private equity line
USA
private equity line, Also known as private equity line of credit.
A transaction in which investors commit to buy equity securities from a company in a private placement, and the company has the right to draw down on this commitment on a periodic basis. In order to draw down on this commitment, the company must have either filed a registration statement that registers the resale of the equity securities to be issued or a resale registration statement that has been declared effective. This transaction is the equivalent of a PIPE transaction with deferred takedowns.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • private equity line of credit — USA private equity line, Also known as private equity line of credit. A transaction in which investors commit to buy equity securities from a company in a private placement, and the company has the right to draw down on this commitment on a… …   Law dictionary

  • Private equity in the 21st century — relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub industries, leveraged buyouts and venture capital experienced growth along parallel although… …   Wikipedia

  • Private equity in the 1980s — relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub industries, leveraged buyouts and venture capital experienced growth along parallel although… …   Wikipedia

  • History of private equity and venture capital — The history of private equity and venture capital and the development of these asset classes has occurred through a series of boom and bust cycles since the middle of the 20th century. Within the broader private equity industry, two distinct sub… …   Wikipedia

  • Line of credit — Finance Financial markets Bond market …   Wikipedia

  • Equity Insurance Group — Infobox Company company company name = Equity Insurance Group company type = LTD foundation = 1946 location = Brentwood, Essex, England key people = Neil Utley, CEO industry = Commercial Insurance homepage for on line transactional system = [http …   Wikipedia

  • Private security industry in South Africa — The private security industry in South Africa is a complex and vast entity that includes multiple disciplines. Many credit the rise of the Security Industry with the high crime and resultant paranoia after the first democratic elections in 1994.… …   Wikipedia

  • Providence Equity Partners — Infobox Company name = Providence Equity Partners type = Limited liability company genre = foundation = 1989 founder = location city = Providence, Rhode Island location country = USA location = locations = area served = key people = Jonathan M.… …   Wikipedia

  • Norwegian Cruise Line — Type Private company Industry Transportation Founded 1966 Headquarters …   Wikipedia

  • Providence Equity Partners — Providence Equity Partners, LLC Rechtsform Limited Liability Company Gründung 1989 Sitz …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.