Lead arranger

Lead arranger

The senior tier of arranger
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Global Banking News-April 11, 2019-CIT acts as sole lead arranger for USD36.8m financing
M2 EQUITYBITES-April 11, 2019-CIT acts as sole lead arranger for USD36.8m financing
Al Ahli Bank of Kuwait (ABK) serves as the coordinating mandated lead arranger and bookrunner, and together with UAE-based First Abu Dhabi Bank (FAB) act as mandated lead arranger (MLA) and bookrunner, while Noor Bank acts as mandated lead arranger.
First Tennessee served as Administrative Agent and Lead Arranger for this transaction.
TD Securities (USA) LLC as lead left arranger and sole bookrunner, Capital One NA as joint lead arranger, and Deutsche Bank Securities Inc.
Under the Agreement, NBK is the Mandated Lead Arranger, Intercreditor Agent, Security Agent and Account Bank, and KFH is the Mandated Lead Arranger and Commodity Murabahah Investment Agent.
Bank Islam Brunei Darussalam was the sole lead arranger and Banque Misr - Paris, Emirates Islamic Bank and National Bank of Bahrain were all arrangers.
Emirates Islamic coordinated the Islamic facility with Mashreq Bank and Dubai Islamic Bank as initial mandated lead arrangers and Arab African International Bank as mandated lead arranger.
Australia and New Zealand Banking Group Limited was the Mandated Lead Arranger and Book Runner.
The syndication of the new facility was completed with Wells Fargo Securities, LLC serving as left lead arranger, and Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P.
ADIB acted as the mandated lead arranger, investment agent, security agent and account bank for the facility.