issuer


issuer
This term has different meanings depending on the context in which it is used:
- For the purposes of the Listing Rules, any company or other legal person or undertaking (including a public sector issuer), any class of whose securities has been admitted to listing or is the subject of an application for admission to listing.
- For the purposes of the Disclosure Rules and Transparency Rules (DTR):
- in DTR 1, 2 and 3, any company or other legal person or undertaking (including a public sector issuer) any class of whose financial instruments have been admitted to trading on a regulated market or are subject to an application to trading on a regulated market, other than issuers who have not requested or approved admission of their financial instruments to trading on a regulated market;
- in DTR 1A, 4 and 6, a legal entity governed by private or public law, including a state, whose securities are admitted to trading on a regulated market, the issuer being, in the case of depositary receipts representing securities, the issuer of the securities represented;
- in DTR 5, either a legal entity governed by private or public law, including a state whose shares are admitted to trading on a regulated market, the issuer being in the case of depositary receipts representing securities, the issuer of the shares represented, or a public company within the meaning of section 1(3) of the Companies Act 1985 and any other body corporate incorporated in and having a principal place of business in Great Britain. whose shares are admitted to trading on a market which (not being a regulated market) is a prescribed market.
- For the purposes of the Prospectus Rules, as defined in section 102A of the Financial Services and Markets Act 2000, a legal person who issues or proposes to issue the transferable securities (transferable security) in question.
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USA
issuing bank, Also known as the issuing lender or issuer.
The party directly obligated to fund under a letter of credit. In a syndicated loan, one bank typically issues the letter of credit on behalf of the other revolving lenders who provide back-up to the issuing lender by taking pro rata participating interests in each letter of credit that is issued.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Issuer — Is su*er ([i^]sh [ u]*[ e]r), n. One who issues, emits, or publishes. [1913 Webster] …   The Collaborative International Dictionary of English

  • Issuer — A legal entity that develops, registers and sells securities for the purpose of financing its operations. Issuers may be domestic or foreign governments, corporations or investment trusts. Issuers are legally responsible for the obligations of… …   Wikipedia

  • issuer — A party or entity that sells a security representing a claim on its assets (an equity security) or its contractual obligation to pay the holder at a future date (a debt security). American Banker Glossary An entity that puts a financial asset in… …   Financial and business terms

  • Issuer — An entity that issues a financial asset. The New York Times Financial Glossary * * * issuer is‧su‧er [ˈɪʆuə, ˈɪsjuə ǁ ˈɪʆuər] noun [countable] 1. a person or organization that officially gives something such as a document to people who need or… …   Financial and business terms

  • issuer — Corporation, governmental bodies, and other entities that issue and distribute securities. With respect to obligations on or defenses to investment securities issuer includes a person who: (a) places or authorizes the placing of his name on a… …   Black's law dictionary

  • issuer — Corporation, governmental bodies, and other entities that issue and distribute securities. With respect to obligations on or defenses to investment securities issuer includes a person who: (a) places or authorizes the placing of his name on a… …   Black's law dictionary

  • Issuer — A legal entity that develops, registers and sells securities for the purpose of financing its operations. Issuers may be domestic or foreign governments, corporations or investment trusts. Issuers are legally responsible for the obligations of… …   Investment dictionary

  • issuer — noun Issuer is used after these nouns: ↑card, ↑credit card …   Collocations dictionary

  • issuer — vertybinių popierių emitentas statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Juridinis asmuo, siūlantis leisti ar leidžiantis savo vertybinius popierius. atitikmenys: angl. issuer vok. Emittent rus. эмитент… …   Lithuanian dictionary (lietuvių žodynas)

  • issuer — In general one who issues something. A person who places or authorizes the placing of his name on a security (otherwise than as authenticating trustee, registrar transfer agent, or the like) to evidence that it represents a share, participation,… …   Ballentine's law dictionary


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