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词汇 vendor placing
释义

Definition of vendor placing in English:

vendor placing

noun
mass nounFinance
  • A type of placing used as a method of financing a takeover in which the purchasing company issues its own shares as payment to the company being bought, with the prearranged agreement that these shares are then placed with investors in exchange for cash.

    〔财政〕为收购发行股票募资(收购方发行本公司股票支付给被收购公司,但事先约定此股票将售给投资者变现)

    Example sentencesExamples
    • Details of the vendor placing are set out below under the heading ‘Vendor and Cash Placings’.
    • A vendor placing enables the parties to resolve this problem.
    • The amount payable was estimated to be in the range of R120-million, subject to the final pricing achieved for the vendor placing.
    • The vendor placing has been fully underwritten at 33p per share by Numis Securities, nominated adviser and stockbroker to Cozart.

Definition of vendor placing in US English:

vendor placing

noun
Finance
  • A type of placing used as a method of financing a takeover in which the purchasing company issues its own shares as payment to the company being bought, with the prearranged agreement that these shares are then placed with investors in exchange for cash.

    〔财政〕为收购发行股票募资(收购方发行本公司股票支付给被收购公司,但事先约定此股票将售给投资者变现)

    Example sentencesExamples
    • The vendor placing has been fully underwritten at 33p per share by Numis Securities, nominated adviser and stockbroker to Cozart.
    • Details of the vendor placing are set out below under the heading ‘Vendor and Cash Placings’.
    • A vendor placing enables the parties to resolve this problem.
    • The amount payable was estimated to be in the range of R120-million, subject to the final pricing achieved for the vendor placing.
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