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Prospectus: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{g}}A long document describing a deal which no-one reads, which lead managers are nonetheless convinced presents them with risk of huge liability. Also called an informatio...") |
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{{g}}A long document describing a deal which no-one reads, which lead managers are nonetheless convinced presents them with risk of huge liability. Also called an [[information memorandum]] or an [[offering circular]] | {{g}}A long document describing a deal which no-one reads, but which lead managers are nonetheless convinced presents them with risk of huge liability. Much of it accordingly comprises [[disclaimer]]s. | ||
Also called an “[[information memorandum]]” or an “[[offering circular]]”. A draft version — sometimes released for pre-marketing purposes — is called a “[[red herring]]”, on account of some red text written vertically down the margin. | |||