Rebirth: Dominate The World, Starting From The School Network

Chapter 286 Unprecedented Sponsor Lineup

The headline hot spots throughout April were all contracted by Future Group.

It can even be said that not only in April, but also in the coming May, June and even July and August, the focus of people's attention will be on Future Group, and no one can take it away.

Late April.

Future Group Headquarters, in a VIP room.

"Mr. Paul, to be honest, many investment banks have approached me before. They all hope to be responsible for the listing of the future group." Lu Yi said while looking at Paul Watson.

The other party is a well-known big shot in the global financial world, a capital tycoon who can stomp his feet and make Wall Street tremble, and the head of Goldman Sachs.

As the Future Group officially submitted its IPO application documents to the U.S. Securities and Exchange Commission, the well-known investment banks on Wall Street immediately took action and wanted to be fully responsible for all matters regarding the listing of the Future Group.

Paul came to him too late.

Before Goldman Sachs, almost all well-known investment banks in the world came to Lu Yi and expressed similar ideas.

For example, Morgan, Citigroup, Merrill Lynch, Lehman Brothers, Credit Zurich 22, etc. all sent important personnel to contact Lu Yi earlier than Goldman Sachs.

after all.

The future listing scale of the group is likely to exceed that of Guge last year.

When Guge went public, it raised 2.7 billion yuan in public funds.

In most IPOs, especially those with financing amounts between US$50 million and US$200 million (approximately RMB 310 million to 1.23 billion yuan), investment bank commission rates are usually as high as 7%.

For more than 200 million gold, the commission rate is usually around 4%.

Assuming that the future group's financing scale exceeds that of Guge, it is set at 3 billion gold. Calculated based on a commission rate of 4%, the future group will need to pay a commission of 120 million gold. It will definitely make money while lying down. .

Moreover, the huge potential of Future Group has reduced the risks in this process to a very exaggerated level, and there is no need to worry about IPO failure or anything like that.

The net income is so huge, but the risk is so small. The major investment banks are rushing to contract it.

More importantly.

This money is only a part of the income that the investment bank that sponsored the listing can get, not all the income.

Like Goldman Sachs, when Future Group goes public, it will definitely acquire a large number of shares at the floor price of the IPO price. As a sponsor, it will undertake all actions for Future Group's listing. Naturally, it will get more cake. Because he himself is the one sharing the cake.

so.

These well-known investment bankers want to be responsible for all actions of the group's future listing.

Because the future financing scale of the group will obviously exceed 3 billion meters.

The higher the financing amount of the Future Group, the higher the commission they will receive.

"Mr. Lu, the scale of Future Group's IPO will definitely not be smaller than that of Guge's IPO last year. Goldman Sachs has rich experience in this area. We can quickly solve all the problems in the Future Group's IPO process and ensure that we There were no mistakes in the process," Paul said.

He can say this and has the confidence to say this.

Goldman Sachs is now the largest investment bank on Wall Street, and even Morgan is not as good as it now.

"Mr. Paul, to be honest, there have been more than 10 top international investment banks who want to be responsible for all actions for the group's future listing. These investment banks are definitely not weaker than Goldman Sachs in terms of reputation and strength. I don't know how to choose. , because no matter which company you choose, it will be okay for Future Group.”

"Everyone has brought full sincerity, and I don't know how to refuse. This should be a happy thing, because Future Group has been recognized by almost all well-known investment banks in the world, whether it is me or Future Group, I was always proud and proud, but now it has become a happy worry. Can you understand this worry?"

Lu Yi said very Versailles.

When Paul heard this, he was furious.

The worries about bullshit happiness are nothing more than trying to minimize the commission paid to them.

Just like when Guge went public last year, after negotiations, the commission rate was finally reduced from 4% to 2.8%.

Obviously.

Lu Yi is a very shrewd person who will not let go of the eagle when he sees the rabbit.

Both parties are smart people. One wants to get more cake from Lu Yi, while the other wants to compress this piece of cake to the minimum.

In the next week or two, even on Labor Day, Lu Yi was in repeated contact with people from major investment banks.

This is not a time for you to give in and I to take a step back, hello, me, everyone.

Because often if you give in at this time, the price you have to pay is very high.

Both sides are trying their best to pursue their own best interests without giving in to each other.

Lu Yi, who is only in his mid-twenties, constantly mediates in front of a group of shrewd capital predators, showing no fear at all and doing it with ease, which makes these old guys lament that they have encountered a very difficult opponent.

no way.

The initiative lies with Lu Yi.

Now it is the major investment banks that want to undertake all the actions of the Future Group's listing, rather than the Future Group asking them to be responsible.

Lu Yi is not in a hurry anyway.

Although it is decided to go public this year, if we can't reach an agreement, it can be postponed to next year.

It doesn’t even matter if it’s not listed on the market.

Of course.

Wall Street will definitely not agree.

Investing hundreds of millions and billions of gold in one round after another is taking great risks no matter what. If the returns are not equal, it will definitely not be accepted.

Lu Yi is not afraid of collusion among major investment banks.

Because collusion means diluting interests without any suspense.

People are greedy and selfish, especially Wall Street.

obviously.

In this contest, Lu Yi lost.

In order to qualify for the listing of Future Group, major investment banks have lowered their commission ratios, from the initial 4% to 2357.45%.

This proportion is 0.35% lower than last year’s 2.8% in Gu Ge.

The outside world wants to know what Lu Yi discussed with the major investment banks, and why the disagreement lasted for more than half a month.

finally.

On May 18th, some gossip came out.

After more than half a month of negotiations, the four top Wall Street investment banks, Goldman Sachs, Morgan, Merrill Lynch, and Bear Stearns, will serve as joint sponsors for the future listing of the group.

originally.

Lehman Brothers was also willing to become the sponsor of Future Group's listing, but Lu Yi did not agree.

If agreed, the five top investment banks on Wall Street will become sponsors for the group's future listing.

Absolutely an unprecedented horror lineup.

But even without Lehman Brothers, the lineup of the four top investment banks, Goldman Sachs, Morgan, Merrill Lynch, and Bear Stearns, is terrifying enough.

In addition to the four major sponsors, there are more than 30 underwriters of Future Group's shares, all of which are internationally renowned investment banks.

When Guge went public last year, Merrill Lynch withdrew from the ranks of underwriters because it was unwilling to make the necessary huge technical investment and was dissatisfied with the underwriting rates in the underwriting agreement.

But this time, Merrill Lynch served as the listing sponsor and was also a member of the underwriters.

The key is that the underwriting rate is lower than that of Gu Ge last year, which made many people laugh at Merrill Lynch.