Article: The initial prospectus for a corporate bond issuance must be a publicly distributed prospectus. That is, it must be available to the public and meet certain criteria. This prospectus must specify the following information:  The nature of the issuer's business. A management profile of the issuer. A list of principal investors. The conditions or features of the bonds being issued. Financial risks inherent to the company or the bonds. Additional supplemental information may be required to be submitted to the SEC when registering your bond issue. The SEC will specify the nature of this information. However, in all cases the SEC will require financial records and statements from the company for the present year and in some cases for a number of prior years. These documents must comply with US generally accepted accounting procedures (GAAP) and must be prepared by a certified public accountant (CPA). If the issuer is already working with an underwriter or underwriting syndicate, all of the participants in the deal, including the issuer and members of the underwriting syndicate, work collectively on the language and format of the registration statement. Otherwise, the issuer will be responsible for this filing. Corporate bonds cannot be offered for sale to the public without the approval of the SEC. If there are issues with your registration, you will be forced to correct them before you can move forward.
What is a summary of what this article is about?
Write a publicly distributed prospectus. Gather required supplemental information. Compile the information and submit the registration statement to the SEC. Wait for approval before moving forward.