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Book Runner |
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Book runner Book Runner Informal; 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 book runner 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 syndicate manager. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Often the book runner is given credit for the total size of the deal. Often the book runner is given credit for the total size of the deal. Often the book runner is given credit for the total size of the deal. |
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