Non-deal roadshow: Difference between revisions

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==Other resource==
==Other resource==
*[https://www.treasurers.org/hub/treasurer-magazine/act-doty23-bonds-above-750m In a strong field of submissions, British American Tobacco’s $5bn bond issuance stood out for its timing, the order book and multi-tranche structure]
*[https://www.treasurers.org/hub/treasurer-magazine/act-doty23-bonds-above-750m ACT Deals of the Year Awards 2023: Bonds above £750m winner - BAT]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]

Latest revision as of 08:21, 29 March 2024

Capital - issuance - investors - roadshows.

(NDR).

In the context of capital issuance, a non-deal roadshow is a series of meetings between the senior management of an organisation, and potential future institutional investors, in which the organisation is not immediately issuing securities.

Rather, the purpose of the non-deal roadshow is to inform potential investors about the organisation's progress and plans.

One of the benefits of non-deal roadshows is to enable any future issuance to be made on a foundation of existing investor knowledge and potential interest, which may lead to a more rapid process when the time comes.


BAT's bond issuance preparations
"On 31 July 2023, after 18 months’ preparation including non-deal roadshows and internal stakeholder engagement, and following the release of BAT’s half-year results, the company launched a new USD benchmark five tranche transaction, ahead of an expected busy post-Labor Day issuance period."
ACT Deals of the Year Awards 2023: Bonds above £750m winner.


See also


Other resource