Global Corporate Debt during Crises : Implications of Switching Borrowing across Markets

Global Corporate Debt during Crises : Implications of Switching Borrowing across Markets

This paper studies how crises prompted firms to switch borrowing across markets, impacting the amount borrowed, maturity, and currency denomination at the firm and aggregate levels. Using data on worldwide debt issuance from advanced and emerging e...

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Bibliographic Details
Main Authors: Cortina, Juan J., Didier, Tatiana, Schmukler, Sergio L.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
CORPORATE DEBT
EMERGING MARKET ECONOMIES
DEBT MARKETS
CORPORATE BONDS
CORPORATE FINANCE
SOVEREIGN DEBT
BANKING CRISIS
DEBT MATURITY
GLOBAL FINANCIAL CRISIS
BOND ISSUES
SYNDICATED LOANS
Online Access:http://documents.worldbank.org/curated/en/105021580999161805/Global-Corporate-Debt-during-Crises-Implications-of-Switching-Borrowing-across-Markets
http://hdl.handle.net/10986/33318

Internet

http://documents.worldbank.org/curated/en/105021580999161805/Global-Corporate-Debt-during-Crises-Implications-of-Switching-Borrowing-across-Markets
http://hdl.handle.net/10986/33318

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