Raising Capital or Issuing Debt for Community Institutions

By: Vorys, Sater, Seymour and Pease LLP.

One of the very first considerations in deciding to issue new capital or debt involves whether the issuing institution desires to conduct a “public” offering, or a “private placement” which qualifies for an exemption from registration with the United States Securities and Exchange Commission (SEC).¹Both are considered “securities” for SEC purposes. Read more.