Lead arranger

(redirected from Book Runners)

Lead arranger

The senior tier of arranger

Lead Arranger

In investment banking, an underwriting firm that leads a syndicate. A syndicate is a group of underwriters responsible for placing a new issue of a security with investors. Every syndicate is a temporary arrangement. The lead arranger assigns parts of the new issue to other underwriters for placement and usually takes the largest part itself. It is also called a managing underwriter or a syndicate manager or, less formally, a book runner.
References in periodicals archive ?
Citibank, while the joint book runners were BNP Paribas, Citibank, and Deutsche Bank was the coordinator for the bond was Citibank, while the joint book runners.
Emaar Properties has hired HSBC Holdings (LSE: HSBA) and Emirates NBD as book runners for the initial public offering of its retail arm.
SoCalGas engaged four companies to act as joint book runners in this transaction: Citigroup, Credit Agricole, Morgan Stanley, and Loop Capital Markets, a minority-owned investment bank.
Barclays, Morgan Stanley, Deutsche Bank and Goldman Sachs served as joint book runners and HSBC served as manager.
Limited (exclusive partner of Macquarie Capital) as Lead Managers and Book Runners for the Secondary Public Offering of Pakistan Petroleum Limited (PPL).
Noor Islamic Bank was previously ranked by Bloomberg as number one on the list of mandated lead arrangers in Islamic finance in the UAE and number three on the list of leading Islamic finance book runners in the UAE.
Deutsche Bank, Citigroup and Morgan Stanley are acting as joint book runners on the NBE notes, which are due to be priced by the first week of August.
Deutsche Bank ,Citigroup and Morgan Stanley are acting as joint book runners on the NBE notes, which are due to be priced by the first week of August.
Summary: DUBAI - Noor Islamic Bank PJSC announced on Thursday it has topped the 2008 Bloomberg list of leading Shariah compliant Lead Arrangers in the UAE and ranked third on the list of leading Islamic finance Book Runners in the country in its first year of operation.
acted as co-lead arrangers and book runners, with an additional eight banks joining the syndicate.
Cayman Branch are acting as joint book runners in the international offering, while Banchile Corredores de Bolsa S.
and Merrill Lynch, Pierce, Fenner & Smith Incorporated were the joint book runners of the offering.