Series 79: Distributing The Final Round Bidding Procedures Letter

Taken from our Series 79 Top-off Online Guide

Distributing the Final Round Bidding Procedures Letter

The sell-side banker finalizes the final round bidding procedures letter and distributes it to the remaining prospective buyers. Both before and after the letter is sent, the banker is frequently in contact with the buyers or with the banker’s counterparts on the buy side to answer questions, shape expectations, and attempt to create an atmosphere of competition and excitement.

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