The Prospectus Directive and the debt capital markets—introduction [Archived]


Published by a ³ÉÈËÓ°Òô Banking & Finance expert
Practice notes

The Prospectus Directive and the debt capital markets—introduction [Archived]


Published by a ³ÉÈËÓ°Òô Banking & Finance expert

Practice notes
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brexit: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a Member State for many purposes. As a third country, the UK can no longer participate in the EU’s political institutions, agencies, offices, bodies and governance structures (except to the limited extent agreed), but the UK must continue to adhere to its obligations under EU law (including EU treaties, legislation, principles and international agreements) and submit to the continuing jurisdiction of the Court of Justice of the European Union in accordance with the transitional arrangements in Part 4 of the Withdrawal Agreement. For further reading, see: Brexit—introduction to the Withdrawal Agreement. This has an impact on this Practice Note. For guidance, see Practice Note: Brexit—impact on finance transactions [Archived]—Brexit planning and impact—key issues for debt capital markets transactions.

ARCHIVED: This archived Practice Note is not maintained and is for background information only. For more information, see Practice Note: The

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Jurisdiction(s):
United Kingdom
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Key definition:
Prospectus definition
What does Prospectus mean?

A document, prepared by the lead manager to an issue containing all the pertinent information about a public offering of securities and about the borrower and guarantor, if any. It is made available to the appropriate legal authorities, stock exchanges and prospective investors. A preliminary prospectus is generally dispatched at the beginning of the subscription period and a final prospectus is dispatched immediately after both the final terms have been fixed and the subscription agreement has been signed by the borrower and the managers.

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