This paper examines several dimensions of the relationship between diversification and performance. Specifically, we investigate the link between related and unrelated diversification and performance. We also study the effect of the potential redeployment of ‘plastic' assets on unrelated...

This paper examines which factors determine the pricing of loans for LBOs, using a worldwide sample of 11,111 loans closed in the 2000-2016 period. Our findings are consistent with the hypothesis that loans for LBOs are priced differently by common factors than other syndicated loans. We show...