Taiwanese solar cell manufacturer Gigasolar Materials made its international bond market debut on Tuesday, printing a $110 million convertible bond less than a month before its regulatory approval expired.
The transaction joins a recent streak of issuers, which have tapped the equity-linked market ahead of potential US interest rate hikes.
There have now been four equity-linked issues over the past two months including Gigasolar, underscoring ongoing investor demand in the wake of...