In addition to their traditional roles of advising utilities about securities that will appeal to investors and providing risk-bearing services in connection with marketing and distribution of long-term debt, investment banking firms are now aiding many utilities with postsale strategic financial planning. This article defines and explains the part investment banking firms play in both roles. Includes tables.
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Edition: Vol. 74 - No. 9 Published: 09/01/1982 Number of Pages: 6File Size: 1 file , 1.6 MB