What does book building mean?
Book building means Making an initial public offering (IPO) by means of a bookbuild; the process of setting the initial price of an IPO based on preliminary bids by potential investors..
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Pronunciation varies by accent · noun
Making an initial public offering (IPO) by means of a bookbuild; the process of setting the initial price of an IPO based on preliminary bids by potential investors..
Bookbuilding, the dominant offering mechanism for IPOs in the U.S. and other markets, is controversial because of the power it gives underwriters over IPO allocations.
The bookbuilding procedure for selling initial public offerings (IPO) to investors has captured significant market share from auction alternatives in recent years, despite the significantly lower costs related to the auction mechanism in terms of direct fees and initial underpricing.
This can entail additional sell-downs by controlling investors, marketed primary or secondary equity offerings, rights issues, block trades, accelerated bookbuildings, convertible bond or exchangeable bond issues, monetizing property assets through REITs or other assets through the listing of business trusts, dedicated funds, or wholesale private placements.
Use book building when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Book building means Making an initial public offering (IPO) by means of a bookbuild; the process of setting the initial price of an IPO based on preliminary bids by potential investors..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
Bookbuilding, the dominant offering mechanism for IPOs in the U.S. and other markets, is controversial because of the power it gives underwriters over IPO allocations.
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