|
Red Herring (See Chapter 26 of the Vernimmen)
In the US financial market, a "red herring" is a term designating a draft document in relation to an immediately forthcoming public issue of shares, bonds and other securities. This is in effect a draft "prospectus" handed over by the Lead manager(-s) to potential investors, in order to start gauging their Interest (the "circling process").
Red Herring (See Chapter 26 of the Vernimmen)
In the US financial market, a "red herring" is a term designating a draft document in relation to an immediately forthcoming public issue of shares, bonds and other securities. This is in effect a draft "prospectus" handed over by the Lead manager(-s) to potential investors, in order to start gauging their Interest (the "circling process").
See
all terms in the dictionary of finance
To know more about it, look at what we have already written on this subject :
 Find : Red Herring
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 60,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 130,000 copies
- And all the rest |
