Convertible Bond CEF Double Digit Gains And Over 10% Yields
Convertible securities combine bond-like interest with the option to convert into equity, enabling capital raises while delaying or reducing immediate shareholder dilution.
They Thought the Investor Was Buying Equity. He Wasn't. | HackerNoon
Many early-stage investments use convertible instruments, delaying valuation discussions and allowing founders and investors to navigate uncertainties.