For those concerned about time frames in relation to responses, I heard back from Macfarlanes on the 18th December, Baker McKenzie on the 14th Jan, and CMS this morning regarding ACs.
For those wondering whether to apply on deadline day, I'd definitely recommend applying. All of my successful applications last year were last minute (10-11pm) applications (terrible time management I know). So it's definitely worth a shot. (But try not to do this it's very stressful)
The goal of the underwriters is to sell the shares as close to the offer price as possible and avoid price volatility for the issuing company. Let's say that (x) = size of the share offering.
Underwriters are allowed to sell an additional allocation (y) of the offering size. If they see that...
I would say that the Greenshoe option is an agreement between the issuer and the underwriter rather than between between issuer and investor since it's contained in the underwriting agreement between the issuer and the investment bank underwriter. So it would be immediately relevant for the...
I was wondering how many times should you re-apply to the same firm? Just got my rejection from Weil for the 4th time (1st year scheme, brand ambassador after telephone interview, last year's vac scheme, now this year's vac scheme)
Just heard back from CC this afternoon, said that I was not invited for a VS AC as too were only 30 spots on the VS, but because they thought my application was ''great" they put it in the TC app pile. Did anyone receive something similar?
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