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Bookrunner
Practical Law UK Glossary 3-107-6506 (Approx. 3 pages)
Glossary
Bookrunner
The bank responsible for:
- Maintaining the book of orders for securities in a syndicated offering of securities; or
- Managing the primary syndication of a syndicated loan (allocating debt to the syndicate, exercising market flex, declaring the deal free to trade) .