Advertising

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.

 
 Embedded terms in definition
 Buy
Issue
Lead
Purchase
Security

<< Bottom up equity management style Bourse >>

What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...

Give the people not hell, but hope and courage. - John Murray

Advertising



Copyright 2009-2018 GVC. All rights reserved.