Syndicate or Underwriting Syndicate
A group of underwriters formed to buy a bond issue from the issuer and then offer the bonds for resale to the public.
One or more members of a bond Underwriting Syndicate that has primary responsibility for managing the Syndicate.
Learn more about the various parties involved in a municipal securities transaction and their roles.
A group of underwriters formed to buy a bond issue from the issuer and then offer the bonds for resale to the public.
A securities broker or dealer that purchases bonds from an issuer and resells them to investors.

Bonds issued by an issuer to finance all or a portion of its own project and that do not satisfy both the Private Business Tests and the Private Loan Financing Test.