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Covenant-Light Contracts And Creditor Coordination
Citations
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Cited by:
- Celil, Hursit S. & Julio, Brandon & Selvam, Srinivasan, 2023. "Investment sensitivity to lender default shocks," Journal of Corporate Finance, Elsevier, vol. 79(C).
- De Novellis, G. & Musile Tanzi, P. & Ranalli, M.G. & Stanghellini, E., 2024. "Leveraged finance exposure in the banking system: Systemic risk and interconnectedness," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 90(C).
- Mitchell Berlin & Gregory P. Nini & Edison Yu, 2017.
"Concentration of Control Rights in Leveraged Loan Syndicates,"
Working Papers
17-22, Federal Reserve Bank of Philadelphia.
- Mitchell Berlin & Gregory P. Nini & Edison Yu, 2019. "Concentration of Control Rights in Leveraged Loan Syndicates," Working Papers 19-41, Federal Reserve Bank of Philadelphia.
- Gregory Duffee & Peter Hördahl, 2021. "Debt specialisation and diversification: International evidence," BIS Working Papers 928, Bank for International Settlements.
- Haotian Xiang, 2019. "Time Inconsistency and Financial Covenants," 2019 Meeting Papers 63, Society for Economic Dynamics.
- Amir Kermani & Yueran Ma, 2020. "Two Tales of Debt," NBER Working Papers 27641, National Bureau of Economic Research, Inc.
- Stefano Colonnello & Michael Koetter & Moritz Stieglitz, 2021.
"Benign Neglect Of Covenant Violations: Blissful Banking Or Ignorant Monitoring?,"
Economic Inquiry, Western Economic Association International, vol. 59(1), pages 459-477, January.
- Colonnello, Stefano & Koetter, Michael & Stieglitz, Moritz, 2019. "Benign neglect of covenant violations: Blissful banking or ignorant monitoring?," IWH Discussion Papers 3/2019, Halle Institute for Economic Research (IWH).
- Akdoğu, Evrim & Alp Paukowits, Aysun, 2022. "Supply of credit and corporate bond covenants," Journal of Corporate Finance, Elsevier, vol. 72(C).
- Zahn Bozanic & Maria Loumioti & Florin P. Vasvari, 2018. "Corporate Loan Securitization and the Standardization of Financial Covenants," Journal of Accounting Research, Wiley Blackwell, vol. 56(1), pages 45-83, March.
- Daniel Ferreira & Miguel A. Ferreira & Beatriz Mariano, 2018.
"Creditor Control Rights and Board Independence,"
Journal of Finance, American Finance Association, vol. 73(5), pages 2385-2423, October.
- Ferreira, Daniel & Ferreira, Miguel & Mariano, Beatriz, 2017. "Creditor Control Rights and Board Independence," CEPR Discussion Papers 11870, C.E.P.R. Discussion Papers.
- Miroslav Gabrovski & Ioannis Kospentaris & Lucie Lebeau, 2024. "The Macroeconomics of Labor, Credit and Financial Market Imperfections," Working Papers 2409, Federal Reserve Bank of Dallas.
- Sharjil M. Haque & Anya V. Kleymenova, 2023. "Private Equity and Debt Contract Enforcement: Evidence from Covenant Violations," Finance and Economics Discussion Series 2023-018, Board of Governors of the Federal Reserve System (U.S.).
- Falk Bräuning & Victoria Ivashina & Ali Ozdagli, 2022.
"High-Yield Debt Covenants and Their Real Effects,"
NBER Working Papers
29888, National Bureau of Economic Research, Inc.
- Falk Bräuning & Victoria Ivashina & Ali Ozdagli, 2023. "High-Yield Debt Covenants and Their Real Effects," Working Papers 2311, Federal Reserve Bank of Dallas.
- Falk Bräuning & Victoria Ivashina & Ali Ozdagli, 2022. "High-Yield Debt Covenants and Their Real Effects," Working Papers 22-5, Federal Reserve Bank of Boston.
- Nina Boyarchenko & Giovanni Favara & Moritz Schularick, 2022.
"Financial Stability Considerations for Monetary Policy: Empirical Evidence and Challenges,"
Staff Reports
1003, Federal Reserve Bank of New York.
- Nina Boyarchenko & Giovanni Favara & Moritz Schularick, 2022. "Financial Stability Considerations for Monetary Policy: Empirical Evidence and Challenges," Finance and Economics Discussion Series 2022-006, Board of Governors of the Federal Reserve System (U.S.).
- Petro Lisowsky & Michael Minnis & Andrew Sutherland, 2017. "Economic Growth and Financial Statement Verification," Journal of Accounting Research, Wiley Blackwell, vol. 55(4), pages 745-794, September.
- Kang, Di & Zhuang, Zhuang, 2019. "Should companies care who their lender is? Evidence from loan covenants," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
- Isin, Adnan Anil, 2018. "Tax avoidance and cost of debt: The case for loan-specific risk mitigation and public debt financing," Journal of Corporate Finance, Elsevier, vol. 49(C), pages 344-378.
- Acharya, Viral & Almeida, Heitor & Ippolito, Filippo & Orive, Ander Perez, 2020. "Bank lines of credit as contingent liquidity: Covenant violations and their implications," Journal of Financial Intermediation, Elsevier, vol. 44(C).
- Zbigniew Korzeb & Pawel Niedziolka, 2021. "Covenant Based Credit Capacity Model for Real Estate Capital Groups: Evidence from Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 410-420.
- Victoria Ivashina & Boris Vallee, 2020. "Weak Credit Covenants," NBER Working Papers 27316, National Bureau of Economic Research, Inc.
- Miguel Faria-e-Castro & Radhakrishnan Gopalan & Avantika Pal & Juan M. Sanchez & Vijay Yerramilli, 2022. "EBITDA Add-backs in Debt Contracting: A Step Too Far?," Working Papers 2022-029, Federal Reserve Bank of St. Louis.
- Amiraslani, Hami & Donovan, John & Phillips, Matthew A. & Wittenberg-Moerman, Regina, 2023. "Contracting in the Dark: The rise of public-side lenders in the syndicated loan market," Journal of Accounting and Economics, Elsevier, vol. 76(1).
- Berlin, Mitchell & Nini, Greg & Yu, Edison G., 2020. "Concentration of control rights in leveraged loan syndicates," Journal of Financial Economics, Elsevier, vol. 137(1), pages 249-271.
- De Novellis, G. & Musile Tanzi, P. & Stanghellini, E., 2024. "Covenant-lite agreement and credit risk: A key relationship in the leveraged loan market," Research in International Business and Finance, Elsevier, vol. 70(PB).
- Bushman, Robert & Gao, Janet & Martin, Xiumin & Pacelli, Joseph, 2021. "The influence of loan officers on loan contract design and performance," Journal of Accounting and Economics, Elsevier, vol. 71(2).
- Elkamhi, Redouane & Nozawa, Yoshio, 2022. "Fire-sale risk in the leveraged loan market," Journal of Financial Economics, Elsevier, vol. 146(3), pages 1120-1147.
- Ersahin, Nuri & Irani, Rustom M. & Le, Hanh, 2021. "Creditor control rights and resource allocation within firms," Journal of Financial Economics, Elsevier, vol. 139(1), pages 186-208.