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The primary advantages and disadvantages of bank loans versus debt securities are: • issuance of debt securities may take longer and incur higher costs; • debt securities are more easily assigned to third parties; • issuance of debt securities involves more documentation (ie, agreements with trustees, stock exchanges and securities custodians, and distribution of prospectuses and registration statements); • issuance of debt securities requires ...
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Subject Matter

  • Business, economics, society 70.91%
    • Companies, industries, organizations 100.00%
  • Government and social 29.09%
    • Legal, courts and investigations 100.00%

Emotional Reaction

Sentiment

Positive

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Negative

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