Pricing: issuer may determine equity and convertible terms in consultation with lead managers or via book building. The issuer may determine the price of equity shares and, for convertible securities, the coupon rate and conversion price either in consultation with the lead manager(s) or through the book building process; where book building is used the issuer must undertake it in the prescribed manner to effect price discovery.
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Provisions expressly mentioned in the judgment/order text.
Pricing: issuer may determine equity and convertible terms in consultation with lead managers or via book building.
The issuer may determine the price of equity shares and, for convertible securities, the coupon rate and conversion price either in consultation with the lead manager(s) or through the book building process; where book building is used the issuer must undertake it in the prescribed manner to effect price discovery.
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