Negotiated Underwriting
外汇网2021-06-19 14:06:15
175
A process in which both the purchase price and the offering price for a new issue are negotiated between the issuer and a single underwriter.
Taobiz explains Negotiated Underwriting
The underwriter pays the issuer a purchase price, and the public pays the offering price. The spad between the purchase price and the public offering price repsents the proceeds to the underwriter.
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