The main difference between direct private long-term debt financing and public issues of debt is that direct placements are limited to a total value of $10 million.

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Direct private long-term debt financing does not have a limit of $10 million. The main difference lies in the fact that direct placements are sold directly to a small group of institutional or wealthy investors, without the need for public registration or disclosure, unlike public issues of debt which are offered to the general public and must comply with more stringent regulatory requirements.

The Main Difference Between Direct Private Long-Term Debt Financing and Public