DEBT PRIVATE PLACEMENTS
The private placement market is a fully negotiated source of long-term debt capital that can be raised without the time and expense of SEC registration. Benefits of the market include quick execution, delayed amortization, flexible covenant packages, confidentiality, and pre-packaged documentation. Additionally, formal credit ratings are not necessary.
Wachovia has an experienced team of dedicated professionals who structure and execute these types of financings for companies. Whether your company is in need of capital for acquisitions, internal growth, recapitalizations, or buyouts, our highly skilled and experienced professionals can arrange the most appropriate financing.
Capabilities
- Senior unsecured notes
- Senior secured notes
- Lease-backed notes
- Note monetizations
- Asset-backed notes
- Senior ESOP notes
- Subordinated notes
- Cross-border transactions
Demonstrated Expertise
- Acted as placement agent on $1.1 billion in straight debt private placements in 2004
- Ranked fourth in number of traditional private placement transactions in 2004 (Private Placement Monitor)
- Ranked third in number of U.S. issuer private placement in 2004 (Private Placement Monitor)