<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RCe75WRWjkm4BZkAjoml3Lb">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RCTOKjYuZWSDY4D5arHFPci"/>
  <rdfs:label>Direct Debt Offering</rdfs:label>
  <skos:altLabel>Direct Bond Distribution</skos:altLabel>
  <skos:altLabel>Direct Bond Sale</skos:altLabel>
  <skos:altLabel>Direct Debt Placement</skos:altLabel>
  <skos:altLabel>Self-Managed Debt Issuance</skos:altLabel>
  <skos:definition>A Direct Debt Offering refers to the issuance of debt securities by a borrower directly to investors, without the involvement of underwriters or intermediaries. This approach allows the issuer to raise capital efficiently, often at a lower cost, by bypassing traditional financial institutions.</skos:definition>
</owl:Class>
