IPOs and Equity Offerings

Ross Geddes (Author)

9780750655385

Hardback, published 6 June 2003

272 pages, Approx. 100 illustrations
23.4 x 16.5 x 2.2 cm, 0.58 kg

An initial public offering (IPO) is one of the most significant events in corporate life. It follows months, even years of preparation. During the boom years of the late 1990s bull market, IPOs of growth companies captured the imagination and pocketbooks of investors like never before. This book goes behind the scenes to examine the process of an offering from the decision to go public to the procedures of a subsequent equity offering. The book is written from the perspective of an experienced investment banker describing the hows and whys of IPOs and subsequent equity issues. Each aspect of an IPO is illustrated with plenty of international examples pitched alongside relevant academic research to offer a combination of theoretical rigour and practical application. Topics covered are: - the decision to go public- legal and regulatory aspects of an offering; marketing and research- valuation and pricing- allocations of shares to investors - examination of fees and commissions

The decision to go public
The players
The offering process, Part I
The offering process, Part II
Determining the value of an IPO company
Documentation and due diligence
UK offerings
US offerings
Marketing new issues
Syndication and fees
Allocation, stabilization, and lock-ups
Secondary offerings
References.

Subject Areas: Budgeting & financial management [KJMV1], Investment & securities [KFFM], Banking [KFFK]