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Re: liable post# 71016

Tuesday, 03/23/2010 11:05:29 AM

Tuesday, March 23, 2010 11:05:29 AM

Post# of 141634
Private companies don't use CUSIP numbers.

They use "Private Placement Numbers" and only so that investment companies can identify them in their reports.

Private Placement Number (PPN)
Example: 00800*AA7

A private placement number is a number assigned by S&P’s CUSIP Service Bureau that is issued for a security that is not traded on the public markets.

PPNs can be recognized by the existence of a #, @ or * in the 6th, 7th, or 8th position of the CUSIP number. If the issuer is a private company, the #, @ or * will appear in the 6th position of the PPN. For privately traded issues of public entities, the #, @, or * will appear in either the 7th or 8th position of the PPN.

For example 00800*AA7 is the full 9 character PPN
00800* = the issuer (e.g., Private Co.)
AA = the issue (e.g. Senior note)
7 = Check digit