A scheme may make underwriting costs (particularly in relation to a cash underwritten alternative) prohibitively expensive.

A cash underwritten alternative may also result in lower underwriting costs.

It should be noted that a cash underwritten alternative may result in lower underwriting costs than a rights issue (see para 5.6 above).

Until then, offerings came to market with hefty underwriting costs built into their share prices, creating immediate premiums.

At the midpoint, the firm would raise $3.8 billion after underwriting costs.

Until now, new offerings of closed-end funds came to market with hefty underwriting costs built into their share prices.

Occasionally, rather than face the underwriting costs, purchasers may make the rights issue at a deep discount.

The underwriting cost soon went up to HK$100 million.

Another advantage of competitive bidding is that it tends to yield lower underwriting costs than negotiated deals do.

Buyers of newer issues have been hit especially hard because those issues came to market with hefty underwriting costs built into their share prices.