The role of financial covenants in pricing private investments in public equity
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DOI: 10.1016/j.jcorpfin.2023.102466
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References listed on IDEAS
- Susan Chaplinsky, 2010. "Financing under Extreme Risk: Contract Terms and Returns to Private Investments in Public Equity," The Review of Financial Studies, Society for Financial Studies, vol. 23(7), pages 2789-2820, July.
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- Michael Bradley & Michael R. Roberts, 2015. "The Structure and Pricing of Corporate Debt Covenants," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 5(02), pages 1-37.
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"The Information Content of Bank Loan Covenants,"
The Review of Financial Studies, Society for Financial Studies, vol. 23(10), pages 3700-3737, October.
- Cem Demiroglu & Christopher M. James, 2007. "The information content of bank loan covenants," Proceedings 1051, Federal Reserve Bank of Chicago.
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More about this item
Keywords
Syndicated loans; Creditor rights; Covenants; Private placements; Private investment in public equity (PIPE);All these keywords.
JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
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