Corporate Borrowing and Debt Maturity : The Effects of Market Access and Crises

Corporate Borrowing and Debt Maturity : The Effects of Market Access and Crises

This paper studies the extent to which access to domestic and international bond markets and syndicated loan markets and switches across them impact corporate debt maturity. Using world issuance activity during 1991-2014, the paper shows that diffe...

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Bibliographic Details
Main Authors: Cortina-Lorente, Juan Jose, Didier, Tatiana, Schmukler, Sergio L.
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
capital raising
corporate bonds
debt markets
firm financing
global financial crisis
issuance maturity
long-term finance
syndicated loans
Online Access:http://documents.worldbank.org/curated/en/2016/09/26773256/long-maturity-corporate-borrowing-evidence-bond-loan-issuances-across-markets
http://hdl.handle.net/10986/25060

Internet

http://documents.worldbank.org/curated/en/2016/09/26773256/long-maturity-corporate-borrowing-evidence-bond-loan-issuances-across-markets
http://hdl.handle.net/10986/25060

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