PPM.net offers a wide variety of 144A bond services, including bond creation and offerings, CUSIP and ISIN registration, and 144A assistance. Companies seeking creation of bond(s), conducting a bond offering, or achieving DTC eligibility can find full 144A bond services via PPM.net. Our company and team is expert at full assistance for firms seeking DTC services and 144A offerings.
Rule 144A, adopted pursuant to the U.S. Securities Act of 1933, as amended (the “Securities Act”) provides a safe harbor from certain SEC registration requirements for particular types of private resales of restricted securities to Qualified Institutional Buyers (QIBs). QIBs typically are defined as large institutional investors with over $100 million in investable assets or a broker with over $10 million – sophisticated, savvy investors. When a broker or dealer is selling securities such as a or debenture under Rule 144A they are prohibited from making offers to individuals other than those it reasonably believes to be QIBs (Qualified Institutional Buyers).
The Nasdaq Stock Market established a compliance review process in 1990, granting Depository Trust & Clearing Corporation (DTCC) book-entry access to 144A securities. PPM.net can assist in all of your 144a requirements.
DTCC (The Depository Trust & Clearing Corporation)
PPM.net is expert in the process of registering your company with the The Depository Trust & Clearing Corporation (DTCC). DTCC, via its subsidiaries, provides services: clearing, settlement and information services for equities; corporate and municipal bonds; government and mortgage-backed securities; and market instruments as well as over the counter derivatives. Additionally, DTCC is an industry leader in providing the processing of mutual funds and insurance transactions, as well as linking funds and carriers with their distribution networks. PPM.net can assist in all of your DTCC registration requirements.
If you are seeking to have your company or securities listed on a Euro exchange and need assistance in this process, PPM.net can help. Our team is expert at achieving for client firms the listing of their securities on European clearing firms. Read more below.
PPM.net can assist your firm with bond offerings. Those with bonds in place, including trust indenture, as well as those who require the creation of the bonds and bond offerings from scratch can find services at PPM.net.
Financially, a bond is defined as a debt security. The seller of the bond (the issuer) contracts with the buyer (the bond holder) to repay the principle price of the bond plus interest according to a fixed schedule. In a bond offering, the issuer of the security pledges (owes) holders of the debt an assigned interest on the coupon. In other words, bond holders are promised a known return on their investment for the loan they give.
The issuer is obligated to pay back the principle and interest (the coupon) at a later date known as the bond’s maturity. A bond, therefore, is a formal contract to repay borrowed with interest at fixed intervals. Often times, the issue will create a private placement memorandum and offer the bonds, via private offering as opposed to a public bond offering.
PPM.net can assist in all of your bond requirements. Many times our clients need European registration or an account for their specific needs. PPM.net can assist with any Euro bond needs.
CUSIP Filing / Number
The CUSIP standard is the universally accepted system for uniquely classifying financial instruments across exchanges and institutions worldwide. The CUSIP system provides identification and descriptive information for nearly 8.5 million financial instruments. The CUSIP system helps to support accurate and efficient clearance and settlement, and processing of income payments throughout the life cycle of a financial instrument. PPM.net can assist in all of your CUSIP requirements.
ISIN / Number
ISIN, International Securities Identification Number (ISIN), uniquely identifies a security. Securities for which ISIN are issued include bonds, equities, commercial paper and warrants. The ISIN code is in the form of a 12 digit (alpha numerical) code that does not contain information characterizing financial instruments or the business at hand but only serves for uniform identification of a security at trading and settlement. Securities with which ISIN can and are often used include debt securities, such as bonds, shares, options, derivatives and futures. PPM.net can assist in all of your ISIN requirements.