Bank of America continues reign on top of leveraged loan league tables

• Leveraged loan issuance totals $23.733 billion for June

New York, June 30 – Bank of America was once again on top of the leveraged loan league tables, bringing $5.146 billion of loans in June in 15 deals, according to data compiled by Prospect News.

JPMorgan again came in second place with $4.909 billion in loans in nine deals and Deutsche Bank came in third at $2.804 billion in 5 deals. In fourth was Barclays with $1.920 billion in seven deals and in fifth was Citigroup with $1.11 billion in three deals. Everyone else fell under a billion dollars.

Total issuance for the month was $23.733 billion. That was lower than the $36.742 billion seen in May and well below the $45.036 billion that was seen in June 2009.

The Prospect News figures cover dollar-denominated deals in the United States for borrowers with $75 million or more of bank debt outstanding. Debtor-in-possession facilities are included. Credit for deals is divided among the lead arrangers.

Year to date

2009 Comparables

	Lead	Amount	No.	Share	Rank	Amount	No.	Share
1	Bank of America	35.440	116	21.82%	4	7.816	49	8.34%
2	JPMorgan	25.882	80	15.93%	5	7.578	29	8.08%
3	Deutsche Bank	16.019	42	9.86%	9	2.583	8	2.76%
4	Barclays	10.431	47	6.42%	11	1.220	7	1.30%
5	Credit Suisse	9.302	36	5.73%	12	0.947	6	1.01%
6	Citigroup	6.061	22	3.73%	7	3.528	11	3.76%
7	Wells Fargo	5.758	32	3.54%	10	2.449	16	2.61%
8	GECC	5.276	29	3.25%	6	3.627	21	3.87%
9	Morgan Stanley	5.189	17	3.19%	20	0.375	2	0.40%
10	UBS	4.918	26	3.03%	3	8.455	3	9.02%
	Total	162.430	322	93.763	176
	Average size:	0.504	0.533
Second quarter
					2009 Comparables
	Lead	Amount	No.	Share	Rank	Amount	No.	Share
1	Bank of America	21.695	66	23.53%	4	5.795	33	8.06%
2	JPMorgan	13.264	40	14.39%	3	6.178	22	8.60%
3	Deutsche Bank	8.879	25	9.63%	9	1.133	6	1.58%
4	Barclays	5.776	26	6.26%	10	0.851	5	1.18%
5	Credit Suisse	5.527	18	5.99%	11	0.822	5	1.14%
6	Citigroup	3.800	13	4.12%	5	2.653	8	3.69%
7	UBS	3.331	16	3.61%	16	0.400	1	0.56%
8	Morgan Stanley	3.182	11	3.45%	18	0.375	2	0.52%
9	BNP Paribas	2.926	12	3.17%	12	0.747	3	1.04%
10	Wells Fargo	2.753	18	2.99%	8	1.843	10	2.56%
	Total	92.201	184	71.854	116
	Average size:	0.501	0.619
June
					2009 Comparables
	Lead	Amount	No.	Share	Rank	Amount	No.	Share
1	Bank of America	5.146	15	21.68%	3	1.615	14	3.59%
2	JPMorgan	4.909	9	20.68%	4	1.532	6	3.40%
3	Deutsche Bank	2.804	5	11.81%	9	0.550	3	1.22%
4	Barclays	1.920	7	8.09%	8	0.625	3	1.39%
5	Citigroup	1.110	3	4.68%	5	1.028	3	2.28%
6	BNP Paribas	0.891	2	3.75%	24	0.117	1	0.26%
7	Keybank	0.770	4	3.24%	27	0.112	2	0.25%
8	HSBC	0.667	1	2.81%
9	GECC	0.663	5	2.79%	6	0.825	6	1.83%
10	SunTrust	0.556	3	2.34%
	Total	23.733	48	45.036	46
	Average size:	0.494	0.979
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 they are rated speculative-grade by Moody's Investors Service or Standard & Poor's or, if unrated, the interest rate margin is 150 bps or higher.

• 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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