2134/318 Maria do Rosario Correia Maria do Rosario Correia The determinants of the choice of maturity and restrictive covenants in debt contracts: a panel data approach Loughborough University 2005 Debt contract design Eurobonds Panel data estimation Economics not elsewhere classified 2005-08-01 15:59:04 Preprint https://repository.lboro.ac.uk/articles/preprint/The_determinants_of_the_choice_of_maturity_and_restrictive_covenants_in_debt_contracts_a_panel_data_approach/9492563 This paper provides a comprehensive analysis for the choice of contract terms included in UK Eurobonds. Typically the theory associates the choice of debt contract terms to firm and market characteristics, arguing that an adequate choice of debt contract terms allows for the reduction of debt-contracting costs. We use a panel-data approach to examine the validity of extant predictions concerning the choice of maturity, call options, convertible options and other covenants....