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we now expect billed issuance to be down approximately 45% to 50% for the full year
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2022 Q3
9 Nov 22
Year-to-date, market issuances declined approximately 14%, while billed issuances declined approximately 42%.
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2022 Q3
9 Nov 22
our financial results and guidance are more closely tied to billed issuance, which can differ materially from market issuance
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2022 Q3
9 Nov 22
Our Ratings research team is expecting an approximately 19% decline in global market issuance, including both rated and unrated issuance for the full year. This compares to the previous forecast of down 16%.
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2022 Q3
9 Nov 22
Within our Indices business, revenue from exchange-traded derivatives outperformed our internal expectations, growing nearly 40% year-over-year.
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2022 Q3
9 Nov 22
Guidance ranges for our other four divisions are unchanged from last quarter.
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2022 Q3
9 Nov 22
We're updating our guidance ranges to reflect continued headwinds in Ratings as well as better-than-expected performance in Indices.
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2022 Q3
9 Nov 22
we started with 360 – sorry, 356 million of combined shares after the issuance of shares for the IHS Markit shareholders. That has come down to 339 million most recently.
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2022 Q2
20 Sep 22
build issuance
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2022 Q2
20 Sep 22
the second half of the year is always has lower level of issuance in the first half of the year.
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2022 Q2
20 Sep 22
Over the next three years, we see a decrease in near-term maturities as refinancing push those maturity dates out.
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2022 Q2
20 Sep 22
debt maturing over the next 10 years is not down significantly, and it starts to increase over the next three to five years.
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2022 Q2
20 Sep 22
total global debt maturing over the next three years is down significantly from six months ago
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2022 Q2
20 Sep 22
Exchange traded derivative revenue increased 64% on increased trading volumes across key contracts, including the more than 60% increase in S&P 500 index options volume.
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2022 Q2
20 Sep 22
The largest contributors to the decrease in ratings revenue were a 39% decrease in corporates and a 20% decrease in structured finance, driven predominantly a structured credit.
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2022 Q2
20 Sep 22
expect revenue growth to decelerate in debt part of the business
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2022 Q2
20 Sep 22
Excluding the impact of these volume driven products, growth across Market Intelligence would've been approximately 8% year-over-year in the quarter.
We expect those volume driven headwinds to persist through the rest of the year.
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2022 Q2
20 Sep 22
For Enterprise Solutions, we continue to see headwinds in several of our volume driven products that rely on equity and debt capital markets activity, and the variable subscription terms.
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2022 Q2
20 Sep 22
Global market issuance is now expected to decline approximately 16% year-over-year within a range of down 9% to down 24% in 2022
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2022 Q2
20 Sep 22
over the long-term, the public debt markets remain very healthy and have a strong history of resilience
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2022 Q2
20 Sep 22