Lead arranger

(redirected from Lead Arrangers)

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 ?
Societe Generale Corporate & Investment Banking, Sumitomo Mitsui Banking Corporation, and United Overseas Bank Limited acting as Bookrunning Mandated Lead Arrangers.
Nordea Bank AB, PJSC ROSBANK, UniCredit Bank Austria AG, acted as Mandated Lead Arrangers and Bookrunners.
Other banks that participated in the financing included Abu Dhabi Islamic bank, Ahli United Bank, Emirates NBD, Gulf International Bank, HSBC Bank Middle East as Mandated Lead Arrangers, Sharjah Islamic Bank, Warba Bank as Lead Arrangers and QIIB as asset custodian.
Muscat: Oman's Bank Dhofar, the Sultanate's second-largest lender by assets, has picked three banks to arrange fixed income meetings starting on Thursday for a potential capital-boosting perpetual bond issue, a document from lead arrangers showed.
Al Ahli Bank of Kuwait and Standard Chartered Bank joined the transaction as mandated lead arrangers while Al Khalij Commercial Bank and The Commercial Bank of Qatar participated as lead arrangers.
The participating banks included Mashreqbank as the sole initial mandated lead arranger and book runner, Abu Dhabi Commercial Bank and Commercial Bank International as the mandated lead arrangers and Ahli United Bank and Arab Banking Corporation as the lead arrangers while Alpen Capital acted as the financial advisor to Jet Airways for the transaction.
The Royal Bank of Scotland plc, Societe Generale Corporate & Investment Banking and Sumitomo Mitsui Banking Corporation acting as Mandated Lead Arrangers and Bookrunners.
Other banks that participated in the deal included Al Hilal Bank PJSC, Commercial Bank International PJSC as mandated lead arrangers, Noor Islamic Bank as lead arranger and Sharjah Islamic Bank PJSC as arranger.
National Bank of Abu Dhabi and Abu Dhabi Commercial Bank acted as documentation and facility agents while also participating as book runners and mandated lead arrangers.
8 billion facility, while the National Bank of Abu Dhabi and Samba Financial Group acting as mandated lead arrangers, and Mashreq Bank acted as co-arranger, the telco said in the statement.
The Initial Mandated Lead Arrangers have successfully marketed the facility and were joined by a large number of local, regional, and international banks, the statement said.
LONDON: Bahrain has mandated three lead arrangers for its planned $500 million Islamic bond issue that will help it cover its budget deficit due to lower oil revenues, IFR Markets, a Thomson Reuters online news and market analysis service, reported yesterday.