Managing the credit risk inherent to a corporate credit line is similar to that of a term loan, but with one key … default (LGD). However, since a credit line allows the borrowers to draw down the committed funds according to their own needs … corporate lending within Spain over the last 20 years, provides the most comprehensive overview of corporate credit line use and …

identify the supply curve facing a bank borrower in the interbank market and study how access to overnight credit is affected … to adverse changes in public information about credit quality by restricting access to the market in a fashion consistent … credit quality by increasing leverage so as to offset the future impact on earnings. While the responsiveness of investors to …

different PD estimation methods-cohort and duration (intensity)-using twenty-two years of credit ratings data. We find that the …

, credit availability for real estate is being constrained by capital-impaired lenders. …

industrial lending, and credit weakness is concentrated in a small number of borrower industries. …

provide modest support for all three hypotheses that there was an increase in toughness during the credit crunch period (1989 …