CUFTanalytics’ Custom Search Request of Corporate Credit Agreements sourced from US SEC filings (2009 – Present); w/+14,000 records

The database contains data on corporate loan transactions (+14,000 records) sourced from filings by US SEC Registrants in all non-financial industries from January 2009 to present. Of the +14,116 records, as of March 31, 2021, there are 484 loan transactions with credit rating equal to or higher than A-, 1,942 records in the BBB letter category, 2,634 records in the BB letter category, 2,349 records in the B letter category, 273 records that are rated at less than B-, and 6,434 records that are not rated. These +14,000 corporate loan transactions span the 11 GICS Sectors: Energy; Materials; Industrials; Consumer Discretionary; Consumer Staples; Healthcare; Financials (mainly REITS, excludes FIs); Information Technology; Communication Services; Utilities; and Real Estate. The following categories of data are described as follows: 1) Filing Information (with 7 data fields) includes the Filing Company Name, Filing Date, Filing Form and Type of Agreement (credit agreement, amended and restated credit agreement, or an amendment to a credit agreement), and Filing Company’s Central Index Key (CIK), SIC Code and GICS Sector Name; 2) Borrower and Other Loan Participant Details (6 data fields) includes the Primary Borrower’s Name, the Primary Borrower’s country of incorporation, the name(s) of additional borrowers, the name(s) of guarantors, the relationship of the guarantor(s) to the primary borrower, the name(s) of the lead arranger(s)/lender(s); 3) Credit Rating Information (17 data fields) includes publicly available S&P credit ratings and Moody’s credit ratings, if available, as at the date of the credit agreement for Primary Borrower, Parent, Issue and the respective dates of the ratings; 4) Loan Characteristics (16 data fields) includes whether the loan is a revolver or term loan, senior secured or senior unsecured, or other asset class. Also includes data on the loan amount, currency, pricing notes, collateral type, and types of financial covenants; and 5) Loan Pricing Details (11 data fields) includes the type of reference interest rate (e.g., LIBOR), the lending margin (or the fixed rate), commitment fee, annual (facility) fee, and other types of fees, as well as notes and other information related to the pricing. This data/information would assist any company’s finance & treasury department in negotiating pricing with banks/lenders or a multinational corporation’s international tax department to price its intercompany loans for transfer pricing purposes. CUFTanalytics' corporate loan database has over 14,000 records from corporate loan transactions from January 2009 to March 2021. The database is updated monthly by the 15th of following month.

搜集汇总

背景与挑战

背景概述

该数据集收录了自2009年至今美国SEC文件中非金融行业公司的信贷协议，包含超过14,000条贷款交易记录。数据按信用评级、GICS行业分类，并详细涵盖文件信息、借款人详情、信用评级、贷款特征及定价细节等字段，适用于财务与税务部门进行贷款定价分析。