Design and valuation of debt contracts
WebDec 15, 2006 · THE DESIGN OF DEBT CONTRACTS by Paolo Fulghieri, University of North Carolina, Chapel Hill1 Eitan Goldman, University of North Carolina, Chapel Hill1 1. … WebApr 11, 2024 · In the late summer of 2024, Ecuador and Argentina each concluded restructurings of their foreign currency bonds. These were not the first post-Covid era sovereign debt workouts; they were the last pre-Covid sovereign debt restructurings.Both countries had been in debt distress before the pandemic began and, somewhat …
Design and valuation of debt contracts
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WebThis article studies the design and valuation of debt contracts in a general dynamic setting under uncertainty. We incorporate some insights of the recent corporate finance …
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WebWhen our model is used to study the design of debt contracts, we observe that cash payout rates, leverage, and tax rates are all important determinants of the optimal contractual … WebAug 22, 1998 · This paper studies the design and valuation of debt contracts in a general dynamic setting under uncertainty. We incorporate some insights of the recent corporate finance literature into a valuation framework. The basic framework is an extensive form game determined by the terms of a debt contract and applicable bankruptcy laws.
WebOct 4, 1997 · This paper studies the valuation of corporate debt contracts in an intertemporal setting under uncertainty taking into account the possibility that the …
WebThis paper studies whether debt renegotiation mitigates debt overhang and improves investment efficiency. Using mergers between lenders participated in the same … jendernalikWebThis article studies the design and valuation of debt contracts in a general dynamic setting un-der uncertainty. We incorporate some insights of the recent corporate finance … lake junaluska campground ratesWebAbstract:This article studies the design and valuation of debt contracts in a general dynamic setting under uncertainty. We incorporate some insights of the recent corporate … jenderamiWebAug 1, 2005 · These models are commonly used to value corporate debt at the issue and hence to determine its yield given the amortization plan. This paper proposes two discrete models to value securities... lake junaluska dam parkWebThis process is experimental and the keywords may be updated as the learning algorithm improves. Download chapter PDF References Anderson, R.W., and S.M. Sundaresan (1996). “Design and Valuation of Debt Contracts,” Review of Financial Studies 9 (1), 37–68. CrossRef Google Scholar Bensoussan, A., M. Crouhy, and D. Galai (1997). lake junaluska campingWebHer legal and business experience demonstrates mastery in IP research and patentability, contracts, and regulatory compliance in combination with business strategy, licensing, valuation ... jendes studioWebI am passionate about studying the sovereign debt problem--e.g., optimal design/management of sovereign debts and reforms of government financing--, corporate finance--e.g., optimal capital structure, especially the recent interest on optimal design of non-financial contracts for project finance deals for oil and gas development projects--, … lake junaluska campground