Lead arranger

(redirected from Managing Underwriters)

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 ?
and Crews & Associates Inc., both of Little Rock, as co-senior managing underwriters; and Raymond James & Co.
Bank CIMB and Maybank are the joint principal advisors, joint managing underwriters and joint underwriters for the rights issue.
and LOYAL3 Securities are also acting as managing underwriters of the offering.
Deutsche Bank AG, HSBC Bank plc and J.P.Morgan Securities plc will be the managing underwriters of the first
The managing underwriters have an option to buy an additional 3.75m shares.
The managing underwriters were led by Goldman Sachs and included Credit Suisse First Boston and Merrill Lynch.
There is very little following line or retrocession capacity in the market and only the strongest managing underwriters have prospered.
Managing underwriters can survive and prosper if they continue to offer value to both carriers and agents.
will be the senior managing underwriters to oversee the financing of the Hudson Yards Development Area, said, Deputy Mayor Daniel L.
The managing underwriters were Citigroup Global Markets Inc, Lehman Brothers Inc, and US Bancorp Piper Jaffray Inc.
The managing underwriters of the offering are WR Hambrecht + Co, LLC and Pacific Growth Equities, Inc.
and Morgan Stanley Dean Witter serving as lead managing underwriters. Individual and corporate investors can place buy orders at brokerage houses.

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