Debt maturity influences debt overhang: the reduced incentive for highly- levered borrowers to make real investments … because some value accrues to debt. Reducing maturity can increase or decrease overhang even when shorter-term debt's value …

heterogeneity in financial contracting at the onset of the crisis by exploring ex-ante variation in long-term debt maturity. Our … credit supply shocks on corporate policies. For example, in the absence of a credit shock ("normal times"), the maturity … composition of long-term debt has no effect on investment outcomes. Likewise, maturity composition has no impact on investment …

We argue that time-series variation in the maturity of aggregate corporate debt issues arises because firms behave as … macro liquidity providers, absorbing the large supply shocks associated with changes in the maturity structure of government …

A firm chooses its debt maturity structure and default timing dynamically, both without commitment. Via the fraction of … newly issued short-term bonds, equity holders control the maturity structure, which affects their endogenous default …

the roles played by volatility, illiquidity and debt maturity in driving debt runs, as well as on firms' capital adequacy …

Publicly-traded debt securities differ on a number of dimensions, including quality, maturity, seniority, security, and … leverage, growth opportunities and cash holdings are related with the convertibility, maturity and security structure of issued … appear to influence the types of securities that are issued. Consistent with commonly stated 'maturity-matching' arguments …