lead manager
In the context of a bond issue, the lead manager is mandated by the bond issuer to arrange the transaction. Commonly will also be the bookrunner, that is, the bank which arranges the syndication.
+ lead manager / lead underwriter
USA
lead manager, Also known as lead underwriter.
If there is more than one managing underwriter participating in a registered offering of securities, one (or sometimes more) of the managing underwriters is designated as the "lead" manager(s), with the other managing underwriters referred to as co-managers. The lead manager makes the chief decisions with respect to the structure, allocation, timing and pricing of the offering, as well as the preparation of the registration statement and the organization of the road show.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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  • Lead Manager — Ein Konsortialgeschäft (engl. underwriting syndicate), ist ein meist von mehreren Banken, die alle als Underwriter fungieren, durchgeführtes Geschäft wie z. B. ein Börsengang (Emissionskonsortium). Inhaltsverzeichnis 1 Anwendung 2 Rechtsnatur 3… …   Deutsch Wikipedia

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  • lead manager — Subordinate to an arranger. Bloomberg Financial Dictionary * * * lead manage ˈlead ˌmanage verb [transitive] FINANCE to organize a syndicated loan (= a loan to one borrower by many lenders ) or aSecurities Issue …   Financial and business terms

  • lead manager — (U.K.) Fin a lead underwriter …   The ultimate business dictionary

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  • Lead Manager — federführende Bank an der Spitze eines ⇡ Emissionskonsortiums. Vgl. auch ⇡ Bookbuilding …   Lexikon der Economics

  • lead manager — /li:d mænɪdʒə/ noun a person who organises a syndicate of underwriters for a new issue of securities …   Dictionary of banking and finance

  • Lead Manager/Underwriter —    The institution awarded the mandate by a borrower to raise money via a bond or loan or share issue. The lead manager guarantees the liquidity of the deal, arranges the syndication of the issue and undertakes a major underwriting and… …   Financial and business terms

  • Joint Lead Manager — Ein Konsortialgeschäft (engl. underwriting syndicate), ist ein meist von mehreren Banken, die alle als Underwriter fungieren, durchgeführtes Geschäft wie z. B. ein Börsengang (Emissionskonsortium). Inhaltsverzeichnis 1 Anwendung 2 Rechtsnatur 3… …   Deutsch Wikipedia

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