Syndicate Agreement / Syndicate Letter
Categories: IPO, Banking, Regulations
Who gets what? That's the gist, anyway, of a syndicate letter / agreement. In a selling group of, say, an IPO, there needs to be a detailed contract as to who "owns" the various key functions in marketing a given product. That's what the letter does. If you did something really bad in a former life, today you are the lawyer who has to write these for a living.