Definitions for "distributing syndicate"
same as syndicate
A syndicate consisting of a number of brokerage firms or investment bankers that work together to sell and disperse a large lot of securities.
Group of brokerage firms and/or investment banks that come together in order to distribute a large block of securities. This usually only refers to secondary distributions. Primary distributions simply use the term "syndicate."
Keywords:  flipping, shoe, green
flipping green shoe
A group of investment banks which jointly underwrite and distribute a new security...