Hybrid Bond Sales Reach Record as Companies Pounce on Low Costs
Companies are selling hybrid bonds at a record pace, seeking to pad their balance sheets while the extra cost of the risky debt hovers near an all-time low.
By Tasos Vossos, Ronan Martin ยท Bloomberg Markets
Companies are selling hybrid bonds at a record pace, seeking to pad their balance sheets while the extra cost of the risky debt hovers near an all-time low.