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bought deal |
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Bought deal Security issue in which one or two underwriters buy the entire issue. Also known as a guaranteed or fixed-price sale; opposite of a best-efforts sale.
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8 million fund units in a bought deal for US$ 8 each. Outstanding Bridge Loans to Be Retired by Proceeds from Bought Deal Financing and Secured Credit Facilities UN) announced today it and its underwriters are reconsidering the recently announced bought deal financing in light of the proposed changes to the taxation of income trusts and the ensuing impact on the capital markets. |
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