Underwriting fee


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Underwriting fee

The portion of the gross underwriting spread that compensates the securities firms that underwrite a public offering for their services.

Underwriting Fee

The compensation that an underwriter receives for placing a new issue with investors. It is calculated as a discount from the price of the new issue. For example, an issuer may sell the underwriter a bond at $990 per bond. The underwriter will then place the issue at $1,000, allowing it to make a $10 profit. This profit is the underwriting fee. It is also called a concession.
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Allotment Option 1995 3 0 2 1 1 1996 17 9 10 16 14 1997 7 5 7 5 4 1998 13 12 18 7 11 1999 13 10 14 9 6 2000 5 11 9 7 11 2001 9 7 9 7 8 2002 12 6 11 7 3 2003 15 3 13 5 6 2004 11 5 9 7 8 2005 11 1 8 4 3 2006 15 2 10 7 9 2007 15 3 9 9 13 2008 2 0 0 2 0 Panel B: Pre-SOX period May 1995- Dec 2001 67 54 69 52 55 Panel C: Post-SOX period Jan 2003- July 2008 69 14 49 34 39 Mean fee (%) is the underwriting fee (spread) as a percent of the total or gross proceeds.
Alternative Hypothesis 1: The ABS market has shown rapid growth in market size between 1999 through 2006 which may attract more underwriters to the market willing to accept lower underwriting fee and thereby accepting higher internal costs to capture business.
The gross spread is divided into a management fee, an underwriting fee, and a selling concession.
4 million, a 1 per cent increase year-on-year, while equity capital markets underwriting fees rose 32 per cent to a ten-year high of $71 million.
Equity capital markets underwriting fees totalled $37 million, down two per cent from the first three months of 2014, while fees from debt capital markets underwriting declined 12 per cent year-on-year to $19.
CONTRACT REFERENCE to the pension fund, including securities underwriting fee and related activities carried out (including the securities settlements) in accordance with the Estonian Central Register of Securities Act.
Profitable underwriting performance, combined with solid investment income and underwriting fee income, has improved the group's capital position.
Lazard topped the Middle-Eastern completed M&A fee league table, while Qatar National Bank was first in the ECM underwriting fee rankings.
HSBC topped both the completed M&A and the ECM underwriting fee rankings, while Nomura was first for DCM underwriting.
Total fees listed above include but are not limited to: Origination Fee, Discount Points, Appraisal Fee, Title Insurance and Related Charges, Escrow/Lender Attorney Fee, Survey Fees, Flood Certification Fee, Credit Report Fee, Tax Service Fee, Underwriting Fee, Processing Fee, Recording Fees, Notary Fee, and Administration Fees.
1875 percent of the size of the rights issue, while the underwriting fee is 3.
HSBC topped the Middle Eastern completed M&A fee league table, as well as both the DCM and Loans underwriting fee rankings.