- bought deal
An investor (typically, a securities house) taking a block of shares (either a new issue or an existing holding) onto its own books with a view to trading out its position at a profit. This is a means used to issue Eurobonds.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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Bought deal — A bought deal occurs when an underwriter, such as an investment bank or a syndicate, purchases securities from an issuer before selling them to the public. The investment bank (or underwriter) acts as rather than and thus actually goes long in… … Wikipedia
Bought deal — Security issue where one or two underwriters buy the entire issue. The New York Times Financial Glossary * * * bought deal bought deal ➔ deal2 * * * Commitment from an underwriter or lead manager to purchase the whole issue of a security for… … Financial and business terms
bought deal — security issue in which one or two underwriters buy the entire issue. Also known as a guaranteed or fixed price sale; opposite of a best efforts sale. Bloomberg Financial Dictionary A means of issuing Eurobonds. The lead manager of the issuer… … Financial and business terms
bought deal — A method of raising capital for acquisitions or other purposes, used by listed companies as an alternative to a rights issue or placing. The company invites market makers or banks to bid for new shares, selling them to the highest bidder, who… … Accounting dictionary
Bought Deal — A new share issue that is bought entirely by one underwriter to resell to investors. An underwriter will only do a bought deal if it is confident there is enough demand for the shares … Investment dictionary
bought deal — 1) A method of raising capital for acquisitions or other purposes, used by listed companies as an alternative to a rights issue or placing The company invites market makers or banks to bid for new shares, selling them to the highest bidder, who… … Big dictionary of business and management
bought deal — /bɔ:t di:l/ noun a method of selling shares in a new company or selling an issue of new shares in an existing company, where securities houses guarantee to buy all the shares on offer at a fixed price … Dictionary of banking and finance
competitive bought deal — A form of underwriting agreement, generally similar to a straightforward bought deal, in which the borrower seeks simultaneous competitive quotations from a number of banks for the purchase of an entire new issue of bonds, or similar securities,… … Accounting dictionary
deal — ▪ I. deal deal 1 [diːl] verb dealt PTandPP [delt] FINANCE COMMERCE deal in something phrasal verb [transitive] if a person or company deals in a particular type … Financial and business terms
Deal or No Deal (Australian game show) — Deal or No Deal The logo for Deal or No Deal Australia Genre Game show Created by En … Wikipedia