SWIFT ISO 15022 - Code PRIO
Meanings
- Open Offer Rights: Distribution of open offer rights.
- Priority Issue: Form of open or public offer where priority is given to existing shareholders due to limited amount of securities available in the offer. Shareholders can buy a type of security during a short period of time.
- Priority Issue: Form of open or public offer where, due to a limited amount of securities available, priority is given to existing shareholders.
Usages
Message type
Field number
Tag
MT567
(Corporate Action Status and Processing Advice)
(Corporate Action Status and Processing Advice)
4
22F (Indicator: Corporate Action Event Indicator)