Private placement and Standby letter of credit: Difference between pages

Revision as of 18:48, 11 November 2016

(SLOC).

A type of letter of credit:

Issued to ensure the financial performance of a bank’s customer to a third party beneficiary; and
Drawn upon only in the event of non-performance.

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-This is a form of securities issuance that has no exact definition.
+(SLOC).
-It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.
+A type of letter of credit:
+*Issued to ensure the financial performance of a bank’s customer to a third party beneficiary; and
-As such it is not normally expected to be traded in the secondary market and is not a 'public' issue.
+*Drawn upon only in the event of non-performance.
-It is not normally expected to be listed on an exchange.
-A wide variety of securities under various names are private placements. In Germany, [[Schuldschein]] are a form of private placements, for example.
 == See also ==
-* [[Listing]]
+* [[Advance payment guarantee]]
-* [[Issue]]
+* [[Contingent liabilities]]
-* [[MCT]]
+* [[Letter of credit]]
-* [[NAIC]]
+* [[Off balance sheet risk]]
-* [[PEPP]]
-* [[Placement]]
-* [[Placing]]
-* [[Private bond]]
-* [[Rule 144A]]
-* [[Schuldschein]]
-* [[Secondary market]]
-* [[Security]]
-* [[USPP]]
-== Other links ==
-[http://www.treasurers.org/node/8624 Developing a UK Private Placement market – interim report of the PP15+ working group, 2012]
-[http://www.treasurers.org/blogs/ceo/201307 Hot money just got hotter...then evaporated, Colin Tyler, ACT July 2013]
-[[Category:Corporate_financial_management]]
+[[Category:Long_term_funding]]
+[[Category:Manage_risks]]
+[[Category:Risk_frameworks]]
+[[Category:Trade_finance]]