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Breaking the syndicate

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Breaking the syndicate
Definition 1.
Terminating an agreement among underwriters, specifically the investment banking group assembled to underwrite the issue of a security.

 


Breaking the syndicate
Termination of syndicate, or banking group, formed to underwrite a new issue. Specifically, the agreement to restrict sales at the issue price only is terminated.

? Mentioned in
Bonds Enabling Annual Retirement Savings
Breaking the syndicate
Brought Over The Wall
Dealer's spread
Direct Public Offering - DPO ...

breaking the syndicate The terminating of a syndicate, enabling members to sell their remaining holdings without price restrictions. breakout Technical analysis term used to describe price action rising above resistance...

See also: Saving, Brought over the wall, Base currency, Bearer Bond, Banks

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