Which One of These Statements Related to Debt Financing Is

Multiple Choice

Which one of these statements related to debt financing is correct?

A) Debt issues of any type,unlike equity issues,do not require SEC registration.
B) Commercial banks specialize more in private placements than in term loans.
C) Private placements generally have longer maturities than term loans.
D) The majority of debt issues are public issues.
E) Public debt issues generally have more restrictive covenants than private issues.