What Is A Tombstone In Investment Banking?

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The tombstone describes the forms of securities that are provided, the date they are available, the number of shares or bonds to be bought, and the way the securities may be bought. If a brand new debt safety receives a credit standing, that rating can be included in the tombstone. A prospectus goes into nice detail a couple of firm’s marketing, production, and gross sales process, and it explains why the corporate is raising more capital.