Reported 2 days ago
Hybrid bonds, which combine features of debt and equity, have seen a dramatic increase in issuance in the U.S., reaching a record $35.6 billion this year, largely driven by CVS Health's recent $3 billion bond sale and a key policy update from Moody's. With a predicted 7% growth in 2025, these bonds are appealing to companies seeking to manage credit ratings while funding capital-intensive projects, especially as demand remains strong among investors.
Source: YAHOO