Advantages of a Private Placement

  • Relative to Bank Financing
  • Diversity of capital providers
  • Tenor of financing commitments
  • Longer maturities
  • Fixed interest rate
  • Relative to Issuing in the Public Markets
  • Attractive economics, particularly for private placements less than $500 million
  • Size and depth of market
  • Quick execution
  • Tailored transactions to meet the company‚Äôs needs
  • Limited disclosure
  • Rating agencies not required
  • All-in costs
  • Efficiency and speed in execution