Sökning: "Syndicated"

Visar resultat 1 - 5 av 16 uppsatser innehållade ordet Syndicated.

1. 1. Does investor diversity in loan syndications affect the initial returns in the secondary market?

   Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Erik Andersson; João Fernandes; [2023]
   Nyckelord :Syndicated loans; Information diversity; Investor diversity; Under-pricing; Initial returns; Discount; Business and Economics;

   Sammanfattning : The syndicated loan market is a major source of corporate funding, raising $5 trillion in 2021. The secondary market where these loans are traded has seen a rapid growth in the last few decades. This growth was accompanied by the entrance of new types of participants, increasing the investor diversity. LÄS MER

3. 2. Heterogeneity as a Performance Driver: An Empirical Analysis of Syndicated Buyouts in the Nordics

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Nils Keller; Marvin Paul Pflug; [2022]
   Nyckelord :Private Equity; Buyouts; Syndication; Heterogeneity; Performance Measurement;

   Sammanfattning : This study examines the impact of heterogeneity among private equity syndicate members on the investment performance. It draws on a unique and hand-collected set of data on 125 syndicated buyouts in the Nordics exited between 1998 and 2021. We find that the effect of heterogeneity on deal-level returns is not one-sided. LÄS MER

4. 3. Market Risk and the Prominence of Project Finance - A cross-country study of market volatility as a predictor of the choice of debt

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Hanna Höije; Nicole Espelund; [2021]
   Nyckelord :Project Finance; Syndicated Loans; Debt Financing Choice; Risk Management; Market Volatility;

   Sammanfattning : The use of project finance has grown considerably in recent decades, both on a regional and industrial scale. This type of structured debt represents a specific investment vehicle associated with extensive risk mitigating features. In this study, we highlight the effects of market risk on the debt financing choice. LÄS MER

5. 4. Institutional Involvement in Syndicated Project Finance Loans

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Rico Glase; [2019]
   Nyckelord :Project Finance; Syndicated Loans; Institutional Investors; Loan Pricing; Loan Tenors;

   Sammanfattning : In accordance with the framework of the Double Degree Programme in Finance between Stockholm School of Economics (Home School) and Università Commerciale Luigi Bocconi (Host School), the first part of this thesis was written, submitted, and defended at Università Commerciale Luigi Bocconi and deals with the impact of non-bank lenders on two distinct loan determinants of syndicated project finance loans, that is loan spreads and loan tenors. Focusing on these specific loans, the author finds that the spread and the tenor at issuance, differ substantially for loans in which institutional lenders are involved compared to bank-only loans. LÄS MER

7. 5. Syndicated Lending and Antitrust

   Magister-uppsats, Lunds universitet/Juridiska institutionen

   Författare :Tinna Ósk Óskarsdóttir; [2018]
   Nyckelord :Law and Political Science;

   Sammanfattning : Discussion on whether syndicated loan structures may give rise to anticompetitive risks has been increasing thus the European Commission is performing a study on the impact syndicated lending structures have on competition in the credit markets. This thesis will cover the main aspects of syndicated loan structures and then examine Article 101 TFEU and anticompetitive conduct. LÄS MER