The total costs of corporate borrowing in the loan market: Don't ignore the fees

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Bank liquidity provision across the firm size distribution (2020, background): “18 Finally 18The large gradient in term loans also helps to rule out differences in drawdown rates as well as in fees specific to either credit lines or term loans (Berg et al., 2016), which we do not observe.”
Climate Risk and Capital Structure (2019, unknown): “As explained by Berg et al. (2016), the two items are equal to the spread if no performance pricing scheme exists.”
Ultimate ownership and bank competition (2016, unknown): “Berg, Saunders, and Steffen (2016) show that fees are a significant contributor to the cost of corporate borrowing, whereas we analyze fees as a contributor to the cost of depositing money with a bank, and relate the variation in fees to bank concentration.”