Purpose -This paper aims to examine the motivations of firms that issue global bonds. Specifically, it seeks to test whether firms are motivated to offer bonds in multi-markets to raise more capital, take advantage of being well-known in foreign markets and/or owing to poor domestic economic...

Purpose – This paper aims to examine the motivations of firms that issue global bonds. Specifically, it seeks to test whether firms are motivated to offer bonds in multi‐markets to raise more capital, take advantage of being well‐known in foreign markets and/or owing to poor domestic...