PPT Slide

On an underwritten deal, the price is not set until the investment banker has:1. Checked investors for interest.2. Received oral commitments at a price that will virtually guarantee the success of the offering barring a market collapse.

On an underwritten deal, the price is not set until the investment banker has: 1. Checked investors for interest. 2. Received oral commitments at a price that will virtually guarantee the success of the offering barring a market collapse.