* Leveraged loan issuance totals $308.95 billion year to date
New York, Oct. 31 - JPMorgan remains the top arranger of leveraged loans so far this year, unchanged from the year through September, according to data compiled by Prospect News.
The firm has handled $62.93 billion of deals, well ahead of Banc of America in the number two place with $39.21 billion. Citigroup is third with $35.89 billion.
JPMorgan also placed first for October.
Total leveraged loan volume for the first 10 months of this year is $308.95 billion in 666 deals.
October's total new issuance was $35.76 billion, well above the $30.35 billion average for the previous nine months of this 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 2005
| Lead | Amount | No. | Share
|
| 1 | JPMorgan | 62.933 | 146 | 20.37%
|
| 2 | Banc of America | 39.205 | 130 | 12.69%
|
| 3 | Citigroup | 35.888 | 80 | 11.62%
|
| 4 | CSFB | 25.404 | 92 | 8.22%
|
| 5 | Deutsche Bank | 21.683 | 51 | 7.02%
|
| 6 | Lehman | 15.873 | 39 | 5.14%
|
| 7 | Wachovia | 14.448 | 56 | 4.68%
|
| 8 | Goldman Sachs | 13.866 | 42 | 4.49%
|
| 9 | UBS | 7.090 | 32 | 2.29%
|
| 10 | Merrill Lynch | 6.077 | 24 | 1.97%
|
| Total | 308.948 | 666 |
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| Average size: | 0.464 |
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| October 2005
|
| Lead | Amount | No. | Share
|
| 1 | JPMorgan | 9.677 | 19 | 27.06%
|
| 2 | Citigroup | 3.492 | 9 | 9.76%
|
| 3 | Banc of America | 3.391 | 12 | 9.48%
|
| 4 | Goldman Sachs | 2.726 | 8 | 7.62%
|
| 5 | CSFB | 2.057 | 7 | 5.75%
|
| 6 | Deutsche Bank | 1.874 | 5 | 5.24%
|
| 7 | Merrill Lynch | 1.296 | 3 | 3.62%
|
| 8 | TD | 1.225 | 2 | 3.43%
|
| 9 | BNP Paribas | 1.200 | 2 | 3.36%
|
| 10 | UBS | 1.087 | 4 | 3.04%
|
| Total | 35.762 | 78 |
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| Average size: | 0.458 |
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| Prospect News Leveraged Loan Arranger Rankings
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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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