Lead Manager


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Lead Manager

Subordinate to an arranger.

Lead Manager

In a syndicate, an underwriting firm immediately subordinate to the managing underwriter. 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 manager is assigned the second-largest part of the new issue for placement. A lead manager is also called an arranger.
References in periodicals archive ?
'In Bahrain, GIB acted as regional lead manager for the $163 million IPO of Alba.
In 2017, White & Case advised Morgan Stanley as Sole Lead Manager on Dream Global REIT's 375 million bond issue.
Muscat-based Alizz Islamic Bank has been selected to act as joint lead manager for the recently issued Government of Oman's seven-year US dollar Sukuk.
Cain Brothers will be the lead manager for this negotiated sale.
In September the firm broke new ground as sole lead manager in a 10-year $300 million investment-grade bond issue by Coca-Cola Enterprises Inc.
The lead manager was Gerard Klauer Mattison & Co Inc.
Caja Madrid, Citigroup Inc (NYSE: C), Credit Agricole SA (EPA: ACA) (CAGR.PA), Deutsche Bank AG (NYSE: DB) (DBK.DE), HSBC Holdings Plc (LSE: HSBA) (NYSE: HBC) (HKG: 0005) and Santander (SAN.MC) (NYSE: STD) are lead managers on the issue.
There's no lead manager named either, but perhaps Wit could do that itself, after all, being a lead manager is presumably one of the reasons it is going public in the first place.
Goldman, Sachs was the lead manager of the offering, which included such other international heavy hitters as Swiss Bank Corp., Nomura Securities, Deutsche Bank AG London and Morgan Stanley.
Accordingly, Christopher Metcalfe has been appointed as the new lead manager on the Newton Higher Income Fund.
21 March 2012 - The first coupon guidance for the third three-year bond worth RUB5bn (USD171m/EUR129m) to be issued by Russia-based Banca Intesa has been set at 9.25-9.75%, the lead manager of the issue Promsvyazbank said on Tuesday.
But whether the debt is public or private, every firm wants to be lead manager. Municipalities issue bonds to pay for everything from stadiums to airports, hospitals and rapid transit systems.