Assertion: syndicate | /r/HasProperty | compensated by the underwriting spread
Facets:
Source sentences:
text: The syndicate is compensated by the underwriting spread—which is the difference between the price paid to the issuer and the price received from investors and other broker-dealers.
text: The syndicate is compensated by the underwriting spread, which is the difference between the price paid to the issuer and the price received from investors and other broker-dealers when the issuance goes public.