Bought Deal
Bought Deal definition :
Security issue in which one or two underwriters buy the entire issue. Also known as a guaranteed or fixed-price sale; opposite of a best-efforts sale.
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Bought deal
security issue where one or two underwriters buy the entire issue. ...
BOUGHT DEAL
Firstly introduced in 1981 in the Eurobond Market when General Motors Acceptance Corporation sold to Credit Suisse First Boston a $100 million issue without the traditional syndication process, ...
bought deal
in securities underwriting, a firm commitment to purchase an entire issue outright from the issuing company.
Bought Deal
An entire issue of new stocks or bonds purchased by an investment dealer from the issuer, for resale to its clients. The investment dealer is responsible for any losses if the price of the issue is lowered in order to sell the securities.
bought deal
A firm commitment by the underwriter of a secondary offering to buy the entire share issue from the issuing company, and then re-sell the shares to investors. Also called firm commitment undertaking.
Bought deal: A new issue of stocks or bonds bought from the issuer by an investment dealer, acting alone or with other dealers, for resale to clients. The dealer(s) risks its own capital in the deal in a bid to make higher profits.
Bought deal
A firm commitment to purchase an entire new issue, irrespective of the sale of the securities by the lead managers to investors. Differs from best efforts where no commitment to purchase exists.
Bought Deal
A new issue of stocks or bonds bought from the issuer by an investment dealer, frequently acting alone, for resale to its clients, usually by way of a private placement or short form prospectus.
Bought Deal
A new share issue that is bought entirely by one underwriter to resell to investors.
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Bought DealExpand/Collapse
An entire issue of new stocks or bonds bought from the issuer by an investment dealer, frequently acting alone, for resale to its clients.
Bought Deal
In Canadian investment banking parlance, an underwriting using the prompt offer prospectus (POP) system. The rapidity with which a bought deal can be brought to market has made it the preferred route for listed firms.
As opposed to a guaranteed or fixed-price sale or bought deal, in which the underwriter agrees to sell a specific number of shares (and holds any unsold shares in its own account if necessary).
Bought Deal
The purchase of new shares by an underwriter who subsequently attempts to resell to the market for a profit....(Read more)
Bourse
A French or continental European stock exchange....(Read more)
Box Spread ...
See also: Best Efforts, Bought Deal, Committed Facility, Competitive Bid, Dealer, IPO, Negotiated Underwriting, Standby Underwriting, Underwriting
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Firm commitment underwriting
Revolving line of credit ...
Strictly speaking, underwrite is properly used only in a Firm Commitment underwriting, also known as a Bought Deal, where the securities are purchased outright from the issuer.
Initial public offerings
Follow-on offerings
PIPEs (private investment in public equity)
Registered direct offerings
Bought deals
Equity lines of credit
Convertible and debt refinancings ...
The fact that the shares are being issued at only a very small discount to the recent trading price seems positive. And it is a bought deal, TD must be confident that they can sell this at $13.65.
which he or she believes will trend up in the future. Bottom-up equity management style
A management style that de-emphasizes the significance of economic and market cycles, focusing instead on the analysis of individual stocks.
Bought deal ...
bought deal An offering in which the underwriter (or syndicate) purchases all the shares... bounce A quick, moderate rise in the price of a stock following a precipitous decline. Also known as dead cat bounce.
 See also: Expense, Business plan, Managing underwriter, Banks, Investment banking
  
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