Friday, March 30, 2007

UPDATE 1-US syndicated loan issuance rises to $380 bln in Q1

(Reuters) - Leveraged loans for non-investment grade companies totaled $216 billion in the first quarter, up 65 percent from the first quarter a year earlier, when $131 billion was recorded, Reuters LPC said.

J.P. Morgan led U.S. loan underwriting, followed by Bank of America and Citigroup , Reuters LPC data showed. J.P. Morgan also was the lead underwriter for leveraged loans.


Read more at Reuters.com New Issues News

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