Troubleshooting
I can't view a prospectus.
Printing a prospectus is slow.

GENERAL QUESTIONS
What is a prospectus?
A prospectus is a document that describes the terms and conditions of a particular securities offering. There are 3 general types of securities offerings: municipal bonds, taxable bonds, and equity offerings.

What is the difference between a preliminary and final prospectus?
A preliminary prospectus is made available to potential investors before a securities offering is priced, or finalized. This document typically contains preliminary pricing information and is also referred to as a Red Herring due to the red disclaimer language that appears sideways on the cover. A final prospectus is made available to investors after a securities offering is priced, or finalized. This document contains final pricing information and is also referred to as a Black due to the lack of red disclaimer language on the cover. For municipal bond offerings, the prospectus is known as the Official Statement or OS. For certain securities offerings, the prospectus may be called an Offering Memorandum or Private Placement Memorandum.

What is required to view a prospectus?
Adobe Acrobat Reader is required to download, view and print prospectuses. If you do not have Adobe Acrobat, click here to download this software for free, including installation instructions.

I'm looking for a specific prospectus. Why can't I find it?
The only prospectuses available on our website are those produced by Ipreo i-Prospectus. For a more complete list of prospectuses for taxable bonds and equity offerings, we recommend Ipreo ProspectusDirect. For a more complete list of official statements for municipal bond offerings, we recommend MuniStatements.com

What do the various document abbreviations mean?
Following are the most common document abbreviations used on our website:

Prelim - Preliminary Prospectus
Final - Final Prospectus
NOS - Notice of Sale
Rmktg - Remarketing Circular
Bid - Bid Form
Fincl - Financial Statements

SERVICE-RELATED QUESTIONS
What is Ipreo i-Prospectus?
Ipreo i-Prospectus produces and delivers electronic and printed copies of prospectuses for securities offerings. Since the SEC authorized electronic delivery of prospectuses as a replacement to delivering printed copies, Ipreo i-Prospectus has become the industry standard for electronic prospectus delivery. By printing copies only when required or requested, Ipreo i-Prospectus can dramatically cut printing and delivery costs for prospectuses.

Why should I use Ipreo i-Prospectus?
There are a number of reasons to use Ipreo i-Prospectus - we've included a few most commonly cited by our clients. Institutional investors get access to a prospectus within hours of its release by legal counsel. By reducing the turnaround time for prospectuses, many underwriters have been able to price bond offerings a day sooner than they would have with a traditional financial printer. Our proprietary electronic prospectus delivery platform will tell you who accesses each prospectus in real-time. More and more institutional investors prefer electronic prospectuses over paper copies. If your offering includes a roadshow, we can include a link to the roadshow along with the preliminary prospectus. As part of our service, we'll get email addresses for your institutional clients if you don't have them. We'll even take care of the printing - our professionally printed copies are perfect bound with color covers. No one will know you're using a vendor - delivery can be customized to promote the underwriter or issuer. Best of all, your issuer will realize significant cost savings over a traditional financial printer.

How does Ipreo i-Prospectus work?
Cost savings are maximized when Ipreo i-Prospectus takes the place of your traditional financial printer. If you prefer to use a traditional financial printer, we will work with your printer to ensure timeliness. Ipreo i-Prospectus has relationships with all of the major financial printers. Following is the process for a Preliminary Official Statement for a typical municipal bond negotiated offering:

1) Underwriter provides Ipreo with investor list.
2) Ipreo obtains email addresses for most investors by matching against its proprietary contact database.
3) Ipreo obtains remaining email addresses by contacting investors directly via phone.
4) Issuer sends financial statements to Ipreo in paper format (or electronic format if available.)
5) Ipreo scans financial statements and converts to PDF format.
6) Bond counsel sends certain appendixes to Ipreo via email when finalized.
7) Underwriter's counsel sends remaining sections of POS to Ipreo via email when finalized.
8) Ipreo assembles document and converts to a single PDF file.
9) Ipreo sends POS via email to review group for approval.
10) Upon approval, POS is sent via email to the investor list.
11) Underwriter can now access the investor feedback report for investor download information.
12) POS is posted on Ipreo i-Prospectus' website.
13) Any paper copies are printed and sent within 24 hours.

What are the SEC requirements regarding prospectus delivery?
The final prospectus is subject to the SEC delivery requirement. That is, a copy of the final prospectus must be delivered to each investor of a securities offering. The preliminary prospectus is NOT subject to the SEC delivery requirement except that a copy of the preliminary prospectus must be delivered to any potential investor who requests a copy. In addition, for offerings in which there is a roadshow, a copy of the preliminary prospectus must be delivered to any roadshow attendee. The SEC delivery requirement can be satisfied either (1) by sending a paper copy of the prospectus or (2) by sending an electronic copy of the prospectus as long as the recipient has consented to electronic delivery.

Should we send paper copies, electronic copies, or both?
For most bond offerings, Ipreo i-Prospectus recommends sending electronic copies of the preliminary prospectus as a replacement for the paper copies. Maximum savings are realized by only sending paper copies of the preliminary prospectus when requested by investors. Ipreo i-Prospectus further recommends sending electronic copies of the final prospectus as a supplement to the paper copies. This approach has been used on countless offerings and is quickly becoming the standard for municipal bond offerings.

TROUBLESHOOTING

I can't view a prospectus.
Please try the following if you cannot view a prospectus:

1) If your version of Adobe Acrobat Reader is less than 5.0, you need to upgrade. Click here to download the latest version for free, including installation instructions. Feel free to call us at (212) 849-5024  if you need help installing Adobe Acrobat.

2) If you have the latest version of Adobe Acrobat, you may need to clear the cache on your browser. If you're using Internet Explorer, click "Tools", then "Settings", then "Delete Files."

3) If you have an older version of Internet Explorer , you should upgrade. Click here to download the latest version of Internet Explorer.

4) As always, please call us at (212) 849-5024 if you need help or have any questions. You may also reach us via email at os@i-Deal.com

Printing a prospectus is slow.
Print speed is largely dependent on your printer and the amount of printer memory. However, some prospectuses contain graphic images at high resolution. Your printer may automatically print these images at a resolution that is higher than necessary. To reduce the resolution (and speed up the printing), click on "Properties" in the Print dialog box and change the "Printer Resolution" (or "Image Setting") to 300 dpi or less. The lower the dpi, the faster these images will print.