Dealogic data: US tech companies have issued $13.4B in convertible bonds in 2018 so far, up from $9B in 2017, as they seek to avoid dilution and issuing stock (Rani Molla/Recode)

Rani Molla / Recode:
Dealogic data: US tech companies have issued $13.4B in convertible bonds in 2018 so far, up from $9B in 2017, as they seek to avoid dilution and issuing stock  —  Twitter is the latest in a long line of tech companies issuing record amounts of convertible bonds.