underwriting agreement


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Related to underwriting agreement: underwritings

Underwriting agreement

The contract between a corporation issuing new publicly offered securities and the managing underwriter as agent for the underwriting group. Compare to agreement among underwriters.

Underwriting Agreement

A contract between the issuer of a security and a managing underwriter stating the responsibilities and rights of each party as the security is placed with investors. The underwriting agreement may state the size of the new issue, the percentage of the sale that the underwriters are allowed to keep, and whether or not it is sold on a best efforts basis, among other things. The contract helps define and avoid problems before they start.

underwriting agreement

A written contract between a company planning a public securities issue and the managing underwriter of that issue. The agreement specifies the particulars of the issue such as dates, fees, offering price, and the responsibilities of the parties. Compare agreement among underwriters.
References in periodicals archive ?
The offering is scheduled to close on Friday, March 31, 2006, subject to customary closing conditions contained in the underwriting agreement entered into between the parties.
has entered into an underwriting agreement to sell $850 million of unsecured notes consisting of $300 million of floating rate notes due April 1, 2009 bearing interest at a floating rate per year equal to three month Libor plus 0.
NASDAQ: ECBE) today announced that on March 14, 2006, it entered into an underwriting agreement for the sale of 750,000 shares of its common stock (excluding the underwriter's over allotment option) at a public offering price of $30.
Today, China Energy announced that it signed an underwriting agreement with this full service financial investment group to raise $50.
According to the terms of the underwriting agreement, Lloyd's will insure the first 36 months of each contract's term.
VANCOUVER, British Columbia -- Methanex Corporation (TSX:MX)(NASDAQ:MEOH) announced today that it has entered into an underwriting agreement with ABN AMRO Incorporated, BNP Paribas Securities Corp.
TORONTO -- Wajax Income Fund (TSX:WJX) today announced that ECL Fund Limited, a subsidiary of Empire Company Limited has entered into an underwriting agreement to sell 2.
TORONTO -- Altus Group Income Fund (the "Fund") today announced it has entered into an underwriting agreement and has filed a prospectus in each of the provinces and territories of Canada in connection with its initial public offering of 7,500,000 units at a price of $10 per unit for total gross proceeds of $75,000,000.
Liberty Bell Bank (Nasdaq:LBBB) announced that it has entered into an underwriting agreement with Janney Montgomery Scott LLC for the sale of 1,300,000 shares of common stock.
NEW YORK -- Comptroller Has No Authority to Review Contracts Relating to Underwriting Agreements, Pricing Agreements and Other Documents Related to Sales of Stock or Stock Offerings