{"iri":"http://lmss.sali.org/R7NbFVMmNBqSIc3izA5Yf1N","id":"R7NbFVMmNBqSIc3izA5Yf1N","label":"Lead Underwriter","definition":"A bookrunner, also known as a lead underwriter or lead manager, is a financial institution or investment bank responsible for managing the issuance of new securities, such as bonds or stocks, in a public offering. The bookrunner coordinates the syndicate of underwriters, sets the price of the securities, and allocates them to investors, playing a crucial role in the success of the offering.","prefLabels":["Bookrunner"],"altLabels":["Arranger","Lead Manager","Managing Underwriter"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R8CdMpOM0RmyrgCCvbpiLS0","label":"Actor / Player"},"parents":[{"iri":"http://lmss.sali.org/RDVtW9pxx7DVUlXOsBrOUEO","id":"RDVtW9pxx7DVUlXOsBrOUEO","label":"Underwriter"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R7NbFVMmNBqSIc3izA5Yf1N/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}