How do lenders use their reputation when participating in syndicated loans? I address this question by focusing on … syndicate composition with respect to participants' reputation and its impact on loan spreads. I find that lender reputation … market finance features, rather than bank finance. However I find no evidence that lenders use their reputation and the …

This paper examines whether firm reputation impacts borrowing costs and thus investment. Using unique data from Fortune … reputation measures removing the impact of prior financial performance. Further evidence suggests that banks reward reputable … firms with better contract terms because this reputation proxy contains incremental information on borrower future …