participated in floor-adjusted credit lines had noninterest expense rates 10-20 bps higher than did banks in purely floating rate … facilities. Demand for floors appears to originate from the supply of credit as borrowers seeking to extend loans between 2005 …

-religiosity counties have higher credit ratings and lower debt costs. The impact of religiosity is stronger for firms with greater …

-based funding opportunity for unlisted firms. Using the Italian Credit Register, we investigate the impact of minibond issuance on … bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … addition, issuer firms reduce the amount of used bank credit but increase the overall amount of available external funds …

regulatory reform which allowed unlisted firms to issue minibonds. Using the Italian Credit Register, we compare new loans … power with banks. Issuer firms also reduce the amount of used bank credit, expand their total and fixed assets, and raise …