As part of our market update series, here are our key takeaways from the convertible market in the first quarter of 2024. The convertible market started 2024 with a very active quarter yielding ~$20 billion of new issuance. The past quarter was the busiest quarter since the “covid wave” in Q1 ... >>>Read More

As part of our market update series, here are our takeaways in the convertible market in Q4 2023 and looking across the year. Convertible market ended 2023 with another active quarter with ~$13 billion of new issuance activity.  2023 new issuance volume finished at ~$55 billion, which is a strong ... >>>Read More

Sector Deal Count Deal Count % Volume ($bn) Volume % Technology 7 30.4% 6.1 41.5% Industrials 5 21.7% 2.4 16.3% Healthcare 3 13.0% 1.6 10.9% Consumer 3 13.0% 1.3 8.8% Real Estate 2 8.7% 0.7 4.8% Financials 1 4.3% 1.4 9.5% Utilities 1 4.3% 1.0 6.8% Basic ... >>>Read More

As part of our market update series, please see the summary below of what we saw in the convertible market in the second quarter of 2023 along with some key takeaways. Q2 volume of $14.3 billion slightly surpassed Q1 volume of $13.2 billion, and now puts 2023 on pace for ~$55 billion of ... >>>Read More

As part of our market update series, please see the summary below of what we saw in the convertible market in Q1 2023 along with some key takeaways. Q1 volume of $13.2 billion was the highest in a quarter since Q4 2021 Technology issuers regained dominance, accounting for 38% of the deal count and ... >>>Read More