Auction Market Preference Shares

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.
Peter King and Mark Kingstone, Linklaters & Paines


The full text of this resource is available by logging in or by requesting a trial. If you have any questions, please contact us or your Practical Law Account Executive.

Free trial

A free trial will give you:

Unlimited access to our online legal know-how services during the trial period
Full training and support
Four issues of Practical Law The Journal, the companion to Practical Law online
Weekly update e-mails on current legal developments in your practice area

Log in using Practical Law username

Only use this login if you have not set up OnePass for Practical Law

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247243622695", "objName" : "Auction Market Preference Shares", "userID" : "2", "objUrl" : "", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "false", "analyticsPermCookie" : "2260bf78f:157ffe2280d:5073", "analyticsSessionCookie" : "2260bf78f:157ffe2280d:5074", "statisticSensorPath" : "" }