I'm trying to mark an M&A financing commitment to market. So I went into Cap IQ and pulled fixed income stats on comparable issuances (issuing co has similar Leverage/EBITDA mult, industry, debt maturity, etc…). Now I have a bunch of stat from Cap IQ and I'm trying to figure out how I mark-to-market. Is it just:
Gain(Loss) = -(100 - [Market Price]) * [Total Issuance Amount]
That seems too easy, am I missing something?
| +203 | Return Rates For Interns Are Falling? | 83 | 2h |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 16 | 1d |
| +102 | I am a drunk MD AMA | 38 | 4h |
| +76 | London IB BB is a challenge | 41 | 22h |
| +75 | KISSED MY VP… HELP!!! | 14 | 9h |
| +63 | VP Lifestyle at Top BB Coverage Groups | 40 | 12h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 3d |
| +49 | SharePoint makes IB hours HELL | 15 | 3d |
| +48 | UBS Offer Day | 18 | 10h |
| +44 | momentum of Rx groups | 16 | 17h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
[Assume I have an appropriate set of debt comps]
The problem with CIQ transaction screens is that there are very few transactions that report every field. You'll inevitably do a lot of digging around.
I found that Bloomberg prices and a combination of CIQ results tend to be a bit easier to work with than just whatever screening results CIQ spits out.
Error consequatur rerum consequatur deleniti perferendis commodi. Ipsam amet doloremque et quia. Omnis ut et quod officiis placeat maiores est. Deleniti nemo labore sed optio.
Unde porro corporis dolor et unde id. Aut consequatur nisi laborum sed et. Omnis expedita consequatur a nihil.
Ullam consequuntur totam est voluptatem molestias ab. Rerum quod qui quaerat tenetur voluptate. Facilis et quia voluptate iusto.
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...