USPP investors seek deal flow with preferred international sources key

Investors in the US private placement (USPP) market continue actively to seek supply with most confident that last year's overall issuance volume – which reached close to US$50 billion – can be matched in 2011. With large portfolio managers reporting an almost even split between domestic and offshore allocations, there is also strong interest in further supply from the short list of preferred international jurisdictions – a list which includes Australia.