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Analyzing Wealth Effects for Bondholders: New Insight on Major Corporate Events from the Debtholders' Perspective

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Analyzing Wealth Effects for Bondholders: New Insight on Major Corporate Events from the Debtholders' Perspective - Schiereck, Dirk, and Maul, Daniel
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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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Analyzing Wealth Effects for Bondholders: New Insight on Major Corporate Events from the Debtholders' Perspective 2016, Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften, Frankfurt a.M.

ISBN-13: 9783631671191

Trade paperback