Pipes and dribble-outs

The alternatives that US issuers have reached for to raise equity, from Pipes to dribble-out programmes. Plus, the danger of financial statements going stale. By Thomas Yang, Banc of America Merrill Lynch, and Jeff Karpf, Cleary Gottlieb

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree