According to FACTSET data, the yield on Strategy convertible bonds has soared to 71% since its issuance.
Mara Holdings said on the X platform that it has acquired 5,771 BTC so far through a 0% convertible note offering at an average price of $95,554 each. The total amount of BTC held by Mara Holdings is approximately 33,875 BTC, currently valued at $3.40 billion (based on the spot BTC price of $99,000). Mara Holdings has completed the issuance of 1 billion USD convertible senior notes with a maturity date of March 1, 2030.
August 16th news, the article said that recently, a state-owned enterprise announced that the convertible bonds it issued were due and defaulted, unable to repay the principal and interest, becoming the first default of state-owned enterprise convertible bonds in the country, and the belief of state-owned enterprises in just redeeming was broken. When investors allocate assets, they should focus on the issuer's operation and financial situation, rather than "uplifting" or "discriminating" becaus...
On July 17th, the stock price of Guanghui Automobile has been below par for the 20th consecutive trading day, and the delisting clause of the face value is about to be triggered. Guanghui convertible bonds will also become the first high-rated convertible bonds to be delisted due to the stock below par.
Guanghui Auto and Guanghui Converted Bond both closed and fell by the limit at the end of the session. Guanghui Auto had closed below 1 yuan for 18 consecutive trading days.