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 nine leading issuing houses involved in the deal are Chapel Hill Denham, Zenith capital, Radex, Stanbic IBTC Bank Plc, First bank Capital, Vetiva, Skye Finance Service, AFR invest West Africa Ltd and FCMB capital.
The advantage of this public offering method is that there are many accountants, bankers, underwriters and issuing houses who are familiar with the process.
KG was founded by Tobias Konig in 1999 and is one of the leading issuing houses in Germany.
Vetiva Capital Management Limited is the Lead Issuing House, with FBN Capital Limited, FCMB Capital Markets Limited, Marina Securities, Stanbic IBTC Capital and Zenith Capital acting as Joint Issuing Houses.
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.
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".