Your English writing platform
Discover LudwigSuggestions(1)
Exact(18)
Its underwriting fee: $17.4 million.
The £15m, or 4%, underwriting fee on the rights issue is bad enough.
National City made money at both ends: a hefty underwriting fee, and then hefty sales commissions (and a sizable markup).
This is what made underwriting so profitable for the banks: It wasn't the 7percentt underwriting fee but the commissions.
They've insisted on a massive 61 per cent discount for the new shares on the undisturbed market price, and still they are taking their underwriting fee.
It is expected to pay its banks an underwriting fee of just 3.25 percent of proceeds raised, according to another person briefed on the arrangement.
Similar(42)
The company had planned to float in Europe, where competition between big global underwriters and local banks means that underwriting fees for deals of a similar size are 1 percent to 2 percent.
There are no underwriting fees, for instance.
So far, issuers have spent nearly $700 million on underwriting fees.
"Are these underwriting fees larger than the underwriting fees that Goldman Sachs has charged on tax-exempt bond issuances?" he asked.
The underwriting fees on Build America Bonds have typically been lower than corporate bond underwriting fees, even when the program first started.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com