February 13, 2006
MEMPHIS, Tenn. (February 10, 2006) - Morgan Keegan & Company, Inc. was once again the leading underwriter of municipal bond issues in the south central region of the United States for 2005 according to Thomson Financial, one of the nation's leading municipal bond information services.
For the 13th consecutive year, Morgan Keegan dominated municipal bond underwriting in the South Central Region, which includes Alabama, Arkansas, Kentucky, Louisiana, Mississippi, and Tennessee. Morgan Keegan managed 287 issues with a par value of $7.2 billion, earning a 36 percent market share and the #1 ranking over national and regional competitors.
Additionally, Morgan Keegan ranked #1 in Alabama and Tennessee in terms of total par value managed. Morgan Keegan ranked #1 in Louisiana in terms of number of issues managed.
Furthermore, Morgan Keegan was one of the largest underwriters in the country for the year. The firm managed 738 issues totaling over $30 billion in aggregate par value.
"Providing quality investment banking services to municipal issuers in the South Central United States is a primary focus for our firm," says Robert A. Baird, executive managing director at Morgan Keegan and head of the firm's Fixed Income Banking Group. "Our bankers have established strong and enduring relationships with clients throughout the state, and we are pleased that our extensive resources and experience continue to produce results that exceed our clients' expectations. Our goal is to be the first choice for all prospective issuers."
Contact
Eric Bran
Morgan Keegan & Company
901/524-4114
