Subordinate to an arranger. Bloomberg Financial Dictionary
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to organize a syndicated loan (= a loan to one borrower by many lenders ) or aSecurities Issue (= the sale of new bonds, shares etc ) :
• The bond issue was lead-managed by Nomura Securities.
— lead manager noun [countable] :
• Elsevier named Swiss Bank Corp. as the lead manager for its bond offering.
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lead manager UK US noun [C] (also lead underwriter, managing underwriter) FINANCE
► the financial organization that is responsible for managing the sale of new bonds or shares in a company or loans that several banks have joined together in making: »
The company's underwriting department is lead manager for the share sale.
»The firm served as managing underwriter on sales of $268.5 million of long-term debt.
Financial and business terms. 2012.