Loughborough University
Leicestershire, UK
LE11 3TU
+44 (0)1509 263171
Loughborough University

Loughborough University Institutional Repository

Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/318

Title: The determinants of the choice of maturity and restrictive covenants in debt contracts: a panel data approach
Authors: Correia, Maria do Rosario
Keywords: Debt contract design
Panel data estimation
Issue Date: May-2005
Abstract: This paper provides a comprehensive analysis for the choice of contract terms included in UK Eurobonds. Typically the theory associates the choice of debt contract terms to firm and market characteristics, arguing that an adequate choice of debt contract terms allows for the reduction of debt-contracting costs. We use a panel-data approach to examine the validity of extant predictions concerning the choice of maturity, call options, convertible options and other covenants....
Description: Economics Research Paper, no. 05-03
URI: https://dspace.lboro.ac.uk/2134/318
Appears in Collections:Working Papers (Economics)

Files associated with this item:

File Description SizeFormat
Panel%20Data%20Approach.pdfWorking paper182.17 kBAdobe PDFView/Open
CoverforPDF.pdfCover sheet27.39 kBAdobe PDFView/Open


SFX Query

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.