US Convertible Bond Market Hits Record as AI Spending Surges
THE SO WHAT
Record US convertible issuance tied to AI capex means CFOs are financing model and infra bets with equity-linked debt rather than straight dilution or cash. If you’re planning large AI spend, your board conversation is no longer just “build vs buy” on tech—it’s also which capital instrument you’re willing to use to fund multi-year compute and data commitments.
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