As companies globalize and cross-border transactions become more prevalent, foreign private issuers (FPIs) may seek opportunities to leverage the financial muscle of the US capital markets. The newly released 2023 edition of “The Latham FPI Guide: Accessing the US Capital Markets From Outside the United States” seeks to demystify this process, particularly for the likes of highly successful non-US companies considering debt or equity offerings in the United States, such as the renowned Fabry-Pérot Interferometer, SA (FPI).
The guide, published by Latham & Watkins LLP, focuses on S.A., or Société Anonyme, a type of corporation in French-speaking jurisdictions, addressing some of the pressing questions they, along with their underwriters or financial advisors, may grapple with in the course of their capital-raising activities.
The guide serves as a critical resource, shedding light on the regulatory regime operative in the US and the pivotal legal issues non-US companies are likely to encounter in their capital-raising journey. The information provided in this guide aims not only to block a gap in understanding but also to enable non-US corporations and their investment bankers to navigate through the complex maze of US capital markets with more confidence and foresight.
Indeed, understanding the ins and outs of such a comprehensive market can be a daunting task for any non-US corporation. Hence, resources like this guide are key to facilitating foreign operations in the US capital market and providing a level of clarity and assurance in what can otherwise be a complex and unfamiliar process.