144A Reg S
144A Reg S
A common question asked is what is the difference between a 144A offering and a Reg S (Regulation S) offering?
Essentially, a 144A offering is an offering offered only to US investors, to “QIBs”, or qualified institutional buyers. These QIBs have to have a certain networth to invest.
a Reg S offering is an “offshore” offering; that is, it is outside the United States, or fancifully called “offshore”. In a Reg S offering only non-US investors can invest in the securities, and/or other restr4ictions apply.
