only half of the proceeds from the IPO will go towards paying down the some of the current £423 million pound debt burden
short for initial public offering
Example sentencesExamples
- I was convinced that the IPO stock was being distributed to the wrong investors.
- In September 1998 the planned IPO was scuttled at the last minute.
- He was unable to turn the company's high-flying plans into a successful IPO.
- To entrepreneurs, IPOs offer the promise of funding for their businesses and rewards for their hard work.
- How can we raise a hundred million in an IPO?