Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A float of shares where the final price is determined only after a bidding phase.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

book +‎ build

Examples

  • Investment bank Morgan Stanley was running a bookbuild Tuesday night for Ms. Rinehart, who was seeking 9.9% of the company, according to two people familiar with the matter.

    Rinehart Buys Nearly 8% of Fairfax

  • Achieving the full 9.9% of Fairfax targeted in last night's bookbuild would have lifted Ms. Rinehart's total stake to close to 15%.

    Rinehart Buys Nearly 8% of Fairfax

  • He said he expected any entitlements to part icipate in the capital raising not taken up by the three suitors or other institutional investors would find "overwhelming support" under a bookbuild process being conducted by

    Transurban Rejects Two Takeover Proposals

  • Bristol-Myers Squibb Co. But only 32% of shares in the retail part of the offer were taken up, leaving underwriter Deutsche Bank to sell the excess through a bookbuild.

    Sigma Says Dividend Is 'Unlikely'

  • Heading into the bookbuild, the pricing of deal came under public scrutiny.

    QR National IPO Raises $4.5 Billion

  • In Europe, 94% of the total equity issued this month was via an accelerated bookbuild process or "overnight" transaction, where shares are offered to institutional investors over the course of one day.

    European share issues

  • In the U.S., accelerated bookbuild deals have raised only $2.4 billion this month or 58% of the total equity raised.

    European share issues

  • In a bookbuild, the offer price is based on actual demand for shares among institutional investors.

    Wesfarmers plans share issue

  • Shares will resume trading next Monday following an institutional bookbuild and an Australian public holiday on Friday.

    Wesfarmers plans share issue

  • The offering price for the shares is expected to be determined via an accelerated bookbuild process.

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