Morgan Keegan is one of the nation's leading underwriters of municipal bonds. The firm was the eighth leading underwriter in the country in the first half of 2010, as senior manager on 326 issues with a par amount of $7.7 billion, according to Thomson Reuters. In addition, as an underwriter of Build America Bonds, Morgan Keegan was the #2 underwriter in the nation, in number of issues, as senior manager on 47 issues with a par amount of $1.8 billion. Also in the 2Qtr, the firm moved into the top ten ranking as an underwriter of large issues ($100 million and more). Morgan Keegan was also the leading underwriter of municipal bonds in the South Central region of the country and in the Southeast U.S. in number of issues.
First Half 2010 Rankings*:
National
Build America Bonds
Build America Bonds Competitive
South Central
Southeast
Southwest
Taxable — Competitive Issues
Bank Qualified
2009 Rankings*:
National
Build America Bonds
Build America Bonds Competitive
South Central
Southeast
Southwest
Northeast
Bank Qualified
*Source: Thomson Reuters