44 Panel B: EU Market Only, full sample (1) (2) (3) (4) (5) (6) Credit Rating 18.4* ** 18.75*** 18.95*** 17.59*** 18.79*** 19.05*** (22.94) (28.74) (29.30) (18.97) (21.78) (22.1) Tranche Count 5.62 *** 1.65 4.37* ** (6.98) (1.05) (2.58) Capital Allocation 2.35 7.59 6.37 (0.20) (0.64) (0.57) Log Tranche Size –2.94 –0.47 –0.33 (–1.46) (–0.24) (–0.19) Log Transaction Value –16.62*** –15.54*** –10.78* (–4.23) (–2.62) (–1.84) Rating Discrepancy –21.73*** 7.42 0.01 (–3.99) (1.11) (0.00) Year dummy N N Y Y N Y Issuer dummy N Y Y N Y Y Observations 1,656 1,656 1,656 1,656 1,656 1,656 Adjusted R-squared 0.410 0.651 0.669 0.590 0.654 0.671
RkJQdWJsaXNoZXIy MTk4NDMw