Bought deal
id:
bought-deal-0-12545373
title:
Bought deal
text:
A bought deal is financial underwriting contract often associated with an initial public offering or public offering. It occurs when an underwriter, such as an investment bank or a syndicate, purchases securities from an issuer before a preliminary prospectus is filed. The underwriter acts as principal rather than agent and thus actually "goes long" in the security. The bank negotiates a price with the issuer. The advantage of the bought deal from the issuer's perspective is that they do not hav
brand slug:
wiki
category slug:
encyclopedia
description:
Financial underwriting contract
original url:
https://en.wikipedia.org/wiki/Bought_deal
date created:
date modified:
2021-01-28T17:38:13Z
main entity:
{"identifier":"Q4949414","url":"https://www.wikidata.org/entity/Q4949414"}
image:
fields total:
13
integrity:
14