Rights Offering Solicitation Checklist Prime Clerk

or to bookmark this page

Click here to bookmark this page

Click here to remove bookmark

This checklist, created by Christina Pullo , Managing Director, Head of Prime Clerk Restructuring and Kroll Global Corporate Actions, focuses on the solicitation processes for a rights offering, covering the basic timelines, mechanics, and coordination of the process.

Rights offerings allow companies to raise new capital without taking on more debt and provide creditors or interest holders an opportunity to purchase new securities in the reorganized company. In the context of bankruptcy, rights offerings are proposed during formulation of a plan of reorganization and are often a crucial component of creditor’s plan of recovery and a source of funding for consummation of the plan.

When a company conducts a rights offering it should engage a subscription agent early on, possibly at the onset of negotiations among the applicable parties in interest.

This checklist includes considerations for companies and their counsel when planning and effectuating a rights offering with a subscription agent. Complete the form below to download the checklist and further understand this critical process.

*This article was originally published in the Thomson Reuters Publication, Practical Law.

Rights Offering Solicitation Checklist 2021-02-23T00:00:00.0000000 /insights/publications/prime-clerk/rights-offering-solicitation-checklist-bankruptcy /-/media/assets/images/publications/featured-images/2020/growth-and-investor-interest-in-digital-behavioral-health-solutions.jpg publication {0B647C97-E739-4822-85D3-C56879D37F7C}
×
Download the Report

This field is required
This field is required
This field is required
This field is required
The field is required
This field is required A valid email address is required
Please select an Option
This field is required
This field is required
We will use this information to respond to your inquiry and process your data in accordance with our privacy policy.

Other Areas We Can Help

Prime Clerk | Kroll Business Services

Prime Clerk

End-to-end restructuring administration services provided by unrivaled experts and technology.

Prime Clerk