Series 79: Bidding Procedures Letter

Taken from our Series 79 Top-off Online Guide

Bidding Procedures Letter

While prospective buyers are digesting and analyzing the CIM, the banker prepares an initial bidding procedures letter. This letter sets out the deadline by which a prospective buyer must submit a non-binding indication of interest (IOI) and describes in detail what information the buyer should include in the IOI. In addition to a pu

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