The phrase "joint lead" means to work together or share responsibility as leaders. It refers to multiple people or organizations jointly taking charge or leading a particular task or project. Full definition
It is interesting to look at the price targets of the analysts at the lead managers and compare them to those that were issued by firms that were not joint lead managers. (afr.com)
Macquarie was a leader in New Zealand's equity market as joint lead arranger of the $ 1.4 billion IPO of government - owned Might River Power, the country's first privatization in 14 years. (gfmag.com)
Herbert Smith Freehills is advising Citigroup Global Markets Australia Pty Limited and UBS AG, Australia Branch in relation to their role as joint lead managers and underwriters of Veda Group Limited's (Veda) initial public offering (theasiachronicles.com)