Lead arranger

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 ?
Summary: Emirates NBD acted as agent bank, security agent and mandated lead arranger in the club financing arrangement that included Commercial Bank of Dubai and Arab Bank as mandated lead arrangers
Emirates Islamic coordinated the Islamic facility with Mashreq Bank and Dubai Islamic Bank as initial mandated lead arrangers and Arab African International Bank as mandated lead arranger.
The lead arrangers were joined by Ahli United Bank Limited as an arranger and IDBI Bank Limited as lead arranger.
Mizuho Bank Ltd acted as sole co-ordinator, sole bookrunner and mandated lead arranger, documentation agent, signing agent, publicity agent and facility agent.
Australia and New Zealand Banking Group Limited was the Mandated Lead Arranger and Book Runner.
Mashreq was the underwriter, mandated lead arranger and bookrunner for the eight-year loan facility with Arab Bank, as the mandated arranger.
ADIB acted as the mandated lead arranger, investment agent, security agent and account bank for the facility.
Abu Dhabi Commercial Bank acted as senior mandated lead arranger for the new AED1.
Summary: Mashreq acted as the mandated lead arranger, book runner and facility agent for the syndication.
National Bank of Egypt and Banque Misr had the largest share followed by Arab African international Bank and Banque du Caire, as Initial Mandated Lead Arranger.
and First Gulf Bank taking the Mandated Lead Arranger role, Ahli United Bank B.