Seasoned equity offering 有两层含义：

第一种是新股的公开发行，这由一个已经完成首发的公司来公开招股，也即增发。“通常，这种公开发售是由希望再融资的公司，或者为了增长而增加资本金的公司来做。通过投行承销而二次发售融来的资金将留在公司。

Seasoned equity offering做这一层含义讲时，等于follow-on public offering增发，指企业首次公开发行股票后，为了扩大规模而再次发行股票。

第二种含义是，证券的销售是由公司的较大股东或者大比例股份的持有者来做，销售的获利将被付给出售股份的股东。这种二次公开发售是一个公司在更多数量的股份上显著增强股票和拓展市值的做法，而承销新股份的二次发售将会稀释拥有首发股份的股东的所有者地位。

其英文释义如下：

A seasoned equity offering is an issue of additional securities from an established company whose securities already trade in the secondary market. A seasoned equity offering is also known as a seasoned issue or follow-on public offering (FPO). New shares issued by blue-chip companies are considered seasoned issues. Outstanding bonds trading in the secondary markets are also called seasoned issues.

以下为相关双语示例，供参考：

In the near term, the Company expects its liquidity to remain strong based on residual proceeds from the CIC convertible debenture offering and proceeds from the global equity offering, as well as increasing cash flows from operations due to higher forecast production levels and stable coal prices.

由于已获得中投公司发行可换股债券以及全球股票配售的所得款净额，加上较高的产量水平和稳定的煤价令营运得来的现金流增加，因此在短期内，本公司预料其流动资金保持充裕。