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 ?
are serving as active bookrunners for the offering and Barclays Capital Inc.
Goldman Sachs and Bank of America Merrill Lynch, as joint lead arrangers and joint bookrunners, in a $13.
Additional joint lead arrangers and bookrunners include BMO Capital Markets, Credit Suisse and JP Morgan Chase Bank, NA.
Morgan and Renaissance Capital are acting as Joint Bookrunners for the Notes, and Galt & Taggart is acting as a Co-Manager.
served as joint global coordinators and joint bookrunners.
Morgan, Barclays and BofA Merrill Lynch are serving as joint lead arrangers and bookrunners.
Morgan are acting as joint global coordinators and joint bookrunners and Citigroup and Credit Suisse are acting as joint bookrunners for the offering.
The bank has selected Morgan Stanley (NYSE: MS) and Switzerland-based UBS AG (NYSE: UBS) as global coordinators and joint bookrunners.
Dubai Islamic Bank PJSC, Emirates NBD Capital Limited, and Noor Bank PJSC as Initial Mandated Lead Arrangers (IMLAs) and Bookrunners to arrange the Facility on its behalf.
DVB Capital Markets and Guggenheim Securities were joint bookrunners.
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.
94% in energy group Iberdrola SA (BME:IBE) to investors, according to a statement on Thursday by the bookrunners.