Closing Index
An index of all documents to be delivered at a closing and included in the closing transcript.
The date of delivery of a New Issue of Bonds, at which time the Issuer delivers the Bonds and the requisite legal documents to the Underwriter or other Bond purchaser in exchange for the purchase price.
An index of all documents to be delivered at a closing and included in the closing transcript.
A narrative form of, or adjunct to, the closing index describing the participants, their roles in the financing, flow of funds on the date of the closing, closing instructions and the documents for which the transaction participants are responsible.
The final record of all executed documents delivered at the closing or shortly thereafter as a bound transcript or in electronic form.
The difference between the amount an underwriter pays the issuer for the bonds at the closing (i.e., the purchase price) and the price at which the underwriter sells the bonds to the public (i.e., the issue price).