Trends: January’s MongoDB deal continued the trend of convertible issuers from the last 2 years conducting new offerings to refinance and extend the maturity of their balance sheets, while taking advantage (especially in tech) of meaningfully higher equity valuations and convertible market ... >>>Read More

Total Issuance: December saw 6 convertible debt deals for a total of $2.2 billion.  This brings the 2019 total to $41.5 billion of convertible debt issuance over 101 deals.    By comparison, 2018 saw $41.0 billion of issuance over 103 deals (2017: $28.2 billion / 80 deals).  ... >>>Read More

Total Issuance: November activity picked up after a quiet October, with 11 convertible debt deals pricing for a total of $4.0 billion.  This brings the YTD total to $39.1 billion — on pace to surpass last year’s full year total of $41.0 billion.Flexibility: November’s new issuance showcased the ... >>>Read More

Total Issuance: October was typically quiet, with the majority of issuers in blackout for the bulk of the month pending Q3 earnings releases.   $820mm of convertible debt priced in 3 transactions, bringing the YTD total to $35.1 billion (vs. $37.0 billion for the same period in 2018).  ... >>>Read More

Total Issuance: September was the busiest month of the year, surpassing August. There was $7.3 billion of convertible bond issuance over 18 transactions, bringing the 2019 total to $34.2 billion (vs. $35.7 billion for the same period in 2018). There was also $4.75 of mandatory convertibles issued by ... >>>Read More