Privately placed loans are advantageous because
A)there are usually fewer restrictive covenants.
B)there is direct contact with the lender and renegotiations can be handled more easily.
C)SEC registration is necessary.
D)there are usually fewer restrictive covenants and SEC registration is necessary.

Question

Quizplus · Accepted Answer

Privately placed loans allow for direct contact with the lender, which can lead to easier renegotiations if necessary. Additionally, there are typically fewer restrictive covenants compared to publicly placed loans. SEC registration is not necessary for privately placed loans.

Privately Placed Loans Are Advantageous Because