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bought deal |
Also found in: Wikipedia | 0.03 sec. |
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Bought Deal A new share issue that is bought entirely by one underwriter to resell to investors. Notes: An underwriter will only do a bought deal if it is confident there is enough demand for the shares.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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? Mentioned in | ? References in periodicals archive | |
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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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