Lead arranger


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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 ?
The bank is the initial mandated lead arranger and underwriter for the facility.
ABC Islamic Bank (the initial mandated lead arranger and bookrunner) has successfully closed the syndication for a $100 million, three-year syndicated revolving Murabaha financing facility on behalf of Munshaat Real Estate Projects Company.
Loan Pricing Corporation's 2000 Lead Arranger League Table
GE Healthcare Financial Services acted as Sole Lead Arranger and Sole Book-Runner for the financing and Administrative Agent for the first lien loans.
as Coordinating Mandated Lead Arrangers and Bookrunners, OJSC Nordea Bank as Senior Mandated Lead Arranger and Bookrunner, with Societe Generale and Joint Stock Commercial Bank ROSBANK (Open joint-stock company), together referred to as SG Group as Senior Mandated Lead Arrangers and Raiffeisen Bank International AG and ZAO Raiffeisenbank, together RBI Group acting as Mandated Lead Arrangers.
The team acted on behalf of mandated lead arranger and facility agent National Bank of Bahrain B.
ADIB acted as the initial mandated lead arranger, sole bookrunner, investment bank and security agent bank for the deal.
The syndication has a total of five banks taking part with National Bank of Fujairah and Mashreq Bank as the Mandated Lead Arrangers, Axis Bank as the Lead Arranger, Commercial Bank of Dubai and Habib Bank Ltd.
Emirates NBD Capital, acting as Initial Mandated Lead Arranger and Sole Bookrunner, has completed a $200 million syndicated term loan facility for the Bank of Ceylon.
Oppenheimer Investments is the financial adviser to the Al Sawadi Investment & Tourism Company and appointed Bear Stearns as lead arranger.
The syndicate of banks, which was led by Banca Nazionale del Lavoro as agent and mandated lead arranger, included BNP Paribas as coordinator and Bank of America Merrill Lynch, HSBC, Banca IMI, Mediobanca and UniCredit as mandated lead arrangers.
ADIB acted as the Mandated Lead Arranger, Sole Underwriter, Sole Bookrunner, Investment and Security Agent for the facility.