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Initial public offering
Referring to the process of transforming a private company into a public company by selling shares of its stock to the general public for the first time on a securities exchange.
Industry: Banking
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Initial public offering
convertible/hi-yield report
Banking; Initial public offering
One of the IPOfn Money Managers/Traders Package reports that lists all Convertible debt securities and Hi-Yield securities sometimes referred to a junk bonds.
cusip number
Banking; Initial public offering
A number assigned by the Committee of Uniform Security Idenification Procedure (CUSIP) that appears on the face of all securities documents. Each security is given its own number so it can be easily ...
delivery
Banking; Initial public offering
Referring to the actual delivery of the stock certificates to the buyers as delivered from the seller. This completes the transaction.
preliminary official statement
Banking; Initial public offering
A preliminary version of the official statement, which is used to describe the proposed new issue of municipal securities prior to the setting of the rates and prices. The preliminary official ...
