bookrunner
nounEtymology
From book + runner.
- inherited from rennere
Definitions
The main underwriter or manager in equity, debt, or hybrid securities issuances, who…
The main underwriter or manager in equity, debt, or hybrid securities issuances, who syndicates with other investment banks in order to lower the risk.
- Fairfax said it had entered into an agreement with a syndicate of underwriters co-led by CIBC, which will be the sole bookrunner, Bank of America Merrill Lynch and Scotia Capital, for the $1 billion offering.
The neighborhood
Vish — recursive loop
No curated loop yet for bookrunner. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA