What Is an Official Statement
An Official Statement Is a Document Prepared by or on Behalf of a State or Local Government in Connection with a New Issue of Municipal Securities. in Some...
An official statement is a document prepared by or on behalf of a state or local government in connection with a new issue of municipal securities. In some respects, an official statement is comparable to a prospectus for a corporate equity or debt offering.
Who prepares the official statement?
The disclosure document prepared by a bond issuer that gives detailed financial information about the issuer and the bond offering.
What is preliminary official statement?
What is a preliminary official statement (POS)? The POS is an informational disclosure document released prior to the sale that describes the proposed new issue of bonds prior to final determination of the maturity amounts, interest rates and offering prices/yields.
Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.
