Securities Laws, Bank Monitoring, and the Choice Between Cov-lite Loans and Bonds for Highly Levered
收藏NBER2019-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25467
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资源简介：
In contrast to bonds, cov-lite loans do not require SEC registration and are not subject to securities laws. We show that this distinction plays an important role in firms choice between funding through cov-lite loans and bonds and helps understand why the market share of cov-lite loans has been so
提供机构：
美国国家经济研究局
创建时间：
2019-01-01
