Exchange Offer Notification

From Open Risk Manual

Definition

Exchange Offer Notification. Notification of an offer to shareholders to exchange their holdings for other securities and/or cash. Exchange offers are usually voluntary.

Full SWIFT Definition text: "Exchange offer; Capital reorganisation. Offer to shareholders to exchange their holdings for other securities and/or cash. Exchange offers are usually voluntary."

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.