当今世界许多大型公司竞相采用各种方式发行股票或债券,从国际资本市场筹集所需资金,其中,私募日益受到借款者们的青睐。所谓私募,是指与公开募集相对应的一种证券发行方式,它不面对范围广泛的公众发行证券,而是由发行公司与个别投资者或少数机构投资者直接协商有关发行条款,达成协议后出售证券。采取这种方式发行的证券,多是针对一定投资者的特殊要求而安排的债 Many large companies in the world today are vying to issue stocks or bonds in various ways to raise the money they need from international capital markets. Of these, private equity is increasingly favored by borrowers. The so-called private equity refers to the public offering corresponding to a securities issuance, it does not face a wide range of public offering of securities, but by the issuing company and individual investors or a few institutional investors directly negotiate the terms of the issue, reach an agreement After the sale of securities. The securities issued in this way are mostly debt arranged for the special requirements of certain investors