- Relative to Bank Financing
- Diversity of capital providers
- Tenor of financing commitments
- Longer maturities
- Fixed interest rate
- Relative to Issuing in the Public Markets
- Attractive economics, particularly for private placements less than $500 million
- Size and depth of market
- Quick execution
- Tailored transactions to meet the company’s needs
- Limited disclosure
- Rating agencies not required
- All-in costs
- Efficiency and speed in execution
