We examine the factors that influence public firms' choice between project financing and corporate financing. Using a sample of 15,191 syndicated deals closed between 2000 and 2016, we find that economies of scale, agency costs of debt, and information asymmetry arguments affect the choice of...

This paper surveys extant literature on Leveraged Buy-Outs (LBOs). In addition to describing the economic motivation for the use of LBOs, this paper provides details on LBOs characteristics and players, presents the recent trends of the market, and provides statistics in relation to syndicated...