Creditor Control Rights and the Pricing of Private Loans

Type
conference paper
Date Issued
2023
Author(s)
;
;
Abstract
This paper investigates the influence of creditor control rights on the pricing of corporate loans. We construct a novel dataset, which combines hand-collected covenant violations data with individual borrower, creditor, and loan contract information.
Language
English
Event Title
2023 MFA Annual Meeting
Event Location
USA
Event Date
17.-19.03.2023
URL