Registered MTN Programs: Establishing, Updating and Issuing | Practical Law

Registered MTN Programs: Establishing, Updating and Issuing | Practical Law

This Note discusses the process of establishing a medium-term note program (MTN program) registered under the Securities Act and offers guidance to counsel handling ongoing due diligence updates of, and takedowns under, a registered MTN program. The Note discusses the parties involved, the documents used, and the actions taken, in the three stages of a registered MTN program: the establishment phase, the ongoing post-establishment due diligence phase, and the takedown phase. While registered MTN programs vary to some extent, this Note provides background information for counsel who may be new to MTN programs.

Registered MTN Programs: Establishing, Updating and Issuing

Practical Law Practice Note 4-510-1129 (Approx. 43 pages)

Registered MTN Programs: Establishing, Updating and Issuing

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
This Note discusses the process of establishing a medium-term note program (MTN program) registered under the Securities Act and offers guidance to counsel handling ongoing due diligence updates of, and takedowns under, a registered MTN program. The Note discusses the parties involved, the documents used, and the actions taken, in the three stages of a registered MTN program: the establishment phase, the ongoing post-establishment due diligence phase, and the takedown phase. While registered MTN programs vary to some extent, this Note provides background information for counsel who may be new to MTN programs.