official statement

Englisch - Englisch

Definition von official statement im Englisch Englisch wörterbuch: A document prepared for a new municipal issue by or for the issuer It describes the issue, financial details about the issuer and other relevant facts; A statement published by an issuer of a new municipal security describing itself and the issue; ~ The only document held out as containing all pertinent facts and details of a new issue of bonds A copy of the Official Statement must be sent to all purchasers of new municipal bond issues Until all details of a new issue are set a Preliminary Official Statement, or Red Herring, is printed and distributed to potential investors; A document prepared by the issuer or the underlying borrower containing detailed information about the security being offered, the issuer, the obligor and the security pledge for payment of the issue It is similar to a prospectus in a corporate transaction; Document prepared by or for the issuer that gives in detail the security and financial information about the issue; ~ The only document held out as containing all pertinent facts and details of a new issue of bonds A copy of the Official Statement must be sent to all purchasers of new municipal bond issues Until all details of a new issue are set a Preliminary Official Statement, or Red Herring, is printed and distributed to potential investors; A document published by a bond issuer which generally discloses material information on a new issue of municipal securities including the purposes of the issue, how the securities will be repaid, and the financial, economic, and social characteristics of the issuer Investors may use this information to evaluate the credit of the securities; Document prepared by or for the issuer that gives in detail security and financial information about the issue