A primer on private placements and achieving liquidity in cross‐border offerings
Abstract
The private placement is the principal alternative method of financing to an SEC registered offering. The private placement avoids registration under the Securities Act of 1933 (the “Securities Act”) with its concomitant costs and delays. It also avoids periodic reporting under the Securities Exchange Act of 1934 (the “Exchange Act”) for foreign private issuers. Issuers frequently resell their private placement securities abroad or to other qualified institutional investors. The combination of statutory exemptions, Rule 144A, Regulation S, and other SEC initiatives enable issuers to take advantage of these benefits
Keywords
Citation
Lander, G.P. (2003), "A primer on private placements and achieving liquidity in cross‐border offerings", Journal of Investment Compliance, Vol. 4 No. 1, pp. 45-55. https://doi.org/10.1108/15285810310813013
Publisher
:MCB UP Ltd
Copyright © 2003, MCB UP Limited