Targeted registered offerings

Targeted registered offerings

Securities issues sold to "targeted" foreign financial_institutions according to U.S. Securities and Exchange Commission guidelines. These foreign institutions then maintain a secondary market in the foreign market.

Targeted Registered Offerings

New issues of a security in the United States that are sold to foreign companies and investors in accordance with SEC guidelines. These foreign companies and investors provide a secondary market for the targeted registered offerings in their own countries.
References in periodicals archive ?
Targeted registered offerings fall under these provisions.
government and government-agency bonds, corporate bonds and, recently, corporate stock have been issued under the targeted registered offering procedure.
Euroequity, the focus of this paper, is a recent financial innovation applying the targeted registered offering procedure to corporate stock.
The first section describes the targeted registered offering procedure.
To be classified as a targeted registered offering, an issue must satisfy four conditions: the registered owner overseas must be a financial institution; interest coupons or dividends must be paid to the institution outside the U.
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