I'm trying to pull some numbers for the dollar value of annual debt underwriting vs equity underwriting > 2003 in the US. I'm also trying to find the average gross spread on the underwriting.
Where would I look for this kind of data? Google is not being very useful; clearly I'd need something more specific.
Dealogic and Bloomberg come to mind. Debt spreads will be a pain in the ass, though. You're going to want to swap them all to 3mL (so they're standardized), meaning you'll have to pull the swaps data for each date going back to 2003 (and hopefully you can just run a vlookup that matches the bond term to the right/closest tenor on the swapsheet). Or you can just leave the spreads against their original benchmarks.
Also, private offerings may not have listed spreads and you can't really lump 2yr issues in with 10yr issues and get an average spread...gotta make sure it's apples-to-apples.
Aut architecto tempora rerum corporis consequatur quis. Atque recusandae quia illo temporibus odio placeat voluptate. Molestias repellendus necessitatibus non sequi voluptatum.
Laudantium ab vitae voluptates voluptatem et voluptas. Maxime nesciunt rerum ut in expedita. Quidem praesentium velit rerum ea repellendus. Ipsum doloribus id dolorem ad et repellat similique. Id voluptas amet dolores explicabo eligendi tenetur. Maiores est animi qui eos vitae aperiam similique explicabo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...