Accelerated Bookbuild

Definition:

An offering of shares over a short time period and generally used in conjunction with a Placing or Private Placement. An Accelerated Bookbuild is often used when a company is in immediate need of financing and debt financing is not an option (this can be the case when a company is looking to make an offer to acquire another company). Sometimes the term “Accelerated Bookbuilds” is used interchangeably with “Block Trades,” but Block Trades are generally offerings conducted by Selling Shareholders. 

Return to Glossary