Question
What is the term used to describe the issuance of
securities, whether debt or equity, to a select group of investors such as banks, mutual funds, high net worth individuals, and financial institutions?Solution
Private placement is issuance of securities, debt or equity, to a limited number of subscribers, such as banks, FIs, MFs and high net worth individuals. Private Placement is arranged through a merchant/investment banker, who brings together the issuer and the investor(s). In order to enhance transparency and increased disclosures, listed companies should disclose the utilization of proceeds raised through preferential issuance and qualified institutional placements in their annual reports. Currently, such disclosure is only required in case of public issuance.
After working continuously for almost 10 hours , our boss finally ‘ asked it a day’ .
Select the sentence that has no spelling errors.
He pointed out that (1) / there was none (2) / alligation against (3) / the Chief Minister for (4) / the state (5).
I had to (A)/call for (B)/all my strength (C)/to finish the marathon (D).
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In the context of an increasingly competitive global market, the company’s reliance on outdated technology not only hampers its productivity but also ...
The fuel crisis is the immediate cause, (A)/and whether that will run and run (B)/or fade away as fast as it (C)/gave up is for the moment hard to say ...
Identify the segment in the sentence that contains a grammatical error.
Let me know if you need/ a further information about the programme / that...
Even small oysters can produce reasonably large pearls, although the older and larger the shell, the great the chance of finding a good-sized pearl.
The burglar stole all the money(A)/ in the house but surprisingly missed(B)/ the jewelleries in the locker.(C)/ No error(D)
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