Borrower

Characteristics

Borrower-Lender H1
Information ProjFinStat
Asymmetry
Measures Variabel kontrol
Loan Contract Mkt Adj
Post-Earn
Terms H2 Performance Performance Loan Ret
Ann
ProjFinStat =2 Covenants Covenants Rand (20
Amended Ind Projection
Private day)
MonthlyFinSt Capital Capital
Mkt Adj Loan Ret Leverage ROA
at Covenants Covenants
(20 day) H3A Performance Performance Performance
Cash Flow
Pricing- Pricing- Pricing-
Accruals(t) CFO(t+1) Volatility
Accounting Rating Accounting
CFO(t) Return
Rated Maturity Revolver
Volatility
MonthlyFinStat Market-to- Info Borrowing
Secured
Book Asymmetry Base
Financial Borrower
Covenants R&D Loan Size Size
History
Borrower Size Performance Borrowing
Pricing-Rating Base
Market Makers
H3B
Tangibility Loan IPT

Loan Bid-Ask
Spread

Investment G rade

Relationship
Lead Arranger
Reputation