Bookrunner
From Open Risk Manual
Definition
The Bookrunner of a securitisation is the entity that establishes market demand for the Notes issued by the Issuer, thereby help determine the price of the notes (equivalent the yield / interest rate)
Details
None
Variations
None
Issues and Challenges
None
See Also
None
Disclaimer
- This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
- Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced
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