MEMPHIS, TENN. (March 17, 2008) — Morgan Keegan & Company, Inc. announced that veteran public finance investment banker David H. Gray has joined the firm as a managing director in the firm’s Atlanta investment banking office. Prior to joining Morgan Keegan, Gray was a public finance investment banker at Citi.
“David is a talented and well-respected public finance banker with more than 30 years’ experience in the industry,” said Robert A. Baird, an executive managing director at Morgan Keegan and head of fixed income capital markets investment banking. “He has distinguished himself as a problem solver who provides innovative solutions to issuers’ complex financing needs. At Morgan Keegan, David will focus on public finance clients in North and South Carolina and Georgia, providing the expertise and problem solving abilities for which he is known.”
Gray most recently served as director of the southeast region for Citi, where he developed a record of innovative transactions and consistent service to his municipal and healthcare clients in the region, according to Baird. A graduate of University of Virginia, Gray received his MBA degree from University of Georgia.
Morgan Keegan consistently ranks as one of the top municipal bond underwriters in the southeast region of the country and was the region’s largest underwriter in 2007, according to Thomson Financial, one of the nation’s leading municipal bond information services. The firm served as lead manager in the region last year on 236 issues with a par value of $4.2 billion. Nationally, the firm was the 11th lead underwriter in the country as manager on 556 issues with a par amount of $11 billion.
About Morgan Keegan & Company, Inc.
Morgan Keegan, one of the nation’s largest regional full-service brokerage and investment banking firms, is the securities brokerage subsidiary of Regions Financial Corporation (NYSE: RF). Headquartered in Memphis, Tennessee, Morgan Keegan has over 4,000 employees providing services in some 400 offices. More than 200 investment banking professionals provide services to multiple industries in 14 states. Additional information about Morgan Keegan is available at www.morgankeegan.com.
About Regions
Regions Financial Corporation is a member of the S&P Index and Forbes Magazine’s “platinum 400” list of America’s best big companies. With nearly $141 billion in assets, Regions is one of the nation’s largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates some 2,000 banking offices and more than 2,500 ATMs. Its investment and securities brokerage, trust and asset management division, Morgan Keegan & Company Inc., provides services from over 400 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.
Contact:
Melinda Rutland
Morgan Keegan & Company, Inc.
Marketing Coordinator
Fixed Income Banking
901/531-3259
melinda.rutland@morgankeegan.com
