Here at ISIN we have assisted tens of thousands of companies with international securities identification numbers, CUSIPs, database assistance, 144A bonds and more. If your company is issuing debt in the 144A universe and requires an ISIN or CUSIP number you may contact us anytime for application assistance.
If you are ready to apply for a 144A CUSIP, ISIN or other code and need the application expedited just let us know. Our staff will work to ensure that your application is completed as fast as is permitted.
Unrivaled speed and customer service is what our team prides itself. Contact us today to start your process.
Here at ISIN we assist with all aspects of the 144A bond process.
144A bonds fall under “Rule 144A”,. The 144A is an SEC rule issued in 1990 that modified a two-year holding period requirement on privately placed securities by permitting QIBs to trade these positions among themselves. Prior to this the holding period for such private stock was different. A 144A bond offering is a U.S. based offering, and typically is considered an alternative to the timely and costly initial public offering.
There are two common terms used to describe debt securities issuance, a “bond”, and a “note”. A bond is traditionally has a maturity date – an expiration or ending date that the bond terminates on – after 10 years. For notes, the common length is up to ten years. Thus, if a company issues a 144A bond, by the traditional definition the 144A bond will last for more than 10 years. If a company issues a 144A note than traditionally the notes will mature within 10 years of the issue. While the semantics of the bonds and notes do not matter that much in the business world, they do matter for those that know and it is important to be precise when outlining your debt offering.
A 144A bond offering is a private placement offered in the United States for U.S. investors and clears through DTCC, usually (but not always). Additionally, 144A offerings and its Reg S component clear and settle via Euroclear or Clearstream in Europe. A 144A is, in the vast majority of cases, a debt issuance. While very few issuers percentage wise issue a 144A equity security, most companies and governments opt to issue 144A debt, and indeed the majority of such 144A offerings are almost all notes or bonds.
We can assist with your 144A Bond.