issuing house

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Issuing House

A bank or other financial institution that registers, distributes, and sells a security on the primary market on behalf of another company. For example, if a company wishes to make an initial public offering, it may hire an issuing house to register the IPO with the SEC and make arrangements to underwrite it. See also: Underwriter.

issuing house

a division of a MERCHANT BANK or similar organization that arranges and UNDERWRITES the issue of new STOCKS and SHARES on behalf of corporate clients, for an agreed fee. See SHARE ISSUE.

issuing house

a financial institution (often a part of a MERCHANT BANK) that arranges and underwrites the issue of new STOCKS and SHARES on behalf of corporate clients on the STOCK EXCHANGE. See SHARE ISSUE.
References in periodicals archive ?
The advantage of this public offering method is that there are many accountants, bankers, underwriters and issuing houses who are familiar with the process.
The issuing houses also look out for banks with rich experience in the business and they are comfortable with Sterling Bank based on our past experience".
The cooperation will offer not only the larger issuing houses in Europe but also smaller trading houses a cost-efficient solution to obtain quick and simple access to the top 40 brokers in Europe trading on CATS-OS.
In terms of private placement, there is the need to decide whether this has to be done on an in-house basis, by personal contacts or by issuing houses.
I21 banks and three discount houses comprise its trading member and money market instruments listing members and top SEC-registered capital market issuing Houses make up the bond listing members.
BayernLB is an international wholesale bank, conducting operations in the investment and commercial banking business, and is one of Germany's largest issuing houses.