Definition: In this task, a passage will be given and the goal is to identify an event from the passage. An event is defined as a single word representing something that happened, is happening, or may happen. An event can be factual or hypothetical, positive or negative, certain or uncertain. While most events are based on verbs, an event can also be based on a noun (ex. storm, snow, rainfall) or a copula verb (is, was, been, etc.). The event must not be a pronoun or an adjective. For noun events with multiple words, use the last word in the phrase as event.
Input: Passage: Lending for initial public offers for manufacturing and infrastructure companies and stock options for employees would not be covered under the measures. Guarantees given by merchant banks for profits of companies seeking to list on the local bourse -- part of the securities commission's requirements -- are also exempted from the credit curbs.

offers