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 ?
ISLAMABAD -- The Securities and Exchange Commission of Pakistan (SECP) has registered seven companies as book runners under the Book Building Regulations, 2015, promulgated in accordance with Securities Act 2015.
All the seven registered book runners were corporate brokerage houses, said a statement issued here on Thursday.
Contact detail of all the registered book runners is uploaded on the SECP's official website www.
Emaar Properties has hired HSBC Holdings (LSE: HSBA) and Emirates NBD as book runners for the initial public offering of its retail arm.
National Bank of Abu Dhabi and EFG Hermes Holding Co will also be part of the deal as book runners.
Bank of America and JPMorgan Chase Bank served as co-syndication agents and joint book runners.
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.
Dubai-based Noor Islamic Bank, as initial mandated lead arranger and book runner with ABC Islamic Bank, National Bank of Abu Dhabi and Standard Chartered Bank, has closed a $300-million dual currency Murabaha facility for Turkey's Bank Asya.
DE) and JP Morgan (NYSE: JPM) have acted as joint book runners on the transaction.
Global Banking News-November 1, 2010--Deutsche Bank and HSBC to be book runners for Codelco's placement(C)2010 ENPublishing - http://www.
Germany-based Deutsche Bank (ETR:DBK) and HSBC Holdings (LSE:HSBA) have been selected as book runners for a private placement of Chile-based copper mining firm, Corporacion Nacional del Cobre de Chile (CODELCO).
The acting senior book runners are BofA Merrill Lynch, JP Morgan, SunTrust Robinson Humphrey and Wells Fargo Securities LLC and additional book runners include BB&T Capital Markets, BMO Capital Markets, Deutsche Bank Securities, Morgan Stanley and UBS Investment Bank.