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Persistent link: https://www.econbiz.de/10002437553
Persistent link: https://www.econbiz.de/10011988095
Numerous studies have examined the effect on credit spreads of renegotiation. These studies have generally focused on the impact on spread levels in general, and not on how renegotiation influences the relative pricing of senior versus junior debt claims. In this paper, we show that the scope...
Persistent link: https://www.econbiz.de/10008746359
Numerous studies have examined the effect on credit spreads of renegotiation. These studies have generally focussed on the impact on spread levels in general, and not on how renegotiation influences the relative pricing of senior versus junior debt claims. In this paper, we show that the scope...
Persistent link: https://www.econbiz.de/10013290216