Breaking The Syndicate
Definition of 'Breaking The Syndicate'The dissolution of a group of investment bankers that created a syndication to underwrite the issue of a particular security. Prior to termination of the agreement the underwriters must sell the securities at the offering price. The syndicate usually terminates 30 days after the sale date, but can be broken earlier upon mutual agreement of the participants. |
|
Investopedia explains 'Breaking The Syndicate'Syndicates are usually broken due to one of two reasons: (1) the issue has been successfully distributed or (2) the underwriters cannot place the securities at the offer price. If the syndication is dissolved prior to 30 days following the security sale date group members are free to sell remaining holdings independent of original price restrictions. |
Related Definitions
Articles Of Interest
-
A Primer On Preferred Stocks
Offering both income and relative security, these uncommon shares may work for you. -
The 4 Ways To Buy And Sell Securities
Know the four main avenues of buying and selling investment instruments. -
The Intelligent Investor: Benjamin Graham
Learn about the man who mentored Warren Buffett, who eventually became the investing "Oracle of Omaha". -
Investing In Emerging Market Debt
This asset class has left much of its unstable past behind. Find out how to invest in it. -
The Fuel That Fed The Subprime Meltdown
Take a look at the factors that caused this market to flare up and burn out. -
The Risks Of Mortgage-Backed Securities
Find out how weighted average life guards against prepayment risk. -
A Day In The Life Of A Day Trader
Day trading has many advantages and, while we often hear about these perks, it's important to realize that day trading is hard work. -
Financial Designations That Employers Require
We break down the designations that are important to have if you want to work in the financial sector. -
Designations For The Buy Side
For those interested in picking securities and financial planning, these certifications could be just what your buy-side financial career needs. -
Making It Big On Wall Street
Read about some of the most glamorous Wall Street jobs and what it takes to land one.
Free Annual Reports