lead underwriter meaning

  "lead underwriter" in a sentence
[Finance]
The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues.

Examples

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  1. merrill lynch, an investment bank advising the consortium, is lead underwriter for these share issues but there is no commitment yet on price
  2. The domestic lead underwriter was J & AMP; A Securities.
  3. Morgan Stanley & AMP; Co . was the lead underwriter.
  4. The lead underwriter was Goldman, Sachs & AMP; Co.
  5. J . P . Morgan will lead underwriters for the sale.

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