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 classic literature ?
My quick-witted attendant fully appreciated the compliment I was paying to the costume of his race, and began more sedulously to arrange the folds of the one only garment which remained to me.
It is quite too late to arrange it, except in a private room.
This time the affair will be easy to arrange between us; I have taken the initiative, and have sent him a letter.