book building

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Book Building

The process of canvassing potential investors for interest in a new issue of a security, especially before the SEC has approved the issue. Building a book allows a syndicate to have a rough idea of the demand for the new issue, which may affect its price when it is actually issued. See also: Overbooked, Underbooked, Fully booked.

book building

Solicitation of tentative interest from likely institutional and individual investors by the investment banking syndicate of a new security issue before the offering has been approved by the Securities and Exchange Commission.
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The offer price and final number of shares sold will be determined by Royal Philips at the conclusion of the bookbuilding process and will be announced by Royal Philips and Philips Lighting in separate press releases.
Reportedly, Tryg will finance the transaction by issuing up to 10% of current shares outstanding in an equity placing through an accelerated bookbuilding and a Tier 1 issue of DKK500m.
The shares were sold via institutional private placements with qualified investors by way of an accelerated bookbuilding.
NEI has agreed to a 60-day lock-up period from yesterday, subject to waiver with the prior written consent of a certain manager conducting the bookbuilding process and to certain customary exceptions.
The Private Placement took place through a bookbuilding process managed by ABG Sundal Collier ASA, DNB Markets and Pareto Securities as Joint Bookrunners.
The pricing of the Egyptian Offer will be determined via a bookbuilding process with qualified institutional investors.
Bookbuilding was done Wednesday night with the help of investment banks UBS and CLSA.
Dubai-based oil rig supplier Shelf Drilling has cancelled its London initial public offer of shares in an unsurprising move given the lack of any messaging on subscription levels or price guidance during bookbuilding.
The placement of 8,629,385 new shares took place via an accelerated bookbuilding procedure with domestic and international investors.
25) apiece with qualified investors through an accelerated bookbuilding procedure.
Summary: Order books fully covered on first day -- sources; Bookbuilding on mega-float due to stay open until May 18; Glencore offering shares at 480-580 pence each
50 per new share after the expiry of the subscription and offer Period and the completion of the bookbuilding process.