{"iri":"https://folio.openlegalstandard.org/R7NbFVMmNBqSIc3izA5Yf1N","label":"Lead Underwriter","sub_class_of":["https://folio.openlegalstandard.org/RDVtW9pxx7DVUlXOsBrOUEO"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Bookrunner","alternative_labels":["Arranger","Lead Manager","Managing Underwriter"],"translations":{},"hidden_label":null,"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.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}