Private placement

Private placement is a form of securities issuance that has no exact definition.

It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.

As such it is not normally expected to be traded in the secondary market and is not a 'public' issue.

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

• Assessing the US private placement market from a corporate perspective
• Listing
• Issue
• NAIC
• PEPP
• Placement
• Placing
• Private
• Private bond
• Private equity
• Rule 144A
• Schuldschein
• Secondary market
• Security
• Trade sale
• USPP

Other resource

Developing a UK Private Placement market – interim report of the PP15+ working group, 2012