underwriting syndicate
Definition
Temporary group of underwriters and investment banks formed for marketing of a new bond or share (stock) issue that is too large for any single entity to handle. It is dissolved after completion of the sale of the securities. Also called underwriting group.
underwriting syndicate is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
underwriting syndicate appears in the definitions of the following terms: lead manager, underwriting group, takedown, names and underwriting agreement
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