Series 53: 4.2.4.3. Tombstone Ads

Taken from our Series 53 Online Guide

4.2.4.3. Tombstone Ads

The lead underwriter will place a tombstone ad in various business publications announcing the sale, including:

Terms of the bonds

Interest rates and reoffering scale

Bond ratings

Names of the members of the syndicate

It is called a tombstone ad because

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