Excel Invest, in coordination with the mother company (Bank of Jordan), provides the following service:
Issuance manager activities encompass issuing securities and marketing them on behalf of the issuer. This covers preparing the prospectus, and the studies and procedures needed for the issuance, registration, and coverage of the securities, through undertaking the following:
- Due diligence: a thorough due diligence review needs to be conducted in order to attract investors for the stocks on offer without giving any assurance or commitment pertaining to the sale of certain volume of securities that will be issued.
- Underwriting: due diligence is required to attract buyers for the stocks on offer with a pledge to purchase a portion of or all the securities issued at a predetermined price. This will be in accordance with the underwriting agreement concluded between and the issuer.