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Bought deal

• The lead underwriter(s) purchase the total amount of the new security issue from the issuing company with the intention of quickly selling the issue to investors.

• Security issue where one or two underwriters buy the entire issue.

 
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 Buy
Issue
Lead
Purchase
Security

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The way to develop self-confidence is to do the thing you fear and get a record of successful experiences behind you. Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved. – William Jennings Bryan

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