"Publicly-traded debt securities differ on a number of dimensions, including quality, maturity, seniority, security … opportunities and cash holdings are related with the convertibility, maturity and security structure of issued bonds. Second … of securities that are issued. Consistent with commonly stated 'maturity-matching' arguments, long-term, nonconvertible …

heterogeneity in financial contracting at the onset of the crisis by exploring ex-ante variation in long-term debt maturity. Our … at the time of the crisis observe more pronounced outcomes than otherwise similar firms that need not refinance their … credit supply shocks on corporate policies. For example, in the absence of a credit shock ("normal times"), the maturity …

heterogeneity in financial contracting at the onset of the crisis by exploring ex-ante variation in long-term debt maturity. Our … at the time of the crisis observe more pronounced outcomes than otherwise similar firms that need not refinance their … credit supply shocks on corporate policies. For example, in the absence of a credit shock ("normal times"), the maturity …

This paper investigates whether and how economic policy uncertainty affects corporate debt maturity. Using a large firm … a shortened debt maturity. Moreover, the impacts are stronger for innovation-intensive firms. We use firms’ flexibility … in changing debt maturity and the deviation to leverage target to gauge the causal relationship, and identify the reduced …