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Institucionales (in this context)

English translation: for or to institutional investors

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	Institucionales (in this context)
English translation:	for or to institutional investors
Entered by:	Sandra Alboum

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22:26 Feb 25, 2005

Spanish to English translations [PRO]
Bus/Financial - Finance (general)

Spanish term or phrase: Institucionales (in this context)

Telefónica sacó a Bolsa a TERRA el 17 de Noviembre de 1.999 a un precio de 11,81 a minorista y 13 euros Institucionales, cerró la sesión a 35 euros.

Sandra Alboum KudoZ activity Questions: 362 (10 open) (6 without valid answers) (39 closed without grading) Answers: 392 United States
Local time: 12:04

for or to institutional investors

Explanation:
minority shareholders and institutional investors pay a different price for the share, sounds like

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Note added at 7 mins (2005-02-25 22:33:58 GMT)
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to/for is wrong

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Note added at 7 mins (2005-02-25 22:34:03 GMT)
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to/for is wrong

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Note added at 13 mins (2005-02-25 22:40:05 GMT)
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Telefonica\'s minority Terra shares started trading at 11.81 euros and 13 euros for institutional shares, topping off at 35 euros at close of trading.

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Note added at 14 mins (2005-02-25 22:41:20 GMT)
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institucionales are the shares owned by Institutional investors or shareholders in a company...I think in jargon you can say: institutionals here...

I forgot the date...:) 13 euros for its institutionals

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Note added at 16 mins (2005-02-25 22:43:14 GMT)
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Alternative: Telefonica\'s minority Terra shares started trading at 11.81 euros and 13 euros for its institutionals, closing at 35 euros at [market] close.

Selected response from:

Jane Lamb-Ruiz

Grading comment

Thanks!
4 KudoZ points were awarded for this answer