144A vs Reg S Notes?
I’m having trouble understanding what the difference between 144A and Reg S bonds are. I understand at a high level that one has to do with American holders and the other is international, but I could be mistaken.
If one was to build an ownership table, would they have to include holders from both 144A and Reg S or is it okay to just build a table off of the 144A holders?
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