What should a U.S. lead manager/bookrunner of a new offering of foreign long term securities report?
A. For an initial offering of foreign long-term securities (debt or equity issued by entities that are established under the laws of a foreign country), a U.S. lead manager/bookrunner should report the following in column 10 (Sales by Foreigners of Foreign Bonds) or, column 12 (Sales by Foreigner of Foreign Stock), as appropriate: The U.S. dollar amount of the issue sold directly to them. The U.S dollar amount of the issue sold to the managers own U.S.-resident customers. The U.S. dollar amount of the issue sold to U.S. members of the underwriting group. The U.S. dollar amount of the issue that remains unsold and retained by the manager at the end of the offering. Any subsequent sale of the foreign securities directly with foreign residents by U.S. persons (e.g., broker/dealers) would be reported in column 9, (Purchases by Foreigners of Foreign Bonds) or, column 11, (Purchases by Foreigners of Foreign Stocks). Note: Foreign securities are securities issued by entities that are establis
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