NISM-Series IX: Merchant Banking Certification Exam Notes
Page 37 Of 79
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Public Issue: Offer of securities to the general public.
Private Placement: Offer to a select group of investors, not the public.
Prospectus: Document detailing issuer’s financials, objectives, and risks.
Debenture: Debt instrument issued by companies, often secured.
Convertible Debenture: Debt convertible into equity shares.
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