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Often there's no prospectus for an ADR offering until a few weeks before listing, giving new-issue hunters minimal time to do their homework.
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Another banker pointed out that no bank was consulted on how to value CIT before Tyco filed a prospectus for the offering with the Securities and Exchange Commission yesterday and, unusually, no bank has officially been hired to lead the offering.
But there was no discussion of the stumbling American market in the prospectus for the offering.
The prospectus for an initial public offering offered no information about how much of the company will be made available to investors or the share value.
IT IS an unusual prospectus for a new fund.
"How would you write a prospectus for it?
The prospectus for that will not be a page-turner.
That at least is the official prospectus for 2020.
The prospectus for the deal MBIA insured did have plenty of warnings.
He sat down at his desk to work out a prospectus for the mogul's son.
In the fall of 1924, he wrote a prospectus for The New Yorker.
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