Agreement between a corporation issuing new securities and the lead underwriter of the syndicate. Makes explicit the public offering price, the underwriting spread, the net proceeds to the issuer, and the settlement date. see also agreement among underwriters.

The contract between the investment banker and the corporation, containing the final terms and prices of the issue. It is signed either on the evening before or early in the morning of the public offering date (effective date).

The underwriting agreement contains the details of the company's arrangements with the underwriters, including the type of offering (best efforts or firm commitment), the underwriters' compensation, the offering price and the number of shares or securities offered.

The document pursuant to which the underwriters of... Add a comment