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Author:Kim, J.
Stover, R. D.
Title:The role of bank letters of credit in corporate tax-exempt financing.
Journal:Financial Management
1987 : SPRING, VOL. 16:1, p. 31-37
Index terms:LETTERS OF CREDIT
BONDS
FINANCING
Language:eng
Abstract:The most recent form of assistance used in tax- exempt financing is the backup letter of credit. Path analysis was used to measure the effect of backup letters of credit on bonds interest cost. This paper describes these effects and results.
SCIMA record nr: 54325
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