630 Third Avenue; Suite 1203
New York, New York 10017
InterNotes® Program
A liquidity alternative to bonds or commercial paper.
Trading Flexibility
Features
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InterNotes® is a platform from InspereX (formerly Incapital) for purchasing corporate notes at par
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Marketed to retail investors in $1,000 increments and emphasizes ease of use
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InterNotes® includes convenience-oriented features such as small upfront investment sizes, diverse maturity periods and interest payment schedules, and a “survivor’s option” to help with estate planning
Robust Technology
Advantages
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Flexibility to issue during weekly pricing periods to retail investors
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Flexibility to redeem with a par redemption option after 1 year
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Less expensive all-in cost with a comparatively lower coupon attractive to retail investors
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Valuable redemption option
Powerful Risk Management
Disadvantages
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May take time to achieve the overall funding amount targeted
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Takes some effort (though modest and manageable)