Banc of America top leveraged loan arranger for year to date

• Leveraged loan issuance totals $222.12 billion year to date

New York, Sept. 30 - Banc of America kept its perch at the top of the league table of leveraged loan arrangers for the year so far, according to data compiled by Prospect News.

It has now been number one year to date for five consecutive months. B of A had been leading for the year through March, but JPMorgan pushed ahead in April for a single month before B of A retook first place.

Issuance rebounded to $21.37 billion from $12.44 billion in August but still remained far below the year-ago level of $70.93 billion.

The year-to-date volume of leveraged loans is now $222.12 billion, 39% of the $570.25 billion for the first nine months of last year.

The Prospect News figures cover dollar-denominated deals in the United States. Credit for deals is divided among the lead arrangers.

Year to date

2007 Comparables

	Lead	Amount	No.	Share	Rank	Amount	No.	Share
1	Banc of America	28.756	95	12.95%	3	70.305	144	12.33%
2	JPMorgan	22.013	71	9.91%	1	92.010	159	16.14%
3	Deutsche Bank	19.161	23	8.63%	6	32.316	65	5.67%
4	Goldman Sachs	16.697	22	7.52%	5	40.191	88	7.05%
5	Morgan Stanley	12.913	19	5.81%	12	14.578	38	2.56%
6	Citigroup	12.713	19	5.72%	2	74.160	97	13.00%
7	Credit Suisse	11.988	33	5.40%	4	48.805	133	8.56%
8	GECC	9.760	51	4.39%	13	9.651	44	1.69%
9	Wachovia	8.378	39	3.77%	9	22.737	64	3.99%
10	UBS	6.312	10	2.84%	11	18.554	64	3.25%
	Total	222.124	445	570.245	812
	Average size:	0.499	0.702
Third quarter
					2007 Comparables
	Lead	Amount	No.	Share	Rank	Amount	No.	Share
1	Banc of America	8.071	32	13.25%	2	12.510	31	9.95%
2	JPMorgan	7.293	24	11.98%	3	10.942	27	8.70%
3	Goldman Sachs	6.871	5	11.28%	7	5.462	9	4.34%
4	Deutsche Bank	4.019	8	6.60%	5	6.328	11	5.03%
5	GECC	3.616	17	5.94%	8	3.881	15	3.09%
6	Credit Suisse	3.406	11	5.59%	6	6.161	21	4.90%
7	BNP Paribas	3.194	8	5.24%	15	1.971	10	1.57%
8	Wachovia	3.136	13	5.15%	9	3.695	14	2.94%
9	WFC	2.451	8	4.02%	18	1.450	4	1.15%
10	Morgan Stanley	2.290	4	3.76%	11	3.008	7	2.39%
	Total	60.904	149	125.731	186
	Average size:	0.409	0.676
September
					2007 Comparables
	Lead	Amount	No.	Share	Rank	Amount	No.	Share
1	Banc of America	3.537	10	16.55%	2	8.010	13	11.29%
2	JPMorgan	2.632	5	12.31%	9	2.109	6	2.97%
3	Deutsche Bank	2.077	2	9.72%	3	4.318	5	6.09%
4	Credit Suisse	1.608	2	7.52%	5	4.073	6	5.74%
5	Morgan Stanley	1.496	2	7.00%	11	1.944	3	2.74%
6	GECC	1.251	5	5.85%	17	0.722	5	1.02%
7	Scotia	0.950	2	4.44%
8	Goldman Sachs	0.920	2	4.30%	6	3.858	4	5.44%
9	UBS	0.883	1	4.13%	13	1.099	3	1.55%
10	Wachovia	0.637	3	2.98%	16	0.733	3	1.03%
	Total	21.374	41	70.934	55
	Average size:	0.521	1.290
Prospect News Leveraged Loan Arranger Rankings

Criteria

• The tables include dollar-denominated deals offered in the United States and reported to Prospect News.

• Deals must be $75 million or bigger for inclusion.

• All loans are leveraged: either the interest rate margin is 150 bps or higher or they are rated speculative-grade by Moody's Investors Service or Standard & Poor's.

• Includes amended and restated loans where the maturity or size is changed but not repricings.

• Offerings are included in the time period in which the bank meeting was held (if available), otherwise the earlier of settlement date or date reported to Prospect News.

• Numeric totals are for the number of deals (not tranches).

• DIP facilities are included; bridge loans are excluded.

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