Hiroshi Tsuda（）
研究領域：
研究・専門分野
関連カテゴリ
As M&A activity intensifies in Japan, the "M&A event risk" of corporate bonds can emerge in three ways: (1) M&A activity increases the credit risk of bond issuers, causing bond prices to decline; (2) in LBOs, participating financial institutions receive a higher priority for payment in the event of default than bondholders; and (3) takeover defenses put the interests of equity investors ahead of bond investors.
研究領域：
研究・専門分野