Glossary
Private Investment in Public Equity (PIPE)
Last updated 22 August 2007
Description
A private investment firm's, mutual fund's or other qualified investors' purchase of stock in a company at a discount to the current market value per share for the purpose of raising capital.
There are two main types of PIPEs - traditional and structured.
A traditional PIPE is one in which stock, either common or preferred, is issued at a set price to raise capital for the issuer.
A structured PIPE, on the other hand, issues convertible debt (common or preferred shares).
Examples
None
See Also
None
Scorecard Index
Deal term reports
The information you provide is excellent and we look forward to doing more business with you in the future
...You have published very timely and interesting materials.... I am excited.... It is an excellent publication and pretty well up to date...
CurrentPartnering Reports
The latest reports on best practise for dealmakers available from CurrentPartnering
Quick links
Contribute
CurrentPartnering is always seeking new contributions or updates to the glossary. Contact us now.