Private placements can be a good option for investors looking for secure, stable, contracted cashflows from companies with strong financial profiles. Private placements can also offer enhanced documentary protections for investors, typically greater than those offered by public bonds.
M&G is one of Europe’s largest investors in private placements and we have invested over US$8.4 billion* in private placements since we began investing on behalf of Prudential plc, our parent company, in 1997.