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SPGMI: Leveraged Commentary & Data (LCD) (Topic)

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29,062 Total downloads

Viewing: 1 - 50 of 76 papers

1.

Liquidity Insurance vs. Credit Provision: Evidence from the COVID-19 Crisis

Number of pages: 44 Posted: 27 Jan 2021 Last Revised: 31 Jan 2021
Working Paper Series
International Monetary Fund (IMF) and Board of Governors of the Federal Reserve System
Downloads 56
2.

Information Efficiency or Hold-up with Universal Banks? Some Evidence from Lending after Equity Underwriting

Number of pages: 61 Posted: 24 Jan 2021
Working Paper Series
affiliation not provided to SSRN and University of South Carolina
Downloads 14
3.

Corporate Loan Spreads and Economic Activity

NYU Stern School of Business Forthcoming
Number of pages: 66 Posted: 09 Jan 2021
Working Paper Series
New York University - Leonard N. Stern School of Business, Copenhagen Business School, Frankfurt School of Finance & Management and Copenhagen Business School
Downloads 156
4.

Contracting Costs and Reputational Contracts

Number of pages: 49 Posted: 07 Jan 2021 Last Revised: 07 Jan 2021
Working Paper Series
University of Illinois at Chicago - Department of Finance, University of Florida - Department of Finance, Insurance and Real Estate and University of Florida - Department of Finance, Insurance and Real Estate
Downloads 77
5.

Stress Testing U.S. Leveraged Corporates in a COVID-19 World

IMF Working Paper No. 20/238
Number of pages: 44 Posted: 05 Jan 2021
Working Paper Series
International Monetary Fund (IMF), International Monetary Fund (IMF), International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 21
6.

The Externalities of Fire Sales: Evidence from Collateralized Loan Obligations

Number of pages: 111 Posted: 24 Nov 2020 Last Revised: 18 Jan 2021
Working Paper Series
University of Chicago - Booth School of Business
Downloads 69
7.

The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of COVID

Review of Corporate Finance Studies (Forthcoming), NYU Stern School of Business Forthcoming
Number of pages: 54 Posted: 08 Oct 2020
Working Paper Series
New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management

Multiple version iconThere are 4 versions of this paper

Downloads 94
8.

Why did Firms Draw Down their Credit Lines during the COVID-19 Shutdown?

Number of pages: 30 Posted: 23 Sep 2020 Last Revised: 24 Sep 2020
Working Paper Series
Massachusetts Institute of Technology (MIT) and Massachusetts Institute of Technology (MIT) - Department of Economics
Downloads 92
9.

The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of Covid

NBER Working Paper No. w27601
Number of pages: 54 Posted: 04 Aug 2020 Last Revised: 06 Aug 2020
Working Paper Series
New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management

Multiple version iconThere are 4 versions of this paper

Downloads 59
10.

The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of COVID

NYU Stern School of Business
Number of pages: 54 Posted: 28 Jul 2020
Working Paper Series
New York University - Leonard N. Stern School of Business and Frankfurt School of Finance & Management

Multiple version iconThere are 4 versions of this paper

Downloads 94
11.

The Dollar and Corporate Borrowing Costs

CESifo Working Paper No. 8376
Number of pages: 62 Posted: 23 Jun 2020
Working Paper Series
Federal Reserve Bank of Chicago, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

Multiple version iconThere are 2 versions of this paper

Downloads 25
12.

Nonbank Lending and Credit Cyclicality

NYU Stern School of Business
Number of pages: 56 Posted: 18 Jun 2020 Last Revised: 16 Nov 2020
Working Paper Series
New York University (NYU) - Leonard N. Stern School of Business, Georgia Institute of Technology - Scheller College of Business, New York University (NYU) - Leonard N. Stern School of Business, Students and New York University (NYU) - Leonard N. Stern School of Business
Downloads 148
13.

The Dollar and Corporate Borrowing Costs

CEPR Discussion Paper No. DP14892
Number of pages: 63 Posted: 16 Jun 2020
Working Paper Series
Federal Reserve Bank of Chicago, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

Multiple version iconThere are 2 versions of this paper

14.

Weak Credit Covenants

NBER Working Paper No. w27316
Number of pages: 60 Posted: 09 Jun 2020 Last Revised: 20 Feb 2021
Working Paper Series
Harvard University and Harvard Business School - Finance Unit

Multiple version iconThere are 2 versions of this paper

Downloads 6
15.

Financial Covenants and Fire Sales: Fractures in the Leveraged Loan Market

Number of pages: 90 Posted: 04 Jun 2020 Last Revised: 14 Feb 2021
Working Paper Series
University of Chicago - Booth School of Business
Downloads 36
16.

Interest Rates and the Design of Financial Contracts

NBER Working Paper No. w27195
Number of pages: 62 Posted: 26 May 2020 Last Revised: 26 May 2020
Working Paper Series
The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER) and University of Pennsylvania - The Wharton School

Multiple version iconThere are 2 versions of this paper

Downloads 5
17.

Consequences of Cov-Lite Loans

Number of pages: 52 Posted: 30 Apr 2020
Working Paper Series
University of Illinois at Chicago, University of Nevada, Reno - Department of Accounting and Information Systems and George Washington University - School of Business
Downloads 129
18.

The Great Leverage 2.0? A Tale of Different Indicators of Corporate Leverage

Federal Reserve Bank of Boston Research Paper Series Current Policy Perspectives Paper No. 87795
Number of pages: 19 Posted: 29 Apr 2020
Working Paper Series
Federal Reserve Banks - Federal Reserve Bank of Boston and Independent
Downloads 27
19.

Lending Relationships and the Pricing of Syndicated Loans

Number of pages: 60 Posted: 06 Feb 2020 Last Revised: 25 Sep 2020
Working Paper Series
University of South Carolina, University of South Carolina - Darla Moore School of Business and University of Massachusetts Boston
Downloads 107
20.

Interest Rates and the Design of Financial Contracts

Number of pages: 61 Posted: 13 Jan 2020 Last Revised: 10 Jun 2020
Working Paper Series
The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER) and University of Pennsylvania - The Wharton School

Multiple version iconThere are 2 versions of this paper

Downloads 300
21.

Why Do Firms Borrow Directly from Nonbanks?

NBER Working Paper No. w26458
Number of pages: 53 Posted: 18 Nov 2019 Last Revised: 18 Nov 2019
Working Paper Series
Purdue University - Department of Management, Ohio State University (OSU) - Department of Finance and Tulane University - A.B. Freeman School of Business

Multiple version iconThere are 2 versions of this paper

Downloads 22
22.

Leveraged Loans: Definition and Market Development

Banco de Espana Article 29/19
Number of pages: 13 Posted: 23 Oct 2019 Last Revised: 18 Dec 2019
Working Paper Series
Banco de España
Downloads 93
23.

Direct Lending: The Determinants, Characteristics and Performance of Direct Loans

Number of pages: 74 Posted: 10 Sep 2019
Working Paper Series
The University of Texas at Dallas
Downloads 355
24.

This Time Is Different, but It Will End the Same Way: Unrecognized Secular Changes in the Bond Market since the 2008 Crisis That May Precipitate the Next Crisis

Number of pages: 50 Posted: 17 May 2019
Working Paper Series
Arena Investors, LP, Johns Hopkins University - Carey Business School and Johns Hopkins University - Carey Business School
Downloads 3,147
25.

Consequences of CLO Portfolio Constraints

Number of pages: 55 Posted: 18 Apr 2019
Working Paper Series
The University of Texas at Dallas and London Business School
Downloads 146
26.

Financial Crises: Past and Future

HKS Working Paper No. RWP19-005
Number of pages: 34 Posted: 06 Feb 2019
Working Paper Series
Harvard University
Downloads 232
27.

Securities Laws, Bank Monitoring, and the Choice between Cov-Lite Loans and Bonds for Highly Levered

NBER Working Paper No. w25467
Number of pages: 83 Posted: 23 Jan 2019 Last Revised: 23 Jan 2019
Working Paper Series
Tulane University - A.B. Freeman School of Business and Ohio State University (OSU) - Fisher College of Business

Multiple version iconThere are 2 versions of this paper

Downloads 19
28.

Securities laws, bank monitoring, and the choice between cov-lite loans and bonds for highly levered firms

Fisher College of Business Working Paper No. 2019-03-01, Charles A. Dice Center Working Paper No. 2019-1
Number of pages: 83 Posted: 12 Jan 2019 Last Revised: 23 Jun 2020
Working Paper Series
Tulane University - A.B. Freeman School of Business and Ohio State University (OSU) - Department of Finance

Multiple version iconThere are 2 versions of this paper

Downloads 206
29.

The Private and Social Value of Capital Structure Commitment

Number of pages: 63 Posted: 29 Dec 2018 Last Revised: 25 Jun 2019
Working Paper Series
University of Illinois at Urbana-Champaign, Krannert School of Management, Purdue University and University of Illinois at Urbana-Champaign
Downloads 71
30.

Valuing Late-Stage Companies and Leveraged Buyouts

Darden Case No. UVA-F-1846
Number of pages: 17 Posted: 27 Aug 2018
Working Paper Series
University of Virginia - Darden School of Business
Downloads 5
31.

Debt Crisis Looming? Yes, Corporate Debt Expanded But Don't Panic Over the Prospect of Bbb Downgrades

Journal of Applied Corporate Finance, Vol. 30, Issue 2, pp. 45-49, 2018
Number of pages: 7 Posted: 20 Aug 2018 Last Revised: 04 Oct 2020
Accepted Paper Series
Lehmann, Livian, Fridson Advisors LLC
Downloads 2
32.

Weak Credit Covenants

Number of pages: 59 Posted: 09 Aug 2018 Last Revised: 29 May 2020
Working Paper Series
Harvard University and Harvard Business School - Finance Unit

Multiple version iconThere are 2 versions of this paper

Downloads 413
33.

Why Do Firms Borrow Directly from Nonbanks?

Fisher College of Business Working Paper No. 2018-03-013, Charles A. Dice Center Working Paper No. 2018-13
Number of pages: 53 Posted: 26 Jul 2018 Last Revised: 17 Aug 2020
Working Paper Series
Purdue University - Department of Management, Ohio State University (OSU) - Department of Finance and Tulane University - A.B. Freeman School of Business

Multiple version iconThere are 2 versions of this paper

Downloads 670
34.

Underwriting and Primary Market Price Discovery of Syndicated Loans: Theory and Evidence

Number of pages: 68 Posted: 27 Apr 2018 Last Revised: 11 Sep 2020
Working Paper Series
University of South Carolina, University of South Carolina - Darla Moore School of Business and University of Massachusetts Boston - College of Management
Downloads 128
35.

Institutional Investors and Loan Dynamics: Evidence from Loan Renegotiations

Number of pages: 63 Posted: 21 Jun 2017 Last Revised: 06 Apr 2019
Working Paper Series
Federal Reserve Banks - Federal Reserve Bank of Richmond, University of Arkansas Fort Smith and University of Texas at San Antonio
Downloads 158
36.

Radnet, Inc.: Financing an Acquisition

Darden Case No. UVA-F-1652
Number of pages: 22 Posted: 30 May 2017
Working Paper Series
University of Virginia - Darden School of Business and University of Virginia - Darden School of Business
Downloads 2
37.

Valuation of Late-Stage Companies and Buyouts

Darden Case No. UVA-F-1639
Number of pages: 25 Posted: 30 May 2017
Working Paper Series
University of Virginia - Darden School of Business and University of Virginia - Darden School of Business
Downloads 1
38.

Pipeline Risk in Leveraged Loan Syndication

FEDS Working Paper No. 2017-048
Number of pages: 76 Posted: 26 Apr 2017
Working Paper Series
Humboldt University of Berlin, University College London - Department of Economics and Federal Reserve Bank of Chicago

Multiple version iconThere are 2 versions of this paper

Downloads 284
39.

Pipeline Risk in Leveraged Loan Syndication

CEPR Discussion Paper No. DP11956
Number of pages: 79 Posted: 21 Apr 2017
Working Paper Series
Humboldt University of Berlin, University College London - Department of Economics and Federal Reserve Bank of Chicago

Multiple version iconThere are 2 versions of this paper

Downloads 2
40.

Credit Default Swaps and Corporate Innovation

Journal of Financial Economics (JFE), Vol. 134, No. 2, 2019
Number of pages: 63 Posted: 17 Mar 2017 Last Revised: 03 Dec 2019
Accepted Paper Series
Nanyang Business School, Nanyang Technological University, City University of Hong Kong (CityUHK) - Department of Accountancy, University of Warwick - Warwick Business School, Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management and The Chinese University of Hong Kong (CUHK) - Department of Finance
Downloads 801
41.

Covenant-Light Contracts and Creditor Coordination

Riksbank Research Paper Series No. 149, Sveriges Riksbank Working Paper Series No. 325, Swedish House of Finance Research Paper No. 17-1
Number of pages: 45 Posted: 07 Dec 2016 Last Revised: 13 Jan 2017
Working Paper Series
Stockholm School of Economics and Harvard University

Multiple version iconThere are 2 versions of this paper

Downloads 534
42.

Corporate Loan Securitization and the Standardization of Financial Covenants

Journal of Accounting Research, 2018, Vol. 56(1), 45-83
Number of pages: 51 Posted: 04 Oct 2016 Last Revised: 01 Jun 2018
Accepted Paper Series
Florida State University, The University of Texas at Dallas and London Business School

Multiple version iconThere are 2 versions of this paper

Downloads 244
43.

Senior Lender Control: Monitoring Spillover or Creditor Conflict?

PBCSF-NIFR Research Paper
Number of pages: 52 Posted: 19 Jul 2016 Last Revised: 29 Oct 2020
Working Paper Series
Tsinghua University - PBC School of Finance, Queen's University - Smith School of Business and Queen's University - Smith School of Business
Downloads 129
44.

Portfolio Performance Manipulation in Collateralized Loan Obligations

Journal of Accounting & Economics (JAE), Vol. 67, No. 1, 2019
Number of pages: 58 Posted: 05 Jul 2016 Last Revised: 26 Sep 2018
Accepted Paper Series
The University of Texas at Dallas and London Business School
Downloads 287
45.

Covenant-Light Contracts and Creditor Coordination

Swedish House of Finance Research Paper No. 16-09
Number of pages: 44 Posted: 31 Mar 2016 Last Revised: 04 Apr 2016
Working Paper Series
Stockholm School of Economics and Harvard University

Multiple version iconThere are 2 versions of this paper

Downloads 199
46.

The Importance of Leveraged Lending: It's (Not) All Academic

Number of pages: 20 Posted: 03 Feb 2016
Working Paper Series
University of Virginia - McIntire School of Commerce
Downloads 122
47.

Back to the Future Again: Private Equity after the Crisis

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 19, No. 1&2, 2009
Number of pages: 13 Posted: 04 Dec 2015
Accepted Paper Series
MacroStrategies LLC

Multiple version iconThere are 2 versions of this paper

Downloads 239
48.

Combining Banking with Private Equity Investing

Review of Financial Studies, Vol. 26 (9), 2139-2173, June 2013
Number of pages: 47 Posted: 19 Sep 2014 Last Revised: 15 Feb 2018
Accepted Paper Series
INSEAD - Finance, Harvard University and Harvard Business School - Finance Unit

Multiple version iconThere are 2 versions of this paper

Downloads 121
49.

Do Bond Covenants Affect Borrowing Costs?

Journal of Applied Corporate Finance, Vol. 26, Issue 2, pp. 79-84, 2014
Number of pages: 8 Posted: 09 Jul 2014
Accepted Paper Series
Lehmann, Livian, Fridson Advisors LLC, FridsonVision LLC, FridsonVision LLC and Bond Street Group
Downloads 1
50.

Do the Securities Laws Matter? The Rise of the Leveraged Loan Market

Journal of Corporation Law (2014, Forthcoming)
Number of pages: 51 Posted: 04 Apr 2014 Last Revised: 30 Dec 2014
Accepted Paper Series
Duke University School of Law
Downloads 653