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English definition of “lead manager”

lead manager

noun [C]     (also lead underwriter, managing underwriter) FINANCE
the financial organization that is responsible for managing the sale of new bonds or shares in a company or loans that several banks have joined together in making: The company's underwriting department is lead manager for the share sale. The firm served as managing underwriter on sales of $268.5 million of long-term debt.
(Definition of lead manager noun from the Cambridge Business English Dictionary © Cambridge University Press)
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