Convertible & Hybrid Securities

We are consistently among the leading firms in equity-linked and hybrid securities, including debt, preferred stock, purchase contracts, units and trust securities. Clients look to us to guide them on complex securities transactions that require highly creative and sophisticated solutions. Our extensive experience enables us to provide valued insights on offering terms including conversion/exchange features, redemption flexibility and accounting, rating agency and regulatory considerations.

We work seamlessly with our Derivatives & Structured Products team on related derivative transactions including call spread overlays, forward sales, forward repurchase transactions and share lending transactions.