KudoZ home » English to German » Finance (general)

offering memorandum vs. official statement

German translation: some definitions

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
00:56 Feb 19, 2005
English to German translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: offering memorandum vs. official statement
One advantage of pooled facilities is that they use standard transaction documents which reduce transaction costs for each project.

The typical set of transaction documents are:

- the offering memorandum or official statement
- trust agreement or indenture for the pooled financing
- loan agreements between the facility and local borrowers in the pool
- authorizing resolutions of the local borrowers
- legal enforceability opinions by local counsel

Ich habe in einem rum'nischen WB die selbe Uebersetzung fuer beide Begriffe gefunden. Stimmt das?
Elvira Stoianov
Luxembourg
Local time: 13:25
German translation:some definitions
Explanation:
Hi Eli! Ich bin leider kein Finanzexperte (kann Ralf bestätigen, der immer meine dummen Fragen beantwortet), aber ich habe wenigstens diese Definitionen für dich gefunden: Vielleicht hilft dir das ja schon mal weiter! [Und... ehem.. kannst du auch mal gelegentlich deine offenen Fragen schließen? Bitte?]

Official statement:
A document prepared for the bond sale which provides all information that would be "material" to a prospective purchaser of the bonds, including descriptions of the issuer, terms of the bonds, security for the bonds, major legal documents, risk factors and tax matters, and financial statements
http://sam.dgs.ca.gov/TOC/6000/6899.htm

Offering Memorandum
A legal document that provides investors with your company's business plan, investment information and investment risks. Also known as Private Placement Memorandum (PPM).
http://hightechbiz.com/dictionary.htm
Selected response from:

Johanna Timm, PhD
Canada
Local time: 04:25
Grading comment
danke
3 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
3some definitions
Johanna Timm, PhD


  

Answers


3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
some definitions


Explanation:
Hi Eli! Ich bin leider kein Finanzexperte (kann Ralf bestätigen, der immer meine dummen Fragen beantwortet), aber ich habe wenigstens diese Definitionen für dich gefunden: Vielleicht hilft dir das ja schon mal weiter! [Und... ehem.. kannst du auch mal gelegentlich deine offenen Fragen schließen? Bitte?]

Official statement:
A document prepared for the bond sale which provides all information that would be "material" to a prospective purchaser of the bonds, including descriptions of the issuer, terms of the bonds, security for the bonds, major legal documents, risk factors and tax matters, and financial statements
http://sam.dgs.ca.gov/TOC/6000/6899.htm

Offering Memorandum
A legal document that provides investors with your company's business plan, investment information and investment risks. Also known as Private Placement Memorandum (PPM).
http://hightechbiz.com/dictionary.htm


Johanna Timm, PhD
Canada
Local time: 04:25
Native speaker of: Native in GermanGerman
PRO pts in category: 107
Grading comment
danke
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search