The managing investment banks in an IPO negotiate the terms of the offering and the underwriter discount with the issuer and put together an underwriting group known as:

Question

Quizplus · Accepted Answer

The managing investment banks in an IPO will put together an underwriting group known as the syndicate, which will negotiate the terms of the offering and the underwriter discount with the issuer. Choices A, B, and D are all incorrect because they do not accurately describe the role of the underwriting group in an IPO.

The Managing Investment Banks in an IPO Negotiate the Terms