Shareholder Wealth Effects of Private Placements of Debt Made By REITs.

This study examined both the short-run and long-run shareholder wealth effects of private placements of debt made by Real Estate Investment Trusts (REITs). The authors found that there is no significant market reaction to the placement. One-year and three-year adjusted abnormal returns were found to...

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Bibliographic Details
Main Authors: Higgins, Eric., Howton, Shawn., Howton, Shelly.
Format: Villanova Faculty Authorship
Published: 2006
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