bond-basics

Agreement Among Underwriters

Agreement used in the purchase of a Bond Issue by a Syndicate to set out the rights, obligations and purchase commitments of each Underwriter; to authorize one or more Underwriters to act as Manager(s); and to give the Manager(s) authority to act on behalf of the others in connection with the Bond Issue.

See Also

Manager or Co-Manager

One or more members of a bond underwriting syndicate that has primary responsibility for managing the syndicate.

Hudson Yards Rail Yards

Start with the Bond Basics

Amortization

The payment of the principal of a bond issue by periodic payments either directly to bondholders or to a sinking fund for the benefit of bondholders.