Glossary entry

Russian term or phrase:

Эмитент делает неограниченному кругу инвесторов приглашение делать оферты о приобретении акций и ДР

English translation:

The Issuer invites an unlimited number of persons to tender for shares and DRs

Added to glossary by David Knowles
Feb 12, 2006 16:05
18 yrs ago
Russian term

делает неограниченному кругу инвесторов приглашение делать оферты о приобретении

Russian to English Bus/Financial Investment / Securities
Варианты структуры IPO:

- не более 70 % дополнительных акций размещаются по открытой подписке за пределами РФ путем размещения ДР,
- Эмитент делает неограниченному кругу инвесторов приглашение делать оферты о приобретении акций и ДР,

- the Issuer invites (solicits?) an unlimited number of persons to make offers to buy shares and DRs?

Proposed translations

+1
14 mins
Russian term (edited): ������ �������������� ����� ���������� ���������� ����� ����� � ������������
Selected

the Issuer invites an unlimited number of persons to make offers to buy shares and DRs

DR = Depository Receipt, a way of buying shares in foreign companies without the bother of actually owning them. ADRs are the most common: American Depository Receipts

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Note added at 15 mins (2006-02-12 16:20:53 GMT)
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Peter's suggestion of "to tender for" is better than the original suggestion.

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Note added at 26 mins (2006-02-12 16:32:19 GMT)
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Good explanation of DRs here: http://www.investopedia.com/articles/03/091003.asp
Peer comment(s):

agree Sabina Metcalf
1 hr
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you, David!"
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