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what is “greensheet”?

greensheet
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what is “greensheet”?

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Category: glossary , Asked by: X. D. From United Kingdom A: An information circular prepared by an underwriter that summarizes the main components of a new issue’s prospectus. A greensheet contains both advantages and disadvantages of a new issue so salespeople can attempt to solicit the issue to the public. A greensheet is created solely for the use of the employees of the underwriting firm.

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