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Debt private placements offer the following advantages for corporate borrowers:
- Financings from $20 million to $500 million
- Maturities from 2 to 30+ years
- Bullet or amortizing maturities
- Fixed rate or floating rate
- Custom-tailored structures
- Public or private companies
- Multi-currency, multi-tranche, multi-issuer
- Secured or unsecured
- Outside ratings not required
- Lower up-front costs vs. public debt
- Longer maturities than typical bank debt
- SEC registration not required
- Tailored publicity (ranging from confidential to high profile)
- Quick execution
MetLife's team of private placement analysts are dedicated to one asset class (no distractions) and all are industry specialists -- vital for understanding a company's business and credit story. Investment parameters and a sample of recent transactions follow:
Investment Parameters:
| Type: |
Traditional private placements, 144a transactions (w/o registration rights), credit tenant leases, multiple issuers, other structured transactions |
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| Structure: |
Senior and subordinated notes; secured and unsecured |
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| Quality: |
Investment grade or below investment grade (no ratings required) |
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| Payment: |
Amortizing or bullet maturities; fixed or floating rate coupons |
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| Size: |
Up to $500 million |
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| Term: |
2 to 30 + years, multi-tranche, various call provisions |
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| Currency: |
Any major currency |
Recent Transactions:
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US$95 million of Fixed Rate 10, 15, 20-year Senior Notes of a US consumer non-cyclical corporate
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US$500 million of Floating Rate 5-year Senior Subordinated Notes of a financial services company
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€40 million of Fixed Rate 10 and 12-year Senior Notes of a European industrial manufacturer
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To learn more about
MetLife Private
Placements, select a
contact option below:
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