Book building is a process through which demand for and the price of a newly issued security are determined.
Based on the results of the underwriter’s book building, USRC expects to raise about USD 500 million from its IPO.
Book building is used by underwriters in preparing an initial public offering (IPO). The price is determined on the basis of non-binding offers from select institutional investors who declare how many securities they would like to purchase and at what price. Other alternatives used to determine the price of new securities include the fixed price method or a combination of the fixed price method and book building.
Bookbuilding je proces, kterým se stanoví poptávka a cena nově vydaného cenného papíru.
Na základě výsledků bookbuildingu upisovatele společnost USRC očekává, že svou primární emisí získá přibližně 500 milionů dolarů.
Bookbuilding provádějí upisovatelé v rámci přípravy primární emise akcií. Cena je stanovena na základě nezávazných nabídek vybraných institucionálních investorů, kteří oznámí, kolik cenných papírů by chtěli koupit a za jakou cenu. Mezi další alternativy používané pro stanovení ceny nových cenných papírů patří metoda fixní ceny nebo kombinace metody fixní ceny a bookbuildingu.
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