In recent years, there has been a proliferation of exempt offering alternatives. In advising clients regarding which exempt offering alternative may best meet their objectives, we often suggest that they consider, among other...more
Here’s the deal:
Section 3(a)(2) bank note programs are medium-term note programs with a “bank” as the issuer
The issuer must be a “bank,” as defined in Section 3(a)(2) of the Securities Act
Bank note...more
Here’s the deal:
MTN programs are designed to enable frequent debt issuers to access the market quickly, without the burden of negotiating a suite of takedown documents for each debt issuance.
...more