The best replacement for 144a is reg d.

The best alternatives to 144a are rated as following:
★★★★★  reg d
★★★★★  reg s
★★★★  144
★★★★  4(2)
★★★  private placement
★★  regulation d
★★  uspp
★★  144a
★★  sec registered
★★  regs
★  regulation s
  3a2
  private placements
  reg s bonds

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144a
reg d
reg s