Lead arranger

(redirected from Lead Underwriters)

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 ?
Bank of Communications will be joint lead underwriters.
30 August 2010 - Wells Fargo Securities LLC and Citigroup Global Markets Inc are among the lead underwriters for BlackRock Build America Bond Trust's (NYSE:BBN) IPO of common stock, BlackRock Inc (NYSE:BLK) said Monday.
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.
Prior to this offering, majority firms rotated as lead underwriters for such deals, with minority firms serving as co-managers.
Nationally, Morgan Keegan was one of the largest lead underwriters in the country for the year.
28 June 2010 - Citigroup Global Markets and Morgan Stanley & Company have been among the lead underwriters of ClearBridge Energy MLP Fund's common stock offering, the fund said.
Nationally, Morgan Keegan was one of the largest lead underwriters this quarter, ranking eleventh in the country.
served as lead underwriter for the offering, with UBS Investment Bank and AG Edwards as co-lead underwriters.
are the Mexican lead underwriters for the Mexican tranche of the offering.
We thank our lead underwriters, Merrill Lynch & Co.