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Example: In preparation for a research paper, students may be asked to create a prospectus, in which they formulate a hypothesis, compile a bibliography, and plan a research schedule.
Some years ago, a friend who works on Wall Street handed me a stock-market prospectus in which a group of analysts at an investment-banking firm known as Montgomery Securities described the financial benefits to be derived from privatizing our public schools.
The Metromedia underwriting is significant not only for its size but for the chilling candor of its prospectus, in which the company frankly stated its doubts that it could muster the cash to pay off the bonds on schedule (beginning in 1988).
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The 322-page prospectus, published by TSB – in which the bank styles itself as a new challenger to the "big four" players – illustrates the close ties that will remain with Lloyds even after the share sale.
The prospectus included a trading update in which it said income for July and August was £500m lower than the same time a year ago.
While Haffa's agreement with WestLB was not legally binding, it does breach the terms outlined in a prospectus for an EM.TX share offering, in which Haffa agreed not to sell the shares for six months.
So we created the "Pathfinder Prospectus" and the "Mini Prospectus," which present the key facts for potential investors in a form accessible to nonprofessionals.
The prospectus should include a select bibliography and the names of archives in which research will be conducted.
"We are currently in negotiations with a number of interested institutional investors about a possible investment in the Company on terms which, if consummated, would be different to those described in the prospectus and which, more significantly, are likely to require as a pre-condition a comprehensive financial restructuring.
The prospectus appears to show the enormous profitability of Wall Street advisory work, in which corporations pay bankers for strategic advice related to mergers and turnaround situations.
But, says the prospectus, "Zara's in-house production model includes a closely monitored outsourced portion in which products are sewn by external workshops located primarily in Spain and Portugal.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com