bookrunner in A Sentence

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    it will then contact a Bookrunner or a lead manager.

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    The Bookrunner will determine the price range at which it is

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    The Bookrunner will then send out the draft prospectus to potential investors.

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    The Bookrunner will determine the price range at which it is willing to sell the stock.

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    Although bidding is by invitation, the issuer and Bookrunner retain discretion to give some bidders a greater

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    6

    Once a company determines it wants to have an IPO, it will then contact a Bookrunner or a lead manager.

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    7

    Generally, bidding is by invitation only to high-net-worth clients of the Bookrunner and, if any, lead manager, or co-manager.

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    8

    At the end of the five days, the Bookrunner determines the demand of the stock for its given price range.

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    9

    Bids may be submitted online, but the book is maintained off-market by the Bookrunner and bids are confidential to the Bookrunner.

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    10

    Although bidding is by invitation, the issuer and Bookrunner retain discretion to give some bidders a greater allocation of their bids than other investors.

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    11

    After the close of the book building period, the Bookrunner evaluates the collected bids on the basis of certain evaluation criteria and sets the final issue price.

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