Sentence examples for primary issuer from inspiring English sources
His next gig, at Go Corp. in Foster City, Calif., landed him among venture capital luminaries Vinod Khosla and John Doerr, who were on the board; Omid Kordestani, who would eventually run marketing at Google ; and Stratton Sclavos, future chief executive of VeriSign, the primary issuer of ownership certificates to websites.
Underwriting Spread Refers to the difference between the amount paid to an issuer of securities in a primary distribution and the public offering price.
The coupons are stochastic, with the quantum of coupon payments depending on a publicly traded index that is chosen to reflect the primary drivers of the revenues of the issuer of the bond.
At the moment the primary market is witnessing a protracted stand-off: issuers do not want to issue until the price makes sense and investors do not want to buy until the price has bottomed out.
To avoid issuing failure or attract enough investors to participate in the IPO subscription, the issuer transfers a part of the risks to investors in the primary market, which is similar to the conclusions in Rock's (1986) "winner's curse" model.
That issuer would then redeem the bonds.
American Express, the credit card issuer, fell 2.4 percent to $45.24.
Goldman Sachs was a comparatively small issuer, at $2.2 billion.
This paper examines the pricing of bonds with and without CACs using data for both primary and secondary market yields and finds no evidence that the presence of CACs has increased yields for either higher- or lower-rated issuers.
