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Using a sample of syndicated loans to private equity (PE)-backed IPO companies, we examine how a third-party bank relationship influences the syndicate structure of a loan. We find that a stronger relationship between the lead bank and the borrower's PE firm enables the lead bank to retain a...
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Sponsored loans are issued with the assistance of private equity firms, which negotiate terms on behalf of the borrower. We analyze the impact of engaging private equity sponsors on the cost of syndicated loans and the value added by loan sponsors. We find that sponsorship is associated with...
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authority Charles H. Green, Banker's Guide to New Small Business Finance explains how a financial bust from one perfect storm … to sell business equity via the Internet, Banker's Guide to New Small Business Finance covers how small businesses are … financing professional, Banker's Guide to New Small Business Finance gives you authoritative advice on everything you need to …
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Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including … challenges faced by MSMEs in sourcing of finance during different stages of their life cycle. This study is a first … limitation in the identification and utilization of sources of finance. Data was collected through personal interviews using a …
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