Designation for securities of an issuing consortium that have not yet been placed with customers; also called “floating” material. – The proportion of a company’s shares that are traded on the stock exchange (in relation to a listed company, the float refers to the shares which are not held by long-term strategic investors, but are available for trading. The float, expressed as percentage of total shares, is a key determinant of a share liquidity). – See Arranger, Syndicated loan, Syndicated risk, Second placement.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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