Saudi Cultural Missions Theses & Dissertations

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    AstraZeneca Acquisition of Alexion
    (Saudi Digital Library, 2023-12-01) Alkhaldi, Shaykhah; Sefton, James
    AstraZeneca Acquisition of Alexion
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    Essays on global corporate bank
    (2023-01) Saharti, Mohammed; Chuadhry, Sajid
    Syndicated loans are an important source of external finance for a firm’s financing. In 2019, global syndicated loans volume was about 41% of the total funds raised from capital markets, the second-highest source of external finance after bonds. Over the first nine months of 2021, $4 trillionwasdisbursedthroughsyndicatedlending.1 Givenimportanceofsyndicatedloans,wetake a holistic approach and start this thesis with a citation-based comprehensive systematic literature review (SLR) of the syndicated loan market. Therefore, in this this we fill the knowledge gap by first surveying a comprehensive SLR. This helps us in highlighting some areas that need to be explored. Second we study the effect of bank mergers and acquisitions (M&As) on borrowers syndicate structure and the testing of bank–firm relationships. Finally, we explore the impact of environmental, social, and governance (ESG) factors on the cost of capital for firms and the structure of syndicate loans.
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