Bond emission - modern tool for debt financing of development of companies

Abstract

Purpose: The article is devoted to the possibilities of attracting debt financing for companies through the issuance of bonds on the securities market, taking into account the recent growth trends of corporate loans in the structure of Russian corporate debt in the form of various types of corporate bonds. Discussion: Assuming that a bond issue can be an alternative or complement to medium-sized and large-scale bank lending for both short-term and medium-term and long-term, the authors propose to examine the benefits of loans in the securities market, the procedure for their placement, the types and role of credit ratings in the process of emission. Results: The authors proposed abstracts on the advantages of attracting debt financing through the issuance of various types of bonds on the securities market, and also determined the placement scheme and the role of the credit rating in the success of attracting debt financing on the open market.