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 ?
The lead arrangers were joined by Ahli United Bank Limited as an arranger and IDBI Bank Limited as lead arranger.
Mizuho Bank Ltd acted as sole co-ordinator, sole bookrunner and mandated lead arranger, documentation agent, signing agent, publicity agent and facility agent.
The $3 billion Saudi Riyal Murabaha tranche participants are Alinma Bank, Riyad Bank, and The National Commercial Bank as Book Runners and Mandated Lead Arrangers; Banque Saudi Fransi, SAMBA Financial Group and The Saudi British Bank (SABB) as Lead Arrangers; and Arab National Bank and Saudi Hollandi Bank as arrangers.
ADIB acted as the mandated lead arranger, investment agent, security agent and account bank for the facility.
They do so by allowing top tier arrangers to keep larger fractions of the upfront arranging fees.
Al Hilal Bank and Barclays Capital have also acceded to the transaction as Lead Arrangers for the APG Facility.
Mizuho (TYO: 8411), Nordea (STO: NDA) and SEB (STO: SEB A) are bookrunners, coordinators and mandated lead arrangers for the facility.
Yet most theatergoers and plenty of Broadway professionals read the credit for "dance arrangements" on their Playbills with no idea what dance arrangers do.
The Initial Mandated Lead Arrangers have successfully marketed the facility and were joined by a large number of local, regional, and international banks, the statement said.
India-based Power Finance Corporation (Power Finance) (BSE: 532810) has asked for bids from arrangers for floating-rate bonds maturing in three years and 10 years, according to certain sources.
Romasanta had no idea arrangers existed until she saw them featured on a segment on HGTV five years ago.