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Bookrunner

   Also found in: Wikipedia 0.01 sec.
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.

bookrunner


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As reported last week, bookrunners are Mashreqbank, Noor, Standard Chartered Bank and Royal Bank of Scotland.
net (Staff Writer) QIB appointed as Initial Mandated Lead Arranger (MLA) and Sole Bookrunner in September to raise a five-year Shari'ah-compliant syndicated facility with a targeted amount of QAR 3.
75 billion 5-year sukuk Al-Ijarah as bookrunner and "Most Innovative Islamic Finance Deal" as joint bookrunner for DEWA's Dh3.
 
 
 
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