This term is defined as the group of investment banks used to help sell and distribute a new security issue.
A) take down
B) syndicate
C) underwriter's spread
D) originating house

Question

Quizplus · Accepted Answer

A syndicate is a group of investment banks that work together to underwrite and distribute a new security issue. The members of the syndicate share the risk and the revenue from the underwriting deal.

This Term Is Defined as the Group of Investment Banks