Syndicated Loans: A Hybrid of Relationship Lending and Publicly Traded Debt

ISBN-13: 9781349545674 / Angielski / Miękka / 2006 / 255 str.

Y Altunbas;B Gadanecz;A Kara

Opis

This book examines the development of the international syndicated credits market over the past three decades. Bringing together views of practitioners and academics it provides original answers to unexplored research questions. With extensive coverage and thought-provoking insights, the book is of value to students, practitioners and academics.

Recenzje

'This scholarly, but highly accessible book makes a wonderful introduction to the syndicated loan market...will appeal both to academics and practitioners who are new to syndicated lending.' - Riskbook.com

Spis treści

Introduction A Global Overview of the Syndicated Loan Market Historical Analysis: 1970-2004 Borrower Country Economic Structure and the Pricing of Syndicated Loans Lender Behaviour and the Structure and Pricing of Syndicated Loss Banks' and Financial Institutions' Decision to Participate in Syndications Comparison of Syndicated Loan Markets with Bond Markets Syndicated Loans and Debt Distressed Emerging Market Finance Facts and Figures 1993-2004 Concluding Remarks

O autorze

YENER ALTUNBAS is a senior lecturer at the University of Wales, Bangor. Author of a number of articles on the structure and efficiency of banking markets, his main fields of research include the study of European banks, efficiency, stock market analysis, electoral studies, regional economics and urban economics.

BLAISE GADANECZ is an economist at the Bank for International Settlements. His research covers a range of banking topics, such as the term structure of credit spreads in project finance, the micro-structure of international syndicated loan and bond underwriting markets, and the effects of government safety nets on international bank lending.

ALPER KARA is currently a Teaching Fellow in The University of Leicester, conducting research in the areas of syndicated loan markets, bank lending, corporate finance and emerging market financing. His career also includes four years of experience as a trader in international bond and foreign exchange markets.