Overview
Corporate bonds are debt obligations issued by private or public corporations with maturities ranging from 9 months to 30 years. These bonds (or notes) generally are issued in denominations of $1,000. New issue and secondary market corporate notes are offered to investors by nearly all broker dealers.
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 carefully for risks specific to each issuer and each series of notes.
Please consult your financial advisor prior to investing any money in these or other products. These products are offered through many but not all broker-dealers. This information does not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of those securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Certain products are offered by prospectus or offering circular only. Product suitability must be determined for each individual investor.