Auction Market Preference Shares | Practical Law
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UK companies have recently begun to use preference share issues to raise funds flexibly and cheaply in the US. This article discusses the commercial and tax factors which have encouraged the development of the shares.
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Auction Market Preference Shares
Practical Law UK Articles 5-100-5424
(Approx. 12 pages)
Auction Market Preference Shares
by Peter King and Mark Kingstone, Linklaters & Paines
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Published on 01 Jan 1991
•
UK
UK companies have recently begun to use preference share issues to raise funds flexibly and cheaply in the US. This article discusses the commercial and tax factors which have encouraged the development of the shares.