Issuer Letter of Representations (ILOR)

Definition:

A form agreement containing certain representations that must be made to the Depository Trust Company, The (DTC) by the issuer before various types of issues (e.g., Book-Entry only issues, Rule 144A issues, Regulation S issues) can be made eligible for deposit at DTC and for DTC Book-Entry services.

See DTC Letter of Representations (LOR).

Return to Glossary

You may also like:

  • a city with tall buildings, London
    Deal Drivers: EMEA HY 2025

    August 13, 2025 | Report

    Read more

  • Beijing CDB skyline
    Deal Drivers: APAC HY 2025

    August 11, 2025 | Report

    Read more

  • a blue and white airplane
    Deal Drivers: Americas HY 2025

    August 07, 2025 | Report

    Read more

Your complete M&A platform

Datasite provides you one end-to-end platform that supports you across all stages of the deal.
Market Intelligence

Know your world, completely
Datasite Pipeline

Capture opportunities in one place
Data room platform for deal marketing, Datasite Outreach™
Datasite Outreach

Optimize your deal marketing
Datasite Prepare

Be ready for any transaction
Premier sell-side data room, Datasite Diligence™
Datasite Diligence

Trust the premier data room
Buy-side M&A data room platform, Datasite Acquire®
Datasite Acquire

Trust the premier buy-side data room
Secure data room platform, Datasite Archive™
Datasite Archive

Preserve and protect your project data