Syndicate
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Definition:
A Syndicate or Banking Syndicate is when a group of lenders like investment banks join together to underwrite, structure, market, and distribute a new security offering. Globally there are three types of underwriting for syndications; Underwritten Deal, Best Efforts Syndication, or Club Deal. Those who work in syndicate groups are often responsible for marketing, pricing and distributing the new security.
Related Concepts:Arrangers
Debt Capital Markets
Distressed Debt
Haircut
Project Finance
Securities
Available Positions Related to Syndicate: |
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