Author Archives: Qifei Zhu

Underwriter Competition May Help Loan Borrowers with Cheaper Financing

By | January 3, 2022

Institutional loans have risen dramatically over the past couple of decades and have become one of the most important avenues for firms to obtain credit. The amount of new issuance of institutional loans increased from less than $100 billion in the early 2000s to over $600 billion in recent years. Underwriters (i.e., lead banks) play… Read More »