Convertible Bond Hedging
With deep equity derivative experience,
Riverside works with convertible bond issuers as an unbiased advisor on the associated call spread or capped call. Whether at issuance, amendment, or early termination of the hedge, Riverside is an extension of your deal and legal teams, strengthening the documentation and directly negotiating price to drive significant savings in these very specialized and technically complex transactions.
Why Choose Riverside?
Trusted Advisor
As a trusted advisor on billions of dollars in call spread transactions, we provide unparalleled guidance and expert advice on pricing, documentation, structure, and execution.
Hands-on Experience
Our experts have deep knowledge in equity derivatives and of the structuring and pricing in the call spread market with direct experience on the dealers’ equity-linked desks.
No Conflicts of Interest
Rely on Riverside as an independent, unbiased advisor on any call spread or capped call transaction. We mitigate the conflicts of interest arising with your dealer as a bond hedge counterparty.
Confidentiality
Convertible bonds and their bond hedges are highly confidential transactions with material non-public information. Every communication with the Riverside team is treated with the highest degree of sensitivity.