Lead arranger

(redirected from Bookrunners)

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 ?
Citigroup and Erste Group Bank AG acted as Joint Global Coordinators and Bookrunners, and ING acted as Joint Bookrunner.
From the Uzbek side, JP Morgan was appointed a global coordinator and a joint bookrunner, while Citibank and Gazprombank were appointed as joint leading managers and bookrunners.
In the private placement, DNB Markets and Jefferies International Limited acted as Joint Global Coordinators and Joint Bookrunners; Kempen & Co NV acted as Joint Bookrunner.
In a bourse filing, the Omani-based lender stated that it has hired Bank ABC, Citi as well as Credit Agricole CIB and Emirates NBD Capital as joint lead managers and bookrunners for the potential deal.
International plc, Goldman Sachs (Asia) L.L.C., Credit Suisse (Hong Kong) Limited and CLSA Limited are acting as joint global coordinators, joint bookrunners and joint lead managers for the Global Offering.
The international bookrunners and lead managers for the offering are Credit Suisse (Singapore) Ltd., Maybank Kim Eng Securities Pte.
Carnegie and Citi acted as Joint Bookrunners for the Equity Offering.
Morgan and Renaissance Capital are acting as Joint Bookrunners for the Notes, and Galt & Taggart is acting as a Co-Manager.
Morgan are acting as joint global coordinators and joint bookrunners and Citigroup and Credit Suisse are acting as joint bookrunners for the offering.
According to the press release, the credit facility, with Emirates Bank NBD Capital Limited as Initial Mandated Lead Arranger, Bookrunner and Coordinator, will be provided by the following syndicated banks in their role as "Mandated Lead Arranger and Joint Bookrunners", Emirates NBD Bank, Commercial Bank International, Commercial Bank of Dubai and Barwa Bank.
10 April 2014 - Spanish state-owned banking group Banco Financiero y de Ahorros SA (BFA), the parent of Bankia SA (MCE:BKIA), raised some EUR1.53bn (USD2.1bn) from the sale of 4.94% in energy group Iberdrola SA (BME:IBE) to investors, according to a statement on Thursday by the bookrunners.
The CBs are in an aggregate principal amount of RMB975 million and have been offered and sold by the Joint Bookrunners to no less than six independent placees (who are independent individual, corporate and/or institutional investors).