Issuer Formal Offer

From Open Risk Manual

Definition

Issuer Formal Offer. An action in which the issuer of the security makes a formal offer.

Encompasses Exchange Offer and Repurchase Offer. Note that there are also offers made by third parties. These do not come under this term.

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.