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Did Securitization Affect the Cost of Corporate Debt?

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NBER2011-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16849
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资源简介:
This paper investigates whether the securitization of corporate bank loans had an impact on the price of corporate debt. Our results suggest that loan facilities that are subsequently securitized are associated with a 15 basis point lower spread than that of loans that are not subsequently
创建时间:
2011-03-01
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