agreement among underwriters
document forming syndicate of underwriters a document which forms a syndicate of underwriters, linking them to the issuer of a new stock issue
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document forming syndicate of underwriters a document which forms a syndicate of underwriters, linking them to the issuer of a new stock issue
The board of a firm planning to launch an IPO will first meet with potential candidates for underwriters among investment banks and then select the lead underwriter. The choice of underwriter is based on criteria that include: a preliminary valuation of the firm based on its financial information; and the characteristics of the underwriter, such as previous IPO experience, strengths and weaknesses, client network, research capabilities, and support for post-IPO issues
By Hung-Gay Fung
after the profit warning. A price cut mid-offer is extremely rare, but without it the underwriters would have been left holding much of the issue at a loss, and they might have sought to escape their obligations by invoking the “material adverse change” clause in the underwriting agreement.
By Seth Armitage
agreements, including credit default swaps, from CFTC regulation.
By Eric R. Dinallo
precedents, and provides concrete suggestions of what to bear in mind when drafting shariah-compliant agreements and capital market documents. It concludes with some reflections on whether it makes sense to set up specialized dispute review bodies for Islamic financing transactions.
By Kilian Bälz
Definitions of ’agreement among underwriters’ and meaning of ’agreement among underwriters’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’agreement among underwriters’ and other financial terms with our online QFINANCE Financial Dictionary.