Shelf registration

Shelf registration

Shelf registration is an arrangement with the U.S. Securities and Exchange Commission that allows a single registration document to be filed that permits the issuance of multiple securities.

Shelf registration is a registration of a new issue which can be prepared up to two years in advance, so that the issue can be offered quickly as soon as funds are needed or market conditions are favorable.

For example, current market conditions in the housing market are not favorable for a specific firm to issue a public offering. In this case, it may not be a good time for a firm in the sector (e.g. a home builder) to come out with its second offering because many investors will be pessimistic about companies working in that sector. By using shelf registration, the firm can fulfill all registration-related procedures beforehand and go to market quickly when conditions become more favorable


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  • ПОЛОЧНАЯ РЕГИСТРАЦИЯ — SHELF REGISTRATIONСогласно Инструкции № 415 КОМИССИИ ПО ЦЕННЫМ БУМАГАМ И БИРЖАМ, принятой 24 февраля 1982 г., ведущие корпорации имеют право зарегистрировать специальную заявку S 3 на эмиссию акций и/или облигаций на ближайшие два года, что… …   Энциклопедия банковского дела и финансов

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