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Examples
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Monday's deal, for which Morgan Stanley acted as bookrunning manager, is expected to close on Friday, Treasury said.
Treasury Announces Plans To Sell Citigroup Stock At $12 Billion Profit AP 2010
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LLC — $400 million bond issue was priced Wednesday through joint bookrunning managers Bank of America Merrill Lynch, Citigroup, J.P. Morgan and Morgan Stanley, according to a person familiar with the deal.
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Monday's deal, for which Morgan Stanley acted as bookrunning manager, is expected to close on Friday, Treasury said.
Taxpayers will make $12B on Citigroup bailout, U.S. says 2010
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This could be attributed to the fact that analysts working for the bookrunning banks have expressed a wide range of valuations, due to the difficulty in valuing a company without an existing comparable.
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The Shanghai Stock Exchange was the top exchange for initial public offerings last year, making access to the domestic underwriting market a top priority for global banks eager to get a slice of bookrunning fees.
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It is also in the process of underwriting and bookrunning the £2.2 billion stock offering for U.K. utility Centrica PLC with Goldman Sachs Group Inc. and UBS AG -- which will be the first rights issue in the U.K. in more than two months.
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Still, China's Shanghai Stock Exchange has been the world's top exchange for initial public offerings this year, making access to the domestic underwriting market a top priority for global banks eager to get a slice of bookrunning fees.
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Morgan Stanley is acting as the bookrunning manager for the offering and DNB Markets and FBR are acting as co-managers of the offering.
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The joint bookrunning managers for this offering are Citi, Morgan Stanley and Wells Fargo Securities.
unknown title 2011
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BofA Merrill Lynch are acting as joint bookrunning managers of the offering.
unknown title 2012
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