Sentence examples for underwriting offer from inspiring English sources

A draft RNS statement to the Stock Exchange was prepared to that effect, only for the underwriting offer to be withdrawn less than a week before the open offer.

Morgan will underwrite the offer and could therefore end up with a much increased shareholding.

That banking quartet could generate fees of $70m each for brokering the $14bn of debt that underwrites the offer.

In addition to Banco do Brasil's own securities arm, BTG Pactual and the local divisions of Bank of America Merrill Lynch, Citigroup and JPMorgan underwrote the offer.

A string of City and Wall Street banks underwrote the offer – essentially providing an insurance policy taken out by the government whereby the banks committed to buy any unsold shares at a pre-arranged price.

In fact, the new underwriting model offers a 54percentt lower default rate than the best-in-class industry score.

Their hope was that an institutional shareholder would underwrite the offer - ensuring that the full amount would be raised - before it was opened to all existing shareholders to see if they would invest to retain the size of their stake.

Small wonder they are reluctant to underwrite Chinese offers of friendship.

In 1999, Credit Suisse First Boston and other banks underwrote the offering; the offer price was $14 a share, the stock opened to the investing public at $21.63 and rose to $40, according to the complaint.

All the bank's existing owners would be entitled to buy their fair proportion of the new shares from Resolution, in a sort of reverse underwriting of the offer.

Together, the delay and the cutback in size are significant setbacks for China's huge privatization program and for the investment banks underwriting the China Telecom offer, Morgan Stanley, Merrill Lynch and China International Capital.