Convertible bond deals surge to five-year high as firms hunt cheaper capital

Core Insights - Global companies are increasing convertible bond issuance in 2025 to leverage strong equity markets and investor demand for hybrid debt [1] - Technology and growth firms are particularly active in raising funds through convertible bonds to mitigate high borrowing costs [1] Group 1 - The trend of convertible bond issuance is driven by favorable market conditions and investor appetite [1] - Companies are utilizing this financial instrument as a strategic move to optimize their capital structure [1] - The focus on tech and growth sectors indicates a shift towards innovative financing solutions in response to economic pressures [1]