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Analyzing Wealth Effects for Bondholders

- New Insight on Major Corporate Events from the Debtholders' Perspective

About Analyzing Wealth Effects for Bondholders

The book examines the impact of firm events on bondholder wealth. First, the methodologies of papers that conduct bond event studies are reviewed. Second, the impact of synergy forecasts at M&A announcements on corporate debt and equity securities is investigated. Finally, regular debt offerings are compared to reopenings of corporate bonds.

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  • Language:
  • English
  • ISBN:
  • 9783631671191
  • Binding:
  • Paperback
  • Pages:
  • 183
  • Published:
  • March 7, 2016
  • Edition:
  • Dimensions:
  • 210x150x14 mm.
  • Weight:
  • 282 g.
Delivery: 1-2 weeks
Expected delivery: December 5, 2024

Description of Analyzing Wealth Effects for Bondholders

The book examines the impact of firm events on bondholder wealth. First, the methodologies of papers that conduct bond event studies are reviewed. Second, the impact of synergy forecasts at M&A announcements on corporate debt and equity securities is investigated. Finally, regular debt offerings are compared to reopenings of corporate bonds.

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