A company with a market capitalisation of S50million is considering raising $1 million debt to...

An initial public bond issue will be administratively complex and relatively expensive for the relatively small amount of debt being raised whereas a bond private placing will be relatively less complex

An average investor is made aware of a potential initial public bond issue whereas the average investor is only made aware of a bond private placing after it has occurred.

The company's credit rating will be a key element in determining the interest rate payable and the potential success of either the public bond issue or the bond private placing

An initial public bond issue does not need to be underwritten whereas a bond private placing must be underwritten.

An initial public bond issue can be arranged relatively quickly whereas a bond private placing can take up to a year to arrange.