Bookbuilding-Verfahren

Substantiv

full

book building

Comparative law notes

Germany

a systematic process of generating, capturing, and recording investor demand for shares. The issuer typically appoints a major investment bank to act as a securities underwriter or bookrunner. Book building is an alternative method of making a public issue in which applications are accepted from large buyers such as financial institutions, corporations or high net-worth individuals, almost on firm allotment basis, instead of asking them to apply in public offer.