Book runner

Book runner

The managing underwriter for a new issue. The book runner maintains the book of securities sold.

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 ?
Goldman Sachs acted as the worldwide coordinator and book runner for the private placement, while BNP Paribas also served the role of book runner.
During the year, QInvest acted as joint lead manager and book runner for Ooredoo's $1.
Summary: Mashreq acted as the mandated lead arranger, book runner and facility agent for the syndication.
Istanbul 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 (Dh1.
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.
The global coordinator for the NUCA issue is Morgan Stanley, which is also acting as joint book runner along with Citigroup and HSBC.
The following banks are participants in the unsecured revolving credit facility: Bank of Montreal, Chicago Branch as Administrative Agent, BMO Capital Markets, as Co-Lead Arranger and Joint Book Runner, Key Bank National Association, as Syndication Agent, KeyBanc Capital Markets Inc.
Citigroup Global Markets Inc (NYSE: C) is acting as sole global coordinator and joint book runner, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc (NYSE: DB) (DBK.
The Group's leadership in these sectors is underscored by its prominent role in several market leading transactions, including lead M&A and financing roles on the sale of Sedgwick CMS Holdings to Fidelity National Financial, Joint Book Runner on a $691 million follow-on offering for The Nasdaq Stock Market, Inc.
as Co-Lead Arranger and Joint Book Runner, Royal Bank of Canada as Co-Documentation Agent, RBC Capital Markets as Co-Lead Arranger and Joint Book Runner, Wells Fargo Bank, National Association as Co-Documentation Agent, Wells Fargo Securities, LLC as Co-Lead Arranger and Joint Book Runner and Raymond James Bank, FSB as additional lender.
Global Banking News-August 7, 2012--Standard Bank to be book runner for renminbi bonds for Chinese bank(C)2012 ENPublishing - http://www.
as Syndication Agent, Co-Lead Arranger and Joint Book Runner, Royal Bank of Canada as Co-Documentation Agent and RBC Capital Markets as Co-Lead Arranger and Joint Book Runner and Wells Fargo Bank, National Association as Co-Documentation Agent and Wells Fargo Securities, LLC as Co-Lead Arranger and Joint Book Runner.