The lack of a guarantee program also makes the job of the underwriter more difficult.
Note that Morgan Stanley was the lead underwriter on the Millennial IPO last March.
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Morgan Stanley was the lead underwriter of the initial public offering of Facebook shares.
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Discretion, competence and a talent for hand-holding are prized of underwriter and undertaker alike.
Deloitte's "methodology is sound, " says Mike Belko, chief underwriter at USAA Life Insurance Co.
The company began in 1974 as a family-owned underwriter specializing in ocean marine insurance.
Princeton grad, he started out as an underwriter at Progressive, which his father founded, in 1955.
In response, the underwriter lowered the yield again, with the final price settling at 2.87%.
The underwriter formally priced the 2021 bonds at 3.02%, nearly 20 basis points less (bps).
An underwriter has not approved and issued your mortgage pre-approval, your loan officer did.
Tesla has granted the underwriter a 30-day option to purchase up to an additional 651, 740 shares.
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The best evidence of this: even the usual underwriter fee was docked, reportedly to 1.1%.
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It often has to settle for being co-underwriter, when once it would have been the lead underwriter.
These processors gather, organize and confirm your information, then give your file to an underwriter for approval.
It seems he insisted Drexel be the lead underwriter on his far bigger takeover of RJR in 1989.
It was Bill Hambrecht (63 years old), gearing up to attack his old business, the 7% fee underwriter.
One classmate, now a mortgage underwriter, said Mr. Holmes didn't appear to have many friends in high school.
An underwriter is tasked with reviewing the documents submitted to support the information provided to secure mortgage approval.
Since those payments are open-ended, the potential exposure to the underwriter is huge.
But the simple fact is that warfare, not venture capital, is the greatest underwriter of technological innovation and invention.
Under the Travelers brand, the company is also a leading underwriter of homeowners and auto insurance through independent agents.
After adjusting--minutely--for climate change, Weatherbill names a price and acts as the underwriter.
Greenberg superimposed the credit default swap guarantee business on a sound insurance underwriter.
When an underwriter underprices a hot Internet offering, it is, in effect, creating a slush fund for its favored customers.
In 2006, Bear Stearns was the number one underwriter of mortgage-backed securities, with 11% of the US mortgage securities market.
The issue was priced Wednesday evening by lead underwriter Goldman Sachs (nyse: GS - news - people ).
The reason it was so cheap was that Dillon Read, the underwriter, brought it out and then walked away from it.
An underwriter is responsible for making sure that shiny loan is shiny all the way through, not just on the outside.
Silvia Fun, an analyst at CCB International, said the IPO moratorium has hurt Citic, the largest underwriter of share sales in China.
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As an underwriter for small and medium-sized businesses, this is very exciting.
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