Regulators are starting to relax on virtual roadshows, letting them reach their full potential
The roadshow is a right of passage for any company raising capital through debt or equity issuance. Senior executives, well coached by their underwriters, give a presentation to institutional investors to generate demand for the offering. Typically, the presentation lasts a couple of hours and is often part of a breakfast or lunch. These roadshows take place in as many major financial centers as the executives' underwriters think is appropriate, or can afford.But since the webcasting of conferences
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