Bookrunner
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Bookrunner is a noun meaning The main underwriter or manager in equity, debt, or hybrid securities issuances, who syndicates with other investment banks in order to lower the risk.
Meaning
The main underwriter or manager in equity, debt, or hybrid securities issuances, who syndicates with other investment banks in order to lower the risk.
Example Sentences
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.
Word Forms
- bookrunners
Related Words
Related dictionary entries include underwriter, broker, bankroller, jobber, bookmaker, scrivener.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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