Sponsor Reputation and Capital Structure Dynamics in Leveraged Buyouts

The authors thank Bo Becker, David Feldman, Paul Schultz, two anonymous referees, seminar participants at the University of Notre Dame, the University of Utah, and Georgia State University, and participants of the 2021 Private Equity Research Consortium (PERC) symposium at the University of North Carolina, Chapel Hill for helpful comments. The authors also thank Justin Braun and Michael Kusznerko for excellent research assistance.