Document background
The Placement Memorandum is a crucial document used in private securities offerings in Belgium, serving as the primary vehicle for providing detailed information to potential investors while complying with Belgian and EU regulatory requirements. It is typically used when a company seeks to raise capital through a private placement rather than a public offering, thereby benefiting from certain regulatory exemptions under the EU Prospectus Regulation. The document must comply with Belgian Financial Services and Markets Authority (FSMA) requirements and relevant EU directives, including MiFID II. A Placement Memorandum contains comprehensive information about the investment opportunity, including business operations, financial data, risk factors, and subscription procedures, while maintaining the confidential nature necessary for private placements.
