Sunday, January 7, 2007

Data on Income Trust IPOs by Banks

Bloomberg, Doug Alexander and Sean B. Pasternak, 8 January 2007..... The trusts also were lucrative for investment banks. Underwriters charge fees of about 5 percent for trust sales, compared with about 4 percent for common-stock offerings, said Sante Corona, head of equity capital markets at Toronto-based TD Securities.Alaris, which owns stakes in companies including realtor Century 21 Canada

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