On the Pricing of Step-Up Bonds in the European Telecom Sector
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Cited by:
- Sarkar, Sudipto & Zhang, Chuanqian, 2015. "Underinvestment and the design of performance-sensitive debt," International Review of Economics & Finance, Elsevier, vol. 37(C), pages 240-253.
- Bank, Matthias & Kupfer, Alexander, 2014. "A sequential pricing framework for corporate securities: The case of rating-trigger step-up/-down bonds," Finance Research Letters, Elsevier, vol. 11(4), pages 437-445.
- Bruno Biais & Thomas Mariotti & Guillaume Plantin & Jean-Charles Rochet, 2007.
"Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(2), pages 345-390.
- Biais, Bruno & Mariotti, Thomas & Plantin, Guillaume & Rochet, Jean-Charles, 2004. "Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications," IDEI Working Papers 312, Institut d'Économie Industrielle (IDEI), Toulouse, revised Sep 2006.
- Bruno Biais & Thomas Mariotti & Guillaume Plantin & Jean-Charles Rochet, 2007. "Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications," Post-Print hal-03415915, HAL.
- Myklebust, Tor Åge, 2012. "Performance Sensitive Debt - Investment and Financing Incentives," Discussion Papers 2012/7, Norwegian School of Economics, Department of Business and Management Science.
- Koziol, Christian & Lawrenz, Jochen, 2010. "Optimal design of rating-trigger step-up bonds: Agency conflicts versus asymmetric information," Journal of Corporate Finance, Elsevier, vol. 16(2), pages 182-204, April.
- Sudipto Sarkar & Chuanqian Zhang, 2016. "Loan-commitment borrowing and performance-sensitive debt," Review of Quantitative Finance and Accounting, Springer, vol. 47(4), pages 973-986, November.
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More about this item
Keywords
defaultable bonds; step-up coupons; rating-based models;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FIN-2006-07-02 (Finance)
- NEP-FMK-2006-07-02 (Financial Markets)
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