Arranger

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Arranger

The senior tier of a syndication. This implies the entity that agreed and negotiated the project financing structure. Also refers to the bank or underwriter entitled to syndicate the loan or bond issue. Also known as the lead underwriter.

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 ?
6 -- 7) Ramon Mancilla of Los Angeles, left, arranges rose bouquets at the Flower Mart.
The prices are good, but the downside is that all you get are the flowers and you have to arrange them yourself.
The company can arrange radiator repairs with any one of 25,000 repair shops in 50 states, and provides fast delivery of parts from its 32 warehouse locations.