By Medha Singh and Niket Nishant
Nov 12 (Reuters) – The autumn rout in AI stocks has reset the market for convertible securities often used by technology firms keen to raise funds cheaply, in a development that has investors breathing a sigh of ‌relief.
A wave of convertible issues this week bears terms that more evenly balance the priorities of fundraising companies with those of ‌investors who want to participate in further stock-market rallies, analysts said.
Dropbox’s $1.1 billion convertible offering, priced on Tuesday, carried a conversion premium of about 25%, about 10 percentage points below the ​third-quarter average of 35%, according to data from independent advisory firm Matthews…







