book building

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Book Building

The process of canvassing potential investors for interest in a new issue of a security, especially before the SEC has approved the issue. Building a book allows a syndicate to have a rough idea of the demand for the new issue, which may affect its price when it is actually issued. See also: Overbooked, Underbooked, Fully booked.

book building

Solicitation of tentative interest from likely institutional and individual investors by the investment banking syndicate of a new security issue before the offering has been approved by the Securities and Exchange Commission.
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The issue price will be set on the basis of a bookbuilding process and the first listing in the regulated market segment (Prime Standard) of the Frankfurt Stock Exchange is planned for October 2.
The Bookrunners will commence a bookbuilding process in respect of the Placing ("Bookbuild ").
The final price per share will be determined on the basis of a bookbuilding process.
The price of the Egyptian Offer has been determined via a bookbuilding process with qualified institutional investors and high net worth individuals who are clients of the Global Coordinator or the Joint Bookrunners.
As per key features of the recommended structure, the strike price shall be determined via the Dutch Auction Method as envisaged in KSE Book Building system and the floor price as approved by the CCOP and the PC Board will be notified prior to the Bookbuilding exercise, planned for December 1112, 2014.
Most banks use Ipreo's market-leading bookbuilding system, IssueBook, to fully integrate to IssueNet, but some banks have also integrated their own proprietary bookbuilding systems.
Dubai-based oil rig supplier Shelf Drilling has cancelled its London initial public offer of shares in an unsurprising move given the lack of any messaging on subscription levels or price guidance during bookbuilding.
The bookbuilding, offer and subscription period will begin on September 24 and end on October 8, 2013.
Brazilian low-cost airline operator GOL Linhas Aereas Inteligentes SA (BM&FBOVESPA: GOLL4) (NYSE: GOL) said that on April 25 the bookbuilding process regarding the primary public offering of common shares issued by its frequent flyer programme subsidiary Smiles SA was concluded.
Summary: Order books fully covered on first day -- sources; Bookbuilding on mega-float due to stay open until May 18; Glencore offering shares at 480-580 pence each
The bookbuilding procedure began today and the pricing should be completed later on Thursday.
For the first time in Oman, the company has exercised bookbuilding process for determining the price for the share offer.