Steven, Ongena; Viorel, Roşcovan; Wei-Ling, Song; … - In: Journal of Financial Management, Markets and Institutions (2014) 2, pp. 131-156
We study the effect of bank loan announcements on the borrowing firms' bond and equity prices. Our sample consists of 896 loan deals signed between 1997 to 2003 involving 364 different US firms. Wereport the first comprehensive evidence that also firm bond prices react to bank loan...
