debt

  1. B1806

    Which rate benchmark do banks use when lending to corporate clients?

    In the US, these are generally prime rates, which tend to skew towards the fed rates, but how does it work globally and in the UK? LIBOR refers to interbank lending, but which benchmark is used when the banks give out loans to PE funds and the sort? Is it the BoE rates?
  2. P

    Technical question - bonds v equity

    Hi all Had a technical question relating to a private company issuing public debt (i.e. bonds). Can a private company become a public company via a bond issuance instead of an IPO? I don’t think a private company can issue bonds to the public whilst remaining a private company so I’m just...