Assertion: underwriter syndicate | /r/HasProperty | formed
Facets:
value: usually
type: DEGREE
Source sentences:
text: The underwriter syndicate is formed and led by the lead underwriter for a security issue.
text: When an issue is too large for a single firm to handle, an underwriter syndicate is usually formed so that the resources of all the firms can be used to orchestrate the issuance and spread out the risk.