04.03 · IPO & Capital Markets
Syndicate selection
Choosing and instructing the banks that will run the offering.
Bank selection determines distribution, research coverage and cost. We run a structured pitch, compare the offers on the terms that matter, and negotiate fees and roles.
After appointment we stay on the company's side of the table through documentation, marketing and pricing.
Scope of the mandate
Bank longlist, pitch and evaluation
Role allocation and fee negotiation
Research and distribution assessment
Ongoing management of the syndicate
Typical situation
Several banks are proposing very different structures and valuations, and the board needs a like-for-like comparison.
Responsible
Related sub-services
Sell-side mandatesHolding structuresAcquisition financeAsset & portfolio deals