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Super cars news wire services reported, according to a comprehensive financial expert analysis, as the United States Department of the Treasury in the top five investment banks on Wall Street and in the negotiation of IPO underwriting again lower the common, generic IPO underwriting rates rates or as low as 2%, to United States 1999 IPO underwriting rates lowest on record.

United States General financial owns 61 percent of the shares. In order to get rid of government holdings, GM will be listed. United Kingdom independent international investment research company (Independent International Investment Research Plc) predicted that the scale of financing universal IPO could reach $ 12 billion, or become a United States company's second largest IPO.

United States Bank, Citibank, Goldman Sachs, JP Morgan and Morgan Stanley, five investment banks is to negotiate with the United States Government, the bid to become the universal IPO underwriter.

Over the past decade, the United States company IPO underwriting rates of average 5.5%. But because the United States Department of the Treasury in the 2008 financial crisis has given the above five investment banks for a total of 1500 billion of funding, so the United States Government is likely to achieve the universal IPO underwriting rates down to 2% of the target.

Pengboshe, the United States more than US $ 5 billion IPO underwriting rates of average is 3%. If you follow the 3% rate of underwriting, the dealers from Universal's $ 12 billion of the IPO in underwriting fees 3.6 million, equivalent to Goldman Sachs Bank, JP Morgan and Morgan Stanley IPO underwriting fee revenue this year 1.8 million.

(Super car network)