Lead Manager

(redirected from Lead Managers)

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 ?
Ebix announced the appointment of ICICI Securities (IBN) as the Left Banker, besides being one of the Book Running Lead Managers for the IPO.
Global law firm White & Case LLP has advised Credit Agricole CIB and Socit Gnrale, as Global Coordinators and Joint Lead Managers, ING Bank and MUFG Securities as Joint Lead Managers, and ABN Amro Bank, BNP Paribas and Crdit Industriel et Commercial as Co-Managers, on Euronext's offering of 500 million notes due 2029 with an annual coupon of 1.125%.
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.
The spokesman of the Ministry in a statement has said that the entire process of appointment of Joint Lead Managers and sale of EURO bonds in 2015 was conducted in a transparent and competitive manner.
(SAM & Co.) advises the Book Running Lead Managers in relation to the Rs.
The private sector lender said that it is hiring five lead managers including Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM) to manage the IPO.
Morgan acted as Joint Lead Managers for the New Notes, with Galt & Taggart acting as Co-Manager.
Addeo, Managing Director and Portfolio Manager (both of MAM US), will be named co- lead managers of the Manulife High Yield Bond Fund.
Closing of the private placement is subject to, among other things, TSX approval and is expected to occur on or about 31 January 2014, or such other date(s) as the company and the joint lead managers may agree.
Dubai's Majid Al Futtaim (MAF) has opened books on its upcoming issue of a US dollar-denominated hybrid bond, according to one of the lead managers.
Summary: Lebanon, rated B1/B/B, is planning to raise $1 billion through an increase of its outstanding 2023 and 2027 Eurobonds, according to one of the lead managers.
Citigroup and Standard Chartered Bank were mandated as joint global coordinators and joint lead managers, along with Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Dubai Islamic Bank and Emirates NBD Capital as joint lead managers.