Total Issuance: Despite the uptick in market choppiness starting in late October, the convertible primary market priced a healthy amount of new issue paper since the start of November: $3.6 billion across 9 deals (plus another $200mm currently on offer by Benefitfocus set to price this afternoon). ... >>>Read More

As part of our market update series, please see the summary below of what we saw in the convertible market in October and November 2020. Sector2019 Full YearQ1 2020Q2 2020Q3 2020Oct.-Nov. 2020All Deals Avg. 2.20% / 30%1.25% / 37%2.53% / 29%2.10% / 34%0.91% / 39%Tech Sector ... >>>Read More