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Lead Arranger
(redirected from Lead Underwriters)

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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.


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uk General Motors Corporation (GM) (NYSE: GM), a United States-based automaker, has added Bank of America Merrill Lynch and Citigroup to be the lead underwriters for its initial public offering, Reuters has reported citing two sources familiar with the knowledge.
Global Banking News-16 August 2010-Citi and BoFA to be lead underwriters for GM IPO(C)2010 ENPublishing - http://www.
NEW YORK: General Motors Co has added Bank of America Merrill Lynch and Citigroup Inc to the slate of its lead underwriters for its initial public offering, two sources familiar with the situation said on Friday.
 
 
 
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