Lead arranger

(redirected from Lead Underwriters)

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 ?
as the joint global coordinators, joint bookrunners, and joint domestic lead underwriters. Maybank Kim Eng is also the international lead underwriter.
BMO Capital Markets and Stephens are lead underwriters for the offering.
as joint issue managers, joint lead underwriters and joint bookrunners.
Pivotal, which listed an initial offering size of $100M its filing, describes itself as a "leading cloud-native platform that makes software development and IT operations a strategic advantage for our customers." It says it leverages relationships with Dell Technologies and VMware (VMW) to "win new customers and to expand our customer footprint." Morgan Stanley, Goldman Sachs Group and Citi are the lead underwriters for the IPO.
Rouhandeh also secured a key appellate win for the securities industry when he successfully argued in the Second Circuit on behalf of the lead underwriters of the Facebook IPO.
Unicapial Inc is the lead domestic underwriter, while Deutsche Bank AG (NYSE: DB) (DBK.DE) and JP Morgan Securities Limited (NYSE: JPM) are the international lead underwriters and book runners for the issuance.
7 March 2012 - Goldman Sachs (NYSE:GS) and Barclays Capital have been appointed lead underwriters to the initial public offering (IPO) of MRC Global, the US distributor of energy industry products said in a regulatory filing.
General Motors Corporation (GM) (NYSE: GM), a United States-based automaker, has added Bank of America Merrill Lynch and Citigroup to be the lead underwriters for its initial public offering, Reuters has reported citing two sources familiar with the knowledge.
NEW YORK: General Motors Co has added Bank of America Merrill Lynch and Citigroup Inc to the slate of its lead underwriters for its initial public offering, two sources familiar with the situation said on Friday.
Morgan and Deutsche Bank Securities are the lead underwriters on the deal, which is scheduled to price during the week of August 9th.
Piper Jaffray and Thomas Weisel Partners are serving as the IPO's lead underwriters.
Fee Real Estate was one of three lead underwriters for the event.