NOUN
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an offering of common stock to existing shareholders who hold subscription rights or pre-emptive rights that entitle them to buy newly issued shares at a discount from the price at which they will be offered to the public later
the investment banker who handles a rights offering usually agrees to buy any shares not bought by shareholders
How To Use rights offering In A Sentence
- the investment banker who handles a rights offering usually agrees to buy any shares not bought by shareholders
- But Huang's participation in the rights offering kept his stake from being diluted.
- Along those lines, cable company Charter Communications Inc said on Friday it filed for a prearranged bankruptcy in which its debt restructuring will include a rights offering for certain bondholders.
- The refinancing of listed companies or seasoned equity offerings are comprised of rights offering, additional share issuing, convertible bonds and equity warrant bond which was introduced in 2006.
