Overview

Corporate Notes are debt obligations issued by private or public corporations with maturities ranging from 9 months to 30 years. These notes (or bonds) generally are issued in denominations of $1,000 (par). New issue and secondary market corporate notes are offered to investors by nearly all broker-dealers.  The notes are offered by prospectus or offering circular only, and product suitability must be determined for each individual investor.

Approximately 25 corporate issuers have active new issue note programs designed for individual retail investors. This overview reviews the general features and risk characteristics of these kinds of new issue corporate notes. An investor should read the individual prospectus or offeringc circular carefully for risks specific to each issuer and each series of notes and contact your registered financial advisor for more information.

These Corporate Notes are subject to credit and secondary market risk. There can be no assurance of a trading market, although many dealers intend to maintain an active secondary market. The Corporate Notes are not insured by the FDIC or any government agency. In the case of callable Notes, a specific issue may be callable at the discretion of the issuer. These Corporate Notes involve investment risks, including possible loss of the principal invested.

Please contact your financial advisor for further information concerning the risks involved with investing in Corporate Notes.