Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Define seasoned bond
Expert Solution
Seasoned Equity Offering:
A seasoned equity offering often termed as a secondary equity offering refers to a new equity provided by a publicly traded firm. A seasoning equity offering involves shares that are sold by existing shareholders of the firm, new shares, or in some cases both. Cash offer and rights offer are two types of seasoning equity offering.
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