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Firm commitment underwriting |
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Firm commitment underwriting An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares. |
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? Mentioned in | ? References in periodicals archive | |
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announced Monday it has entered into a firm commitment underwriting agreement for the sale of 25 million shares of MGM common stock at a price of $10. NYSE:CKH)("SEACOR") announced today that it has entered into a firm commitment underwriting agreement with Morgan Stanley & Co. The underwriters have agreed with Tier and the selling shareholders to conduct this offering as a firm commitment underwriting. |
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