Financial Times FT.com

Facts and figures: Non-US companies exploit rule 144A

By Peter Thal Larsen

Published: June 24 2008 17:20 | Last updated: June 24 2008 17:20

Companies from outside the US are using a previously obscure technique to raise money from US investors without having to comply with onerous regulations.

Research by Thomson Reuters has found that a growing number of overseas companies are issuing equity on the so-called 144A market, which allows corporate issuers to place equity or debt with a limited number of qualified investors.

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