This extensive Guide is a practical tool for companies that are considering raising capital through the issuance of high yield bonds. Written in plain-English, the Guide demystifies and simplifies what for many may seem like a daunting and complex covenant package and offering process. Covering the full spectrum of what issuers need to know, the
High Yield Bonds
Rule 15c2-11: SEC “Clarification” of Broker-Dealer Focused Rule Sending Shockwaves Through Debt Capital Markets
By Melissa Pulgiano on
August 17, 2022 Webinar
1:00pm – 2:00pm ET
Register here.
This PLI briefing will provide an overview of a December 2021 SEC clarification that it would begin applying Rule 15c2-11 to broker-dealer quotations for fixed income securities, including securities traded under Rule 144A among QIBs. This “clarification” would require private “Rule 144A” issuers to…