Comment by
Pete57 on Nov 07, 2016 8:55pm
It think there won't by any repricing since it's a bought-deal. They explain this better than me: https://www.investopedia.com/terms/b/boughtdeal.asp
Comment by
pitbul13 on Nov 09, 2016 5:07pm
Even in a bought deal, the underwriters can do what is typically called a clean-up sale, where they will sell the shares at a discount to the offering price in order to get it off their books. Obviously NAPEC would still get them same amount of $$, but this allows the underwriters to reduce their liability.