Altunbas, Yener; Kara, Alper; Marques-Ibanez, David - In: The European Journal of Finance 16 (2010) 5, pp. 437-458
investigate the financial factors behind the issuance of syndicated loans for an extensive sample of euro area non … syndicated loans. In contrast, firms with more short-term debt and those perceived by markets as having more growth opportunities … favour financing through corporate bonds. Syndicated loans are the preferred instrument at the extreme where firms are very …