Syndicated Loans - Bloomberg
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<strong>Bloomberg</strong>Table of Contents<strong>Bloomberg</strong> 2013 1st HalfGlobal <strong>Syndicated</strong> <strong>Loans</strong> League Tables07/01/20131 . Introduction2 . U.S. <strong>Loans</strong>3 . U.S. Leveraged <strong>Loans</strong>4 . Canada <strong>Loans</strong>5 . Latin America <strong>Loans</strong> Mandated Arranger6 . Latin America <strong>Loans</strong> Book Runner7 . EMEA <strong>Loans</strong> Mandated Arranger8 . EMEA <strong>Loans</strong> Book Runner9 . EMEA High Yield <strong>Loans</strong> Mandated Arranger10 . EMEA High Yield <strong>Loans</strong> Book Runner11 . EMEA Sponsor-led Lev <strong>Loans</strong> MandatedArranger12 . EMEA Sponsor-led Leveraged <strong>Loans</strong> BookFrom revolvers to leveraged loans, <strong>Bloomberg</strong>'s syndicated loan league tables are your one-stop shop for constantand timely access to the most comprehensive information available on mandated arranger representation.Just type LEAG for underwriter rankings or LALT for legal adviser rankings and then click on the red'Select a Market' button in the top left of your screen to view a complete range of rankings available for fixed income,equity, equity-linked and syndicated loans. Alternatively, press the green key on your BLOOMBERGPROFESSIONAL(R) for further instructions.VISIT {NI LEAG CRL } TO DOWNLOAD COPIES OF THE FULL RELEASE AND A FULL RANGE OFMARKET SPECIFIC LEAGUE TABLE RESULTS.13 .14 .15 .16 .17 .18 .19 .20 .21 .22 .23 .RunnerEMEA Investment Grade <strong>Loans</strong> MandatedArrangerEMEA Investment Grade <strong>Loans</strong> BookRunnerEMEA Islamic <strong>Loans</strong> Mandated ArrangerWestern Europe <strong>Loans</strong> Mandated ArrangerWestern Europe <strong>Loans</strong> Book RunnerAsia ex-Japan <strong>Loans</strong> Mandated ArrangerAsia ex-Japan <strong>Loans</strong> Book RunnerAsia-Pac ex-Japan <strong>Loans</strong> MandatedArrangerAsia-Pac ex-Japan <strong>Loans</strong> Book RunnerAustralia/NZ <strong>Loans</strong> Mandated ArrangerAustralia/NZ <strong>Loans</strong> Book RunnerDue to the dynamic nature of the Professional Service product, league table rankings may vary between thisrelease and data found on the <strong>Bloomberg</strong> Professional Service.For data submissions or queries, please contact:AmericasEMEAAsia-PacContactPaul BandongCharlotte HowellIsabella KwanPhoneFor 24 hour global customer support call+1 212 318 2000 +44 20 7330 7500 +65 6212 1000 +81 3 3201 8900or press the HELP key twice on the BLOOMBERG PROFESSIONAL(R) service.FaxEmail+1-609-279-5187 +1-646-268-5455 pbandong1@bloomberg.net+44-20-7330-7326+852-2977-4638+44-20-7073-5305+852-2977-4688chowell10@bloomberg.netikwan1@bloomberg.netLEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Regional Deal Activity• For the first half of 2013, total volume for U.S. loans was $1,018.9 billion, an increase of 40% comparedto the same period in 2012 including refinanced debt. Issuance was 115% of the same period in 2012 with1,808 deals closing in the first half of 2013.• U.S. leveraged loan volume for the first half of 2013 was $606 billion, an increase of 50% from the sameperiod in 2012 including refinanced debt. 1,183 deals were issued in the leveraged loan market in the firsthalf of 2013, 140% of the issuance for the same period in 2012.• Volume for the first half of 2013 in EMEA was $351.5 billion, a decrease of 16% from the same period in2012. Issuance was 72% of the same period in 2012 with 466 deals.• 577 syndicated deals were completed in the Asia Pacific ex‐Japan region in the first half of 2013, totaling$175.3 billion. In comparison to 2012, the total volume decreased by 1% from $177.5 billion.Industry Sector Deal Activity• The top three industries globally were financial, consumer cyclical, and consumer non‐cyclical, whichcollectively account for 47% of total deal activity year to date in 2013.• For the first half of 2013, consumer cyclical was the leading industry in the U.S., followed closely byconsumer non‐cyclical.• The top three industries within the EMEA region were financial, utilities, and basic materials. Thesesectors account for 44% of total syndicated loan activity during the first half of 2013.• The financial sector was the largest contributor accounting for 21% of deal activity within the APAC ex‐Japan region.Heat Map: 1 st Half 2013 Volume by RegionGlobal <strong>Syndicated</strong> <strong>Loans</strong> Market ReviewTotal Volume by Industry (1 st Half 2013)9%8%11%8%4% 2%12%Financial Consumer, Cyclical Consumer, Non‐Cyclical16%15%15%Industrial Energy CommunicationUtilities Basic Materials TechnologyDiversifiedNorth America (84%)Asia Pacific (6%)Western Europe (4%)Eastern Europe (3%)Middle East & Africa (2%)Latin America & Caribbean (1%)LEAG LREP LMX LALT LEAG LREP © 2013 <strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>SummaryNumber of Deals 1808Volume (Mln) $1,018,910Average Deal Size (Mln) $564US <strong>Syndicated</strong> <strong>Loans</strong> 1 st Half 2013 Notable HighlightsGlobal <strong>Syndicated</strong> <strong>Loans</strong> Market ReviewDate Issuer Underwriter Deal Type Amount (Mln) Maturity05/14/13 DEPOSITORY TRUST COMPANY INC BAML, BARCS, BOC, DB, JPM RCF $14,621 201406/07/13 HJ HEINZ CO BARCS, CITI, JPM, WFC RCF, TL $11,500 202004/30/13 FORD MOTOR COMPANYBAML, BARCS, BNPPAR, CACIB, CITI, CS, DB, GS, HSBCL,RCFJPM, MS, MUFG, RBCCM, RBS, SMFGRP$10,700 2017Top UnderwriterUnderwriterJP MorganNumber of Deals 557Volume (Mln) $157,963Average Deal Size (Mln) $28406/05/13 WAL‐MART STORES INC BAML, BARCS, CITI, HSBCL, JPM, WFC RCF $9,400 201405/31/13 THERMO FISHER SCIENTIFIC BARCS, JPM Bridge‐TL $7,500 201402/06/13 NRG ENERGY INC CITI, CS, MS RCF, TL $6,113 201806/05/13 WAL‐MART STORES INC BAML, BARCS, CITI, HSBCL, JPM, WFC RCF $6,000 201802/28/13 UNIVISION COMMUNICATIONS BAML, BARCS, CS, DB, JPM, MIZUHO, NATIX, WFC RCF, TL $5,140 202001/29/13 NUVEEN INVESTMENTS INC BAML, CITI, DB, MS, RBCCM, UBS, WFC TL $5,122 201704/23/13 HCA INC BAML, BARCS, CITI, DB, JPM, WFC TL $5,099 2018INDUSTRYMARKET SHAREConsumer, Non‐cyclicalConsumer, CyclicalFinancialCommunicationsIndustrialEnergyUtilitiesTechnologyBasic MaterialsDiversified1st Half 20131st Half 20122%2%3%4%4%21%5%5%6%8%16%9%14%JP MorganBank of AmericaWells FargoCitiBarclaysCredit SuisseDeutscheGoldmanMorgan StanleyRBC CapRBSMitsubishi UFJOther$0 $50 $100 $150 $200 $250Total Volume (Bln)LEAG LREP LMX LALT LEAG LREP © 2013 <strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>SummaryNumber of Deals 1183Volume (Mln) $605,973Average Deal Size (Mln) $512Top UnderwriterUnderwriterBank of AmericaNumber of Deals 392Volume (Mln) $79,335Average Deal Size (Mln) $202US Leveraged <strong>Loans</strong> 1 st Half 2013 Notable HighlightsGlobal <strong>Syndicated</strong> <strong>Loans</strong> Market ReviewDate Issuer Underwriter Deal Type Amount (Mln) Maturity06/07/13 HJ HEINZ CO BARCS, CITI, JPM, WFC RCF, TL $11,500 202004/30/13 FORD MOTOR COMPANYBAML, BARCS, BNPPAR, CACIB, CITI, CS, DB, GS, HSBCL,RCFJPM, MS, MUFG, RBCCM, RBS, SMFGRP$10,700 201702/06/13 NRG ENERGY INC CITI, CS, MS RCF, TL $6,113 201802/28/13 UNIVISION COMMUNICATIONS BAML, BARCS, CS, DB, JPM, MIZUHO, NATIX, WFC RCF, TL $5,140 202001/29/13 NUVEEN INVESTMENTS INC BAML, CITI, DB, MS, RBCCM, UBS, WFC TL $5,122 201704/23/13 HCA INC BAML, BARCS, CITI, DB, JPM, WFC TL $5,099 201805/31/13 CLEAR CHANNEL COMMUNICATION CITI, CS, DB, GS, MS, WFC TL $5,000 201904/17/13 CSC HOLDINGS LLCBAML, BARCS, BNPPAR, CACIB, CITI, CS, DB, JPM,NATIX, RBCCM, RBS, SCOTIA, SUN, TDSECS, USBRCF, TL $4,809 202004/12/13 CHARTER COMMUNICATIONS OPERBAML, BARCS, CITI, CS, DB, GS, JPM, MS, RBCCM, SUN,UBS, USBRCF, TL $4,750 202105/28/13 SABINE PASS LIQUEFACTIONBBVA, CACIB, CS, HSBCL, ING, INTES, JPM, LLOYDS,MIZUHO, MS, MUFG, RBCCM, SCOTIA, SG, SMFGRP,STANDCTL $4,400 2020INDUSTRYMARKET SHAREConsumer, Non‐cyclicalConsumer, CyclicalCommunicationsFinancialIndustrialTechnologyEnergyBasic MaterialsUtilitiesDiversified1st Half 20131st Half 20123%3%4%5%7%21%7%7%13%7%7%12%8%Bank of AmericaJP MorganCredit SuisseCitiBarclaysWells FargoGoldmanDeutscheMorgan StanleyRBC CapUBSGE CapitalOther$0 $40 $80 $120 $160Total Volume (Bln)LEAG LREP LMX LALT LEAG LREP © 2013 <strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>SummaryNumber of Deals 233Volume (Mln) $103,771Average Deal Size (Mln) $445Top UnderwriterUnderwriterRBC Capital MarketsNumber of Deals 49Volume (Mln) $21,855Average Deal Size (Mln) $446Canada <strong>Syndicated</strong> <strong>Loans</strong> 1 st Half 2013 Notable HighlightsGlobal <strong>Syndicated</strong> <strong>Loans</strong> Market ReviewDate Issuer Underwriter Deal Type Amount (Mln) Maturity05/24/13 POTASH CORP OF SASKATCHEWAN BMO, RBCCM, SCOTIA RCF $3,500 201806/28/13 ENCANA CORP CIBC, RBCCM RCF $3,327 201802/25/13 MEG ENERGY CORP BARCS, BMO RCF, TL $3,288 202003/19/13 TALISMAN ENERGY RBCCM RCF $2,922 201805/29/13 CANADIAN NATURAL RESOURCES RBCCM RCF $2,898 201704/24/13 AGRIUM INC BMO, RBCCM, SCOTIA RCF $2,500 201706/20/13 MAGNA INTERNATIONAL INC BAML, BNPPAR, CITI, SCOTIA RCF $2,250 201801/30/13 BOMBARDIER RECREATIONAL BAML, BMO, RBCCM, UBS RCF, TL $2,180 201906/25/13 TECK RESOURCES LIMITED CIBC, JPM RCF $2,000 201804/08/13 HYDRO‐QUEBEC CIBC, HSBCL, RBCCM, TDSECS RCF $2,000 201803/08/13 GOLDCORP INC BMO, CIBC, SCOTIA RCF $2,000 2018INDUSTRYMARKET SHAREFinancialConsumer, Non‐cyclicalEnergyConsumer, CyclicalCommunications10%2% 2%3%7%21%RBC Capital MarketsBMO Capital MarketsScotiabankCIBCTD SecuritiesBasic MaterialsTechnologyIndustrialUtilitiesDiversified1st Half 20131st Half 201212%14%14%15%National Bank FinancialBank of AmericaJP MorganBarclaysOther$0 $10 $20 $30 $40Total Volume (Bln)LEAG LREP LMX LALT LEAG LREP © 2013 <strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Latin America <strong>Syndicated</strong> <strong>Loans</strong> 1 st Half 2013 Notable HighlightsGlobal <strong>Syndicated</strong> <strong>Loans</strong> Market ReviewNumber of Deals 37Volume (Mln) $11,597Average Deal Size (Mln) $313UnderwriterSummaryTop ArrangerNumber of Deals 7Volume (Mln) $1,453Average Deal Size (Mln) $208Date Issuer Mandated Lead Arranger Deal Type Amount (Mln) Maturity06/21/13 BANCO ITAU BBA NASSAUAGRIBK, BAML, BAYLB, BURGAN, CITI, COBA,TLMIZUHO, MUFG, NBAD, OVCB, SMFGRP, STANDC$1,500 201703/29/13 CERNAMBI NORTE MV 26 BV MIZUHO, MUFG, SMFGRP TL $1,170 203203/28/13 EMPRESA ELECTRICA COCHRANE HSBCL, JBIC, KOFINA, MIZUHO, MUFG, SMFGRP TL $1,000 203005/27/13 ECOPETROL SA BANBOG, BBVA TL $975 202502/15/13 GRUPO FINANCIERO BANORTE BAML, JPM, MS, MUFG TL $800 2014SMFGRP 04/16/13 TECHNIP ODEBRECHT PLSV CV DNBK, HSBCL, ITABBA, MUFG, SMFGRP, STANDC TL $584 202002/04/13 SC INTERNATIONAL MACAO ABN, BRADSC, BSSA, CDB, ITABBA, MIZUHO RCF, TL $500 201801/31/13 ECOPETROL SA CITI, JPM, MIZUHO, MUFG TL $427 202303/22/13 ECOPETROL SA CITI, JPM, MIZUHO, MUFG TL $420 202001/22/13 CI PRODECO SA CS, DB, MIZUHO, SG, STANDC RCF $400 2016INDUSTRYMARKET SHAREEnergy14%FinancialIndustrialBasic MaterialsConsumer, Non‐cyclicalDiversified1st Half 2013Consumer, Cyclical1st Half 2012Utilities$0 $1 $2 $3 $4 $5 $6Total Volume (Bln)Market Share12%10%8%6%4%2%0%SumitomoMitsuiFinancialGroup IncMitsubishiUFJFinancialMizuhoFinancialGroup IncBancoBilbaoVizcayaArgentaria1st Half 20131st Half 2012JP MorganLEAG LREP LMX LALT LEAG LREP © 2013 <strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>EMEA <strong>Syndicated</strong> <strong>Loans</strong> 1 st Half 2013 Notable HighlightsGlobal <strong>Syndicated</strong> <strong>Loans</strong> Market ReviewSummaryNumber of Deals 466Volume (Mln) $351,508Average Deal Size (Mln) $754Top ArrangerArrangerBNP ParibasNumber of Deals 136Volume (Mln) $21,835Average Deal Size (Mln) $161Date Issuer Mandated Lead Arranger Deal Type Amount (Mln) Maturity06/13/13 GLENCORE INTERNATIONAL PLCANZ,BAML,BARCS,BBVA,BMO,BNPPAR,BSSA,CACIB,CITI,COBA,CS,DB,DBS,HSBCL,ING,JPM,LLOYDS,MIZUHO,MS,MUFG,RABO, RCF $17,340 2014/16/18RBCCM,RBS,SG,SMFGRP,STANDC,TDSECS,UBS,UNICRD02/08/13 ENEL SPABARCS,BBVA,BNPPAR,BPOPSC,BPSO,BRGAMO,BSSA,CACIB,CAIXA,CITI,CRBERG,CS,CTRBCA,DB,HSBCL,ING,INTES,JPM,MEDBCA,MIZUHO,MUFG,NATIX,RBS,SG,SIENA,SMFGRP,UBS,RCF $12,616 2018UNICRD02/13/13 ROSNEFT OAOBAML,BARCS,BNPPAR,BOC,CACIB,CITI,ING,INTES,JPM,MIZUHO,MUFG,NATIX,SG,UNICRDBridge‐TL $11,880 201503/21/13 ALSTOM HOLDINGS BNPPAR,CACIB,CM‐CIC,HSBCL,NATIX,SG,UNICRD RCF $11,609 201605/24/13 ROS‐GIP LTD BAML,BNPPAR,BSSA,CITI,CS,DB,HSBCL,JPM,MS,SG TL $8,320 201801/22/13 CONTINENTAL AGBAML,BNPPAR,BOC,CACIB,CITI,COBA,DB,DZBK,HELABA,HSBCL,ING,JPM,LBBW,MEDBCA,RBS,SEB,SMFGRP,UNICRD,WGZRCF, TL $5,995 201801/11/13 BANQUE PSA FINANCE BANPOS,BNPPAR,CACIB,CM‐CIC,HSBCL,NATIX,SG TL $5,469 201803/18/13 ANGLO AMERICAN PLCANZ,BAML,BARCS,BBVA,BNPPAR,BOC,BSSA,CACIB,CITI,COBA,CS,EXDEVC,GS,HSBCL,JPM,LLOYDS,MIZUHO,MS,MUFG, RCF $5,000 2018NAB,RBCCM,RBS,SCOTIA,SMFGRP,STANDC,TDSECS,UBS,WPAC06/07/13 VIRGIN MEDIA INVESTMENT HLD BAML,BARCS,BNPPAR,CS,DB RCF, TL $4,661 202001/04/13 CAISSE CENTRALE DE LA MUTUA BNPPAR,CACIB RCF $4,509 2013INDUSTRYMARKET SHAREFinancial7%Basic Materials6%Utilities5%IndustrialConsumer, Cyclical4%3%1st Half 20131st Half 2012CommunicationsEnergyConsumer, Non‐cyclicalDiversifiedTechnology1st Half 20131st Half 20122%1%0%BNP Paribas HSBC DeutscheBankUnicreditSocieteGenerale1st Half 2011$0 $20 $40 $60 $80 $100Total Volume (Bln)LEAG LREP LMX LALT LEAG LREP © 2013 <strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>SummaryNumber of Deals 577Volume (Mln) $175,340Average Deal Size (Mln) $304Top ArrangerUnderwriterState Bank of IndiaNumber of Deals 34Volume (Mln) $12,918Average Deal Size (Mln) $380APAC ex‐Japan <strong>Syndicated</strong> <strong>Loans</strong> 1 st Half 2013 Notable HighlightsGlobal <strong>Syndicated</strong> <strong>Loans</strong> Market ReviewDate Issuer Mandated Lead Arranger Deal Type Amount Maturity06/12/13 CP ALL PCL BNGKBK, HSBCL, KRNGTH, SIAMCM, SMFGRP, STANDC, UBS Bridge‐TL $6,000 201402/19/13 CNOOC CANADA HOLDING LTDAGRIBK, ANZ, BAML, BMO, BOC, BSSA, CBA, CCB, CDB, CITI, CS, DB,DBS, HSBCL, ICBKC, SCOTIA, SG, UBS, UOB, WESTPCBridge‐TL $6,000 201405/22/13 TATA STEEL ODISHA LTD AXIS, HDFCIN, ICICI, PUNJAB, SBI TL $4,110 202506/06/13 VODAFONE HUTCHISON FINANCEANZ, BAML, BARCS, CACIB, CBA, CCB, CITI, DB, DBS, HSBCL, JPM,LLOYDS, MIZUHO, OVCHBC, RBS, SCOTIA, SEB, SMFGRP, SVSKHB, TL $3,500 2015TDSECS, UOB01/29/13 ONGC PETRO‐ADDITIONS LTD SBI TL $2,785 202606/04/13NGHI SON REFINERY &ANZ, CACIB, COBA, DBS, HSBCL, KDB, MIZUHO, MUFG, NATIX,PETROCHEMNORIN, OVCHBC, SERVIZ, SG, SHNSEI, SMFGRP, SMTRUS, UKTL $2,750 202906/27/13 AURIZON NETWORK PTY LTD ANZ, BAML, CBA, MIZUHO, MUFG, NAB, RBCCM, SMFGRP, WESTPC RCF, TL $2,319 201806/10/13 VITOL ASIA PTE LTDAGRIBK, ANZ, BOC, CBA, CHINAT, DBS, HSBCL, ING, KBC, MANDIR,NAB, OVCHBC, SMFGRP, STANDC, UOB, WESTPCRCF $2,210 201403/28/13 SUZLON ENERGY LTD SBI RCF, TL $2,203 202206/06/13 SENOKO ENERGY SUPPLY PTE DBS, MIZUHO, MUFG, OVCHBC, SMFGRP TL $2,089 2020INDUSTRYMARKET SHAREFinancialIndustrialEnergyConsumer, CyclicalBasic MaterialsConsumer, Non‐cyclicalDiversifiedUtilitiesCommunicationsTechnology1st Half 20131st Half 20123%7%7%9%13% Australia & NZ23%IndiaHong KongChinaSingaporeTaiwan15%KoreaMalaysia10%13%Other$0 $10 $20 $30 $40Total Volume (Bln)LEAG LREP LMX LALT LEAG LREP © 2013 <strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesU.S. <strong>Loans</strong>1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)JP Morgan 1 15.5 157,963557 1 17.6 (2.1)Bank of America Merrill Lynch 2 14.4 146,867625 2 15.0 (0.6)Wells Fargo & Co 3 9.0 91,696395 4 9.4 (0.4)Citi 4 8.4 85,631269 3 10.3 (1.9)Barclays 5 6.2 63,549224 5 5.2 1.0Credit Suisse 6 5.2 52,497212 9 3.0 2.2Deutsche Bank AG 7 4.7 47,887197 7 3.1 1.6Goldman Sachs & Co 8 4.1 42,072186 11 2.5 1.6Morgan Stanley 9 3.9 39,713165 6 3.4 0.5RBC Capital Markets 10 2.7 27,286123 12 2.4 0.3RBS 11 2.3 23,860122 8 3.1 (0.8)Mitsubishi UFJ Financial 12 1.9 19,86187 10 2.9 (1.0)UBS 13 1.8 18,557103 19 1.3 0.5General Electric Capital Corp 14 1.6 16,644134 18 1.3 0.3BNP Paribas Group 15 1.6 15,88553 14 1.8 (0.2)US Bancorp 16 1.5 15,707115 13 1.8 (0.3)HSBC Bank PLC 17 1.5 14,81350 22 0.7 0.8SunTrust Robinson Humphrey 18 1.4 13,931106 16 1.5 (0.1)PNC Bank 19 1.2 12,723120 15 1.8 (0.6)KeyBanc Capital Markets 20 1.0 10,51888 17 1.5 (0.5)TOTAL 100% 1,018,9101,808 726,380 100%Includes all eligible U.S. loans. Volume in USD millions.600,000550,000500,000450,000400,000350,000300,000Basic Materials 4.73%Consumer Prod/Svcs 37.67%Financial 15.99%Industrial 10.50%Oil/Gas/Elect 15.81%Tech/Comm 15.31%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals11001000900800700600250,000500200,000400150,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2300LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesU.S. Leveraged <strong>Loans</strong>1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Bank of America Merrill Lynch 1 13.1 79,335392 1 13.8 (0.7)JP Morgan 2 11.8 71,371299 2 13.2 (1.4)Credit Suisse 3 8.0 48,297196 5 6.1 1.9Citi 4 7.4 44,758155 4 6.2 1.2Barclays 5 7.3 44,353177 6 5.3 2.0Wells Fargo & Co 6 7.1 43,127203 3 8.9 (1.8)Goldman Sachs & Co 7 6.5 39,274172 7 4.9 1.6Deutsche Bank AG 8 6.5 39,219172 8 4.6 1.9Morgan Stanley 9 5.4 32,967143 9 4.4 1.0RBC Capital Markets 10 3.8 22,830103 10 4.0 (0.2)UBS 11 2.7 16,54795 12 2.5 0.2General Electric Capital Corp 12 2.6 15,512122 11 2.9 (0.3)Jefferies LLC 13 1.7 10,40163 14 2.0 (0.3)SunTrust Robinson Humphrey 14 1.6 9,87080 13 2.3 (0.7)KeyBanc Capital Markets 15 1.1 6,87062 17 1.7 (0.6)BMO Capital Markets 16 1.1 6,78570 16 1.7 (0.6)RBS 17 1.0 6,20751 15 2.0 (1.0)US Bancorp 18 1.0 5,89449 20 1.3 (0.3)PNC Bank 19 0.9 5,41862 21 1.0 (0.1)BNP Paribas Group 20 0.8 5,01727 18 1.5 (0.7)TOTAL 100% 605,9731,183 302,990 100%Includes all eligible U.S. leveraged loans (spread of 225bp or more). <strong>Loans</strong> must be rated less than investment grade by at least one rating agency or notrated at all. Volume in USD millions.320,000280,000240,000200,000160,000120,00080,000Basic Materials 4.46%Consumer Prod/Svcs 44.58%Financial 10.22%Industrial 8.84%Oil/Gas/Elect 10.55%Tech/Comm 21.35%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals70065060055050045040035030025040,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2200LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesCanada <strong>Loans</strong>1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)RBC Capital Markets 1 21.1 21,85549 4 12.4 8.7BMO Capital Markets 2 14.6 15,15346 5 7.7 6.9Scotiabank 3 13.7 14,22247 3 13.8 (0.1)CIBC 4 13.6 14,10944 2 19.8 (6.2)TD Securities 5 12.1 12,60745 1 20.3 (8.2)National Bank Financial Inc 6 7.3 7,56337 6 6.5 0.8Bank of America Merrill Lynch 7 3.2 3,35817 13 1.2 2.0JP Morgan 8 2.3 2,3548 8 2.9 (0.6)Barclays 9 2.2 2,2485 19 0.3 1.9HSBC Bank PLC 10 1.5 1,59412 10 1.7 (0.2)Citi 11 1.3 1,3704 7 3.4 (2.1)BNP Paribas Group 12 1.1 1,0993 17 0.5 0.6RBS 13 1.0 1,0004 18 0.4 0.6UBS 14 0.6 6594 11 1.3 (0.7)Mitsubishi UFJ Financial 15 0.6 5912 12 1.2 (0.6)Desjardins Capital Markets 16 0.6 5745 9 1.7 (1.1)Morgan Stanley 17 0.4 4664 14 0.9 (0.5)Mizuho Financial Group Inc 18 0.4 3732 29 0.1 0.3General Electric Capital Corp 19 0.3 3464 28 0.1 0.2Standard Chartered Bank 20 0.3 3201 - --TOTAL 100% 103,771233 102,515 100%80,00070,00060,00050,00040,000Basic Materials 19.66%Consumer Prod/Svcs 14.41%Financial 6.57%Industrial 10.15%Oil/Gas/Elect 43.80%Tech/Comm 5.41%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals180160140120100Includes all eligible Canadian loans. Table based on Loan Arranger. Volume in USD millions.30,0008020,0006010,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q240LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesLatin America <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Sumitomo Mitsui Financial Group Inc 1 12.5 1,4537 2 7.5 5.0Mitsubishi UFJ Financial 2 11.6 1,3419 1 11.5 0.1Mizuho Financial Group Inc 3 9.1 1,0577 8 3.8 5.3Banco Bilbao Vizcaya Argentaria 4 7.6 8778 3 7.3 0.3JP Morgan 5 4.6 5375 9 3.0 1.6Banco de Bogota 6 4.2 4871 32 0.7 3.5Citi 7 4.2 4826 10 2.8 1.4Bank of America Merrill Lynch 8 4.1 4734 24 1.2 2.9Standard Chartered Bank 9 3.9 4555 19 1.6 2.3HSBC Bank PLC 10 3.5 4055 4 5.6 (2.1)Banco Itau BBA SA 11 3.3 3789 5 5.6 (2.3)ING Groep NV 12 2.6 3052 7 4.5 (1.9)Morgan Stanley 13 2.4 2752 23 1.2 1.2Burgan Bank SAK 14 1.7 2002 - --Commerzbank AG 14 1.7 2002 - --Banco Santander SA 16 1.6 1804 6 4.8 (3.2)Japan Bank for International Cooperation 17 1.4 1671 26 0.9 0.5Korea Finance Corp 17 1.4 1671 - --Agricultural Bank of China Ltd 19 1.1 1251 - --BayernLB 19 1.1 1251 - --TOTAL 100% 11,597 37 17,774 100%14,00012,00010,0008,000Basic Materials 6.37%Consumer Prod/Svcs 7.47%Financial 34.26%Industrial 7.69%Oil/Gas/Elect 44.22%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals4440363228246,00020164,0002011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q212LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesLatin America <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Mitsubishi UFJ Financial 1 15.5 1,7188 3 8.9 6.6Mizuho Financial Group Inc 2 13.3 1,4737 4 8.4 4.9Sumitomo Mitsui Financial Group Inc 3 11.1 1,2315 10 4.3 6.8Standard Chartered Bank 4 8.6 9585 15 1.8 6.8Banco Bilbao Vizcaya Argentaria 5 8.1 8987 7 4.7 3.4Banco Itau BBA SA 6 5.2 5794 1 21.2 (16.0)JP Morgan 7 4.5 4954 11 3.0 1.5Banco de Bogota 8 4.4 4871 32 0.1 4.3BNP Paribas Group 9 3.4 3801 6 5.7 (2.3)Citi 10 3.4 3785 5 5.9 (2.5)DnB ASA 11 2.6 2921 - --HSBC Bank PLC 12 2.4 2672 2 9.3 (6.9)Bank of America Merrill Lynch 13 2.2 2402 - --ING Groep NV 14 2.0 2251 14 2.4 (0.4)Morgan Stanley 15 1.8 2001 12 2.8 (1.0)Japan Bank for International Cooperation 16 1.5 1671 18 1.3 0.2Korea Finance Corp 16 1.5 1671 - --Banco Santander SA 18 1.5 1642 8 4.4 (2.9)Wells Fargo & Co 19 1.4 1532 - --ABN Amro Bank NV 20 1.1 1251 23 0.5 0.6TOTAL 100% 11,095 30 12,697 100%14,00012,00010,0008,0006,000Basic Materials 5.77%Consumer Prod/Svcs 6.41%Financial 35.81%Industrial 6.10%Oil/Gas/Elect 45.91%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals403632282420164,000122,0002011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q28LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)BNP Paribas Group 1 6.2 21,835136 2 5.0 1.2HSBC Bank PLC 2 5.6 19,556139 4 4.5 1.1Deutsche Bank AG 3 5.0 17,623105 3 4.6 0.4UniCredit 4 4.4 15,581103 11 3.0 1.4Societe Generale 5 4.3 15,044101 5 3.6 0.7Credit Agricole CIB 6 4.0 14,18678 6 3.5 0.5Bank of America Merrill Lynch 7 3.8 13,27772 17 2.0 1.8RBS 8 3.7 12,86698 1 5.4 (1.7)Barclays 9 3.4 11,937101 9 3.3 0.1Citi 10 3.4 11,82373 8 3.4-ING Groep NV 11 3.2 11,24992 12 2.8 0.4JP Morgan 12 2.9 10,33666 7 3.5 (0.6)Natixis 13 2.7 9,47755 21 1.7 1.0Commerzbank AG 14 2.3 8,04784 14 2.5 (0.2)Mitsubishi UFJ Financial 15 1.9 6,66246 19 1.8 0.1Lloyds TSB Corporate Markets 16 1.9 6,64562 15 2.2 (0.3)Banco Santander SA 17 1.8 6,45154 10 3.2 (1.4)Sumitomo Mitsui Financial Group Inc 18 1.7 6,00245 29 1.0 0.7Goldman Sachs & Co 19 1.5 5,33336 26 1.3 0.2Morgan Stanley 20 1.5 5,31627 34 0.8 0.7TOTAL 100% 351,508466 417,824 100%Includes all eligible European, Middle Eastern and African loans. Volume in USD millions.320,000300,000280,000260,000240,000220,000200,000180,000Basic Materials 12.25%Consumer Prod/Svcs 20.33%Financial 22.12%Industrial 11.57%Oil/Gas/Elect 22.39%Tech/Comm 11.34%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals480440400360320280160,000140,000240120,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2200LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)BNP Paribas Group 1 7.2 21,05890 2 5.4 1.8Deutsche Bank AG 2 5.6 16,43062 1 6.0 (0.4)Credit Agricole CIB 3 5.4 15,86247 7 3.8 1.6Societe Generale 4 5.3 15,37861 10 3.6 1.7HSBC Bank PLC 5 4.6 13,32269 9 3.7 0.9UniCredit 6 4.5 13,02362 13 3.1 1.4Bank of America Merrill Lynch 7 4.0 11,54646 17 2.5 1.5RBS 8 3.8 11,17260 4 4.7 (0.9)Natixis 9 3.7 10,84440 21 1.6 2.1Citi 10 3.7 10,71644 5 4.3 (0.6)JP Morgan 11 3.7 10,66947 3 5.1 (1.4)ING Groep NV 12 3.4 9,97557 14 3.0 0.4Barclays 13 3.3 9,72254 11 3.3-Banco Bilbao Vizcaya Argentaria 14 2.8 8,21728 8 3.8 (1.0)Commerzbank AG 15 2.6 7,47953 12 3.2 (0.6)Mitsubishi UFJ Financial 16 2.0 5,80229 20 1.8 0.2Lloyds TSB Corporate Markets 17 1.9 5,66433 19 2.1 (0.2)Sumitomo Mitsui Financial Group Inc 18 1.7 4,81926 38 0.5 1.2Intesa Sanpaolo SpA 19 1.5 4,41217 37 0.5 1.0Goldman Sachs & Co 20 1.4 4,19121 24 1.4-TOTAL 100% 291,407330 333,463 100%280,000260,000240,000220,000200,000180,000Basic Materials 13.63%Consumer Prod/Svcs 21.04%Financial 20.31%Industrial 9.03%Oil/Gas/Elect 24.42%Tech/Comm 11.58%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals320300280260240220Includes all eligible European, Middle Eastern and African loans. Volume in USD millions.160,000200140,000180120,000160100,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2140LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA High Yield <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Deutsche Bank AG 1 7.8 6,01530 9 4.5 3.3Bank of America Merrill Lynch 2 6.6 5,06422 26 1.1 5.5BNP Paribas Group 3 6.2 4,78427 7 5.3 0.9HSBC Bank PLC 4 5.2 4,03725 12 3.0 2.2UniCredit 5 5.0 3,82419 13 2.6 2.4RBS 6 5.0 3,82417 8 5.2 (0.2)JP Morgan 7 4.4 3,40020 10 4.0 0.4Citi 8 4.2 3,25116 16 2.1 2.1Barclays 9 4.0 3,07921 17 2.0 2.0Goldman Sachs & Co 10 4.0 3,05417 11 3.3 0.7ING Groep NV 11 3.9 3,01423 24 1.2 2.7Morgan Stanley 12 2.9 2,21710 19 1.6 1.3Nomura Holdings Inc 13 2.8 2,1629 14 2.2 0.6Commerzbank AG 14 2.3 1,79113 15 2.2 0.1Credit Agricole CIB 15 2.1 1,64612 21 1.5 0.6Credit Suisse 16 2.1 1,64511 18 1.7 0.4Lloyds TSB Corporate Markets 17 2.1 1,64312 23 1.3 0.8Societe Generale 18 2.1 1,59519 22 1.4 0.7Rabobank Nederland 19 1.8 1,3744 35 0.4 1.4Scotiabank 20 1.6 1,2378 99 - 1.6TOTAL 100% 77,17085 114,402 100%Includes all eligible European, Middle Eastern and African High Yield loans (spread of 300bp or more). <strong>Loans</strong> must be rated less than investment gradeby at least one rating agency or not rated at all. Volume in USD millions.80,00070,00060,00050,00040,00030,000Basic Materials 4.30%Consumer Prod/Svcs 33.39%Financial 26.23%Industrial 8.49%Oil/Gas/Elect 5.42%Tech/Comm 22.17%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals110100908070605020,0004010,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q230LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA High Yield <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Deutsche Bank AG 1 9.0 6,20923 7 5.4 3.6Bank of America Merrill Lynch 2 7.3 5,05920 23 1.1 6.2BNP Paribas Group 3 6.1 4,20817 8 5.4 0.7JP Morgan 4 5.7 3,91618 6 5.7-UniCredit 5 5.6 3,87811 15 2.0 3.6RBS 6 5.0 3,42514 9 4.3 0.7Citi 7 4.5 3,08513 18 1.5 3.0Goldman Sachs & Co 8 4.2 2,88214 10 4.0 0.2HSBC Bank PLC 9 4.0 2,76615 12 3.2 0.8ING Groep NV 10 4.0 2,73116 24 1.0 3.0Barclays 11 3.9 2,71214 13 2.1 1.8Nomura Holdings Inc 12 3.3 2,2879 11 3.9 (0.6)Morgan Stanley 13 3.2 2,1829 17 1.5 1.7Lloyds TSB Corporate Markets 14 2.5 1,6939 21 1.4 1.1Credit Suisse 15 2.4 1,65510 16 2.0 0.4Credit Agricole CIB 16 2.0 1,3867 19 1.5 0.5Rabobank Nederland 17 2.0 1,3613 41 0.2 1.8Commerzbank AG 18 2.0 1,3616 14 2.0-Societe Generale 19 1.7 1,20111 25 1.0 0.7Nordea 20 1.6 1,0744 29 0.6 1.0TOTAL 100% 68,95570 107,441 100%80,00070,00060,00050,00040,000Basic Materials 5.22%Consumer Prod/Svcs 37.36%Financial 21.58%Industrial 8.79%Oil/Gas/Elect 6.07%Tech/Comm 20.98%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals80706050Includes all eligible European, Middle Eastern and African High Yield loans (spread of 300bp or more). <strong>Loans</strong> must be rated less than investment gradeby at least one rating agency or not rated at all. Volume in USD millions.30,00020,000403010,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q220LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA Sponsor-led Lev <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Deutsche Bank AG 1 10.0 3,07315 4 6.5 3.5UniCredit 2 9.2 2,84010 16 2.3 6.9Goldman Sachs & Co 3 8.2 2,51811 3 6.9 1.3HSBC Bank PLC 4 7.8 2,41312 15 2.4 5.4BNP Paribas Group 5 6.9 2,12412 12 3.1 3.8Bank of America Merrill Lynch 6 6.4 1,97011 21 1.4 5.0JP Morgan 7 6.1 1,86711 5 6.1-Nomura Holdings Inc 8 5.7 1,7618 2 7.5 (1.8)Credit Agricole CIB 9 3.4 1,0368 6 4.9 (1.5)RBS 10 3.2 9726 1 9.1 (5.9)Lloyds TSB Corporate Markets 11 2.9 8858 9 3.7 (0.8)ING Groep NV 12 2.8 8559 18 1.9 0.9Barclays 13 2.3 7096 11 3.2 (0.9)Credit Suisse 14 2.2 6639 7 4.3 (2.1)Morgan Stanley 15 2.1 6326 13 3.0 (0.9)Nordea 16 1.9 5736 24 1.2 0.7Societe Generale 17 1.7 52310 19 1.9 (0.2)Raiffeisen Bank International Group 18 1.3 4133 46 0.2 1.1DnB ASA 19 1.3 3882 30 0.8 0.5ABN Amro Bank NV 20 1.2 3783 50 0.1 1.1TOTAL 100% 30,81351 32,381 100%Includes all eligible sponsor-led leveraged loans where the loan purpose is an acquisition, LBO, MBO or Recapitalization and the initial spread is 250basis points or more above the applicable benchmark. Volume in USD millions.28,00024,00020,00016,00012,0008,000Basic Materials 3.73%Consumer Prod/Svcs 52.49%Industrial 16.03%Oil/Gas/Elect 2.15%Tech/Comm 25.60%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals403632282420164,0001202010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q28LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA Sponsor-led Leveraged <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Deutsche Bank AG 1 12.5 3,43613 4 7.0 5.5UniCredit 2 11.5 3,1738 19 1.2 10.3Goldman Sachs & Co 3 9.0 2,46610 3 7.3 1.7JP Morgan 4 8.6 2,35911 2 8.7 (0.1)Bank of America Merrill Lynch 5 7.4 2,02811 18 1.4 6.0Nomura Holdings Inc 6 6.6 1,8198 1 13.3 (6.7)BNP Paribas Group 7 6.4 1,7658 12 3.2 3.2HSBC Bank PLC 8 4.9 1,3487 16 2.2 2.7Lloyds TSB Corporate Markets 9 3.2 8686 8 4.3 (1.1)Credit Agricole CIB 10 2.7 7374 6 5.1 (2.4)RBS 11 2.6 7084 5 5.6 (3.0)Barclays 12 2.5 6774 10 3.2 (0.7)ING Groep NV 13 2.4 6517 15 2.4-Credit Suisse 14 2.4 6488 7 4.8 (2.4)Morgan Stanley 15 2.3 6326 11 3.2 (0.9)Nordea 16 1.5 3993 20 1.1 0.4RBC Capital Markets 17 1.4 3874 22 1.1 0.3UBS 18 1.2 3224 13 2.8 (1.6)Societe Generale 19 1.0 2886 17 1.6 (0.6)ABN Amro Bank NV 20 1.0 2632 30 0.6 0.4TOTAL 100% 27,47343 30,826 100%Includes all eligible sponsor-led leveraged loans where the loan purpose is an acquisition, LBO, MBO or Recapitalization and the initial spread is 250basis points or more above the applicable benchmark. Volume in USD millions.28,00024,00020,00016,00012,0008,000Basic Materials 5.20%Consumer Prod/Svcs 57.00%Industrial 16.19%Oil/Gas/Elect 2.41%Tech/Comm 19.19%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals363228242016124,000802010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q24LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA Investment Grade <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)BNP Paribas Group 1 6.0 6,59932 5 5.9 0.1Deutsche Bank AG 2 5.9 6,41025 3 6.5 (0.6)Societe Generale 3 5.5 6,03728 7 5.2 0.3HSBC Bank PLC 4 5.0 5,51928 6 5.3 (0.3)Citi 5 4.3 4,74226 4 6.3 (2.0)Barclays 6 4.3 4,66328 1 7.0 (2.7)Credit Agricole CIB 7 4.2 4,62520 12 3.0 1.2Bank of America Merrill Lynch 8 4.2 4,58923 9 4.6 (0.4)Mitsubishi UFJ Financial 9 3.7 4,02220 11 3.8 (0.1)JP Morgan 10 3.5 3,79922 8 5.1 (1.6)UniCredit 11 3.4 3,67918 16 2.3 1.1RBS 12 3.2 3,53524 2 6.6 (3.4)Mizuho Financial Group Inc 13 3.1 3,37017 13 3.0 0.1ING Groep NV 14 3.0 3,29118 10 3.9 (0.9)Natixis 15 3.0 3,25412 19 1.7 1.3Sumitomo Mitsui Financial Group Inc 16 2.6 2,82117 20 1.4 1.2Banco Santander SA 17 2.2 2,41312 14 2.6 (0.4)Banco Bilbao Vizcaya Argentaria 18 2.2 2,37812 23 1.0 1.2Commerzbank AG 19 2.1 2,25417 17 1.9 0.2Intesa Sanpaolo SpA 20 2.0 2,1378 28 0.8 1.2TOTAL 100% 109,43748 99,870 100%Includes all eligible EMEA Investment Grade loans where the initial spread is less than 350 basis points above the applicable benchmark. Volume in USDmillions.140,000120,000100,00080,00060,00040,000Basic Materials 29.31%Consumer Prod/Svcs 3.26%Financial 16.22%Government 2.12%Industrial 3.39%Oil/Gas/Elect 33.63%Tech/Comm 12.05%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals6560555045403530252020,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q215LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA Investment Grade <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)BNP Paribas Group 1 7.2 6,57323 4 6.4 0.8Societe Generale 2 6.0 5,51819 7 5.2 0.8Deutsche Bank AG 3 5.2 4,72911 3 7.0 (1.8)Credit Agricole CIB 4 5.1 4,69215 16 2.6 2.5HSBC Bank PLC 5 4.5 4,13517 10 4.1 0.4Barclays 6 4.2 3,89414 2 7.1 (2.9)Bank of America Merrill Lynch 7 4.2 3,83815 6 5.6 (1.4)Citi 8 4.1 3,74015 1 9.6 (5.5)Natixis 9 4.0 3,6729 19 1.6 2.4Mitsubishi UFJ Financial 10 3.8 3,52514 11 3.4 0.4UniCredit 11 3.8 3,49213 17 2.5 1.3JP Morgan 12 3.6 3,30814 8 5.0 (1.4)Mizuho Financial Group Inc 13 3.4 3,07712 13 2.9 0.5RBS 14 3.3 3,04116 5 6.3 (3.0)ING Groep NV 15 2.8 2,59310 9 4.4 (1.6)Sumitomo Mitsui Financial Group Inc 16 2.8 2,53212 24 1.0 1.8Banco Bilbao Vizcaya Argentaria 17 2.5 2,25110 25 0.9 1.6Intesa Sanpaolo SpA 18 2.4 2,2046 27 0.6 1.8Commerzbank AG 19 2.3 2,10011 12 3.1 (0.8)Banco Santander SA 20 2.2 2,0499 14 2.7 (0.5)TOTAL 100% 91,65632 90,395 100%Includes all eligible EMEA Investment Grade loans where the initial spread is less than 350 basis points above the applicable benchmark. Volume in USD120,000100,00080,00060,000Basic Materials 32.71%Financial 15.56%Industrial 3.24%Oil/Gas/Elect 36.99%Tech/Comm 11.50%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals55504540353025millions.40,000201520,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q210LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesEMEA Islamic <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)Abu Dhabi Islamic Bank 1 10.9 3496 16 2.0 8.9Noor Islamic Bank 2 10.9 3485 9 3.9 7.0Emirates NBD PJSC 3 7.5 2404 8 4.5 3.0Standard Chartered Bank 4 6.7 2153 13 2.6 4.1Dubai Islamic Bank 5 5.5 1762 17 1.8 3.7Mashreqbank PSC 5 5.5 1762 19 1.4 4.1HSBC Bank PLC 7 4.7 1512 1 16.2 (11.5)Arab Banking Corp 8 4.6 1472 20 1.2 3.4Banque Misr SAE 9 4.0 1272 - --Al Hilal Bank 10 3.5 1112 21 0.7 2.8United Arab Bank 11 3.4 1091 25 0.3 3.1Barwa Bank 12 2.8 892 27 0.3 2.5Banque Audi 13 2.3 721 - --Abu Dhabi Commercial Bank 14 2.1 671 - --Citi 14 2.1 671 14 2.4 (0.3)Commercial Bank of Dubai 14 2.1 671 - --Commercial Bank of Kuwait 14 2.1 671 - --Deutsche Bank AG 14 2.1 671 22 0.7 1.4Industrial & Comm Bank of China 14 2.1 671 - --National Bank of Abu Dhabi 20 2.0 641 15 2.0-TOTAL 100% 3,19811 12,905 100%Includes all eligible European, Middle Eastern and African loans. Volume in USD millions.8,0007,0006,0005,0004,0003,000Consumer Prod/Svcs 28.23%Financial 61.08%Industrial 2.56%Oil/Gas/Elect 8.13%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals141210862,0001,000402010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q22LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesWestern Europe <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)BNP Paribas Group 1 6.5 17,567104 3 5.1 1.4HSBC Bank PLC 2 6.0 16,239105 4 4.2 1.8Deutsche Bank AG 3 5.7 15,36682 2 5.2 0.5UniCredit 4 4.6 12,39776 11 3.2 1.4Credit Agricole CIB 5 4.5 12,13767 5 4.0 0.5RBS 6 4.4 11,89590 1 6.1 (1.7)Societe Generale 7 4.3 11,53576 7 3.8 0.5Bank of America Merrill Lynch 8 3.9 10,46649 18 2.2 1.7Barclays 9 3.4 9,26976 9 3.4-ING Groep NV 10 3.0 8,21367 13 2.7 0.3Citi 11 3.0 8,07841 12 3.0-JP Morgan 12 2.9 7,78346 6 3.8 (0.9)Natixis 13 2.7 7,40042 22 1.8 0.9Commerzbank AG 14 2.5 6,87367 14 2.6 (0.1)Lloyds TSB Corporate Markets 15 2.4 6,58561 15 2.5 (0.1)Banco Santander SA 16 2.4 6,40653 8 3.7 (1.3)Credit Suisse 17 1.8 4,93124 23 1.5 0.3Banco Bilbao Vizcaya Argentaria 18 1.7 4,59947 10 3.3 (1.6)Morgan Stanley 19 1.7 4,59920 35 0.8 0.9Goldman Sachs & Co 20 1.7 4,46826 25 1.4 0.3TOTAL 100% 270,766 362 355,582 100%280,000260,000240,000220,000200,000180,000Basic Materials 13.07%Consumer Prod/Svcs 24.90%Financial 20.08%Industrial 10.92%Oil/Gas/Elect 19.66%Tech/Comm 11.38%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals400360320280240160,000140,000200120,000160100,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2120LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesWestern Europe <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)BNP Paribas Group 1 7.4 18,40275 3 5.1 2.3Deutsche Bank AG 2 6.1 15,10757 1 6.5 (0.4)Credit Agricole CIB 3 5.8 14,48141 7 4.1 1.7Societe Generale 4 5.4 13,50851 9 3.6 1.8HSBC Bank PLC 5 4.9 12,04858 10 3.6 1.3UniCredit 6 4.5 11,13452 15 3.0 1.5RBS 7 4.4 10,91158 4 4.9 (0.5)Bank of America Merrill Lynch 8 4.1 10,11539 18 2.5 1.6Natixis 9 3.7 9,22933 21 1.6 2.1JP Morgan 10 3.4 8,39638 2 5.5 (2.1)Banco Bilbao Vizcaya Argentaria 11 3.3 8,21728 6 4.1 (0.8)ING Groep NV 12 3.3 8,20748 14 3.1 0.2Barclays 13 3.2 8,01347 12 3.3 (0.1)Citi 14 3.1 7,73330 8 4.0 (0.9)Commerzbank AG 15 2.9 7,21947 11 3.4 (0.5)Lloyds TSB Corporate Markets 16 2.3 5,66433 19 2.3-Sumitomo Mitsui Financial Group Inc 17 1.6 4,04620 38 0.5 1.1Banco Santander SA 18 1.6 4,03822 5 4.4 (2.8)Rabobank Nederland 19 1.6 3,91122 34 0.7 0.9Mitsubishi UFJ Financial 20 1.6 3,85322 20 1.7 (0.1)TOTAL 100% 248,297 277 308,494 100%240,000220,000200,000180,000160,000140,000Basic Materials 14.06%Consumer Prod/Svcs 23.82%Financial 19.65%Industrial 9.79%Oil/Gas/Elect 20.92%Tech/Comm 11.77%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals280260240220200180120,000160100,00014080,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2120LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesAsia ex-Japan <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)State Bank of India 1 9.7 12,91834 1 9.3 0.4Bank of China 2 5.5 7,29472 2 5.4 0.1Standard Chartered Bank 3 4.2 5,64069 7 3.2 1.0HSBC Bank PLC 4 3.8 5,07057 3 3.5 0.3DBS Group Holdings Ltd 5 3.7 4,91262 9 2.8 0.9Sumitomo Mitsui Financial Group Inc 6 3.5 4,69957 6 3.2 0.3Oversea-Chinese Banking Corp 7 2.4 3,24041 10 2.8 (0.4)Mizuho Financial Group Inc 8 2.4 3,19743 18 1.6 0.8Mitsubishi UFJ Financial 9 2.4 3,16248 13 2.6 (0.2)ANZ Banking Group 10 2.3 3,02848 19 1.6 0.7United Overseas Bank 11 2.0 2,66831 12 2.7 (0.7)Korea Development Bank 12 2.0 2,60227 4 3.5 (1.5)Industrial & Comm Bank of China 13 1.7 2,26725 25 1.1 0.6Shanghai Pudong Development Bank 14 1.6 2,18417 45 0.5 1.1ICICI 15 1.6 2,1028 17 1.7 (0.1)Deutsche Bank AG 16 1.6 2,06524 30 1.0 0.6Shinhan Financial Group Co Ltd 17 1.5 1,9608 21 1.5-Bank of Taiwan 18 1.5 1,94541 28 1.1 0.4CTBC Financial Holding Co Ltd 19 1.4 1,88436 - --Bank of America Merrill Lynch 20 1.4 1,81624 64 0.3 1.1TOTAL 100% 133,005480 141,722 100%Includes all eligible loans from Asia Pacific excluding Japan, Australia, and New Zealand. Volume in USD millions.95,00090,00085,00080,00075,00070,000Basic Materials 11.09%Consumer Prod/Svcs 15.43%Financial 23.49%Government 1.02%Industrial 19.08%Oil/Gas/Elect 23.99%Tech/Comm 5.90%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals34032030028026065,00060,00024055,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2220LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesAsia ex-Japan <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)State Bank of India 1 18.6 13,77025 1 9.6 9.0Standard Chartered Bank 2 5.7 4,19431 4 4.4 1.3Bank of China 3 4.7 3,47521 2 7.4 (2.7)Bank of Taiwan 4 3.7 2,78034 12 2.0 1.7DBS Group Holdings Ltd 5 3.0 2,25222 9 2.8 0.2Shinhan Financial Group Co Ltd 6 2.9 2,1457 14 1.9 1.0Korea Development Bank 7 2.8 2,11316 3 4.9 (2.1)HSBC Bank PLC 8 2.8 2,06620 6 3.7 (0.9)ANZ Banking Group 9 2.8 2,05818 19 1.7 1.1Deutsche Bank AG 10 2.7 2,02117 16 1.8 0.9Sumitomo Mitsui Financial Group Inc 11 2.2 1,64916 10 2.6 (0.4)Shanghai Pudong Development Bank 12 2.1 1,5666 36 0.9 1.2Hana Financial Group Inc 13 1.9 1,41911 27 1.2 0.7Mizuho Financial Group Inc 14 1.9 1,40717 20 1.5 0.4United Overseas Bank 15 1.8 1,35512 15 1.9 (0.1)Axis Bank Ltd 16 1.7 1,27010 8 3.2 (1.5)Mitsubishi UFJ Financial 17 1.7 1,25016 22 1.5 0.2Oversea-Chinese Banking Corp 18 1.7 1,23313 18 1.7-ICICI 19 1.6 1,2185 29 1.2 0.4Taishin Financial Holding Co Ltd 20 1.6 1,17918 35 0.9 0.7TOTAL 100% 74,160317 86,727 100%Includes all eligible loans from Asia Pacific excluding Japan, Australia, and New Zealand. Volume in USD millions.70,00065,00060,00055,00050,00045,000Basic Materials 14.21%Consumer Prod/Svcs 15.22%Financial 22.00%Government 1.23%Industrial 19.58%Oil/Gas/Elect 20.60%Tech/Comm 7.16%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals22021020019018017016040,00015035,00014030,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2130LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesAsia-Pac ex-Japan <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)State Bank of India 1 7.4 12,91834 1 7.4-ANZ Banking Group 2 5.9 10,277118 2 5.8 0.1Bank of China 3 4.6 8,02679 3 4.6-Sumitomo Mitsui Financial Group Inc 4 3.7 6,44774 7 3.2 0.5HSBC Bank PLC 5 3.7 6,42173 4 3.6 0.1Commonwealth Bank Australia 6 3.6 6,29560 8 2.9 0.7DBS Group Holdings Ltd 7 3.3 5,82868 15 2.4 0.9Standard Chartered Bank 8 3.2 5,64069 11 2.7 0.5National Australia Bank Ltd 9 3.1 5,51957 6 3.2 (0.1)Westpac Banking 10 2.8 4,91046 5 3.4 (0.6)Mizuho Financial Group Inc 11 2.5 4,38556 18 1.7 0.8Mitsubishi UFJ Financial 12 2.5 4,30158 9 2.8 (0.3)Oversea-Chinese Banking Corp 13 2.1 3,73946 14 2.4 (0.3)United Overseas Bank 14 1.9 3,33336 17 2.1 (0.2)Industrial & Comm Bank of China 15 1.8 3,07033 27 1.0 0.8Korea Development Bank 16 1.6 2,87929 10 2.8 (1.2)Bank of America Merrill Lynch 17 1.5 2,68630 56 0.3 1.2Citi 18 1.3 2,26521 22 1.3-Deutsche Bank AG 19 1.3 2,25927 32 0.8 0.5Shanghai Pudong Development Bank 20 1.2 2,18417 51 0.4 0.8TOTAL 100% 175,340577 177,469 100%130,000120,000110,000100,00090,0001.06%Basic Materials 9.06%Consumer Prod/Svcs 18.44%Financial 26.26%Industrial 17.98%Oil/Gas/Elect 21.25%Tech/Comm 5.95%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals420400380360340320Includes all eligible loans from Asia Pacific excluding Japan. Volume in USD millions.80,00030028070,00026060,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2240LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesAsia-Pac ex-Japan <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)State Bank of India 1 15.2 13,77025 1 8.6 6.6ANZ Banking Group 2 9.1 8,22137 3 4.7 4.4Standard Chartered Bank 3 4.6 4,19431 5 4.0 0.6Bank of China 4 3.8 3,47521 2 6.9 (3.1)National Australia Bank Ltd 5 3.1 2,79515 10 2.8 0.3Bank of Taiwan 6 3.1 2,78034 14 1.8 1.3Sumitomo Mitsui Financial Group Inc 7 2.9 2,64720 12 2.3 0.6HSBC Bank PLC 8 2.9 2,58423 7 3.4 (0.5)Commonwealth Bank Australia 9 2.9 2,58411 34 1.0 1.9DBS Group Holdings Ltd 10 2.5 2,25222 11 2.5-Shinhan Financial Group Co Ltd 11 2.4 2,1457 17 1.8 0.6Korea Development Bank 12 2.3 2,11316 4 4.4 (2.1)Deutsche Bank AG 13 2.2 2,02117 20 1.6 0.6Mizuho Financial Group Inc 14 2.1 1,91720 23 1.4 0.7Mitsubishi UFJ Financial 15 2.0 1,83017 25 1.3 0.7Shanghai Pudong Development Bank 16 1.7 1,5666 39 0.8 0.9Hana Financial Group Inc 17 1.6 1,41911 29 1.1 0.5United Overseas Bank 18 1.5 1,35512 18 1.7 (0.2)Axis Bank Ltd 19 1.4 1,27010 9 2.9 (1.5)Oversea-Chinese Banking Corp 20 1.4 1,23313 22 1.5 (0.1)TOTAL 100% 90,640345 95,982 100%90,00080,00070,00060,000Basic Materials 11.93%Consumer Prod/Svcs 19.28%Financial 22.31%Government 1.00%Industrial 19.49%Oil/Gas/Elect 19.85%Tech/Comm 6.14%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals260240220200Includes all eligible loans from Asia Pacific excluding Japan. Volume in USD millions.50,00018040,00016030,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q2140LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesAustralia/NZ <strong>Loans</strong> Mandated Arranger1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)ANZ Banking Group 1 17.1 7,24970 1 22.6 (5.5)Commonwealth Bank Australia 2 13.0 5,49650 4 12.9 0.1National Australia Bank Ltd 3 12.2 5,16753 3 15.6 (3.4)Westpac Banking 4 10.1 4,28541 2 15.9 (5.8)Sumitomo Mitsui Financial Group Inc 5 4.1 1,74917 7 3.2 0.9HSBC Bank PLC 6 3.2 1,35116 5 3.7 (0.5)Mizuho Financial Group Inc 7 2.8 1,18813 9 2.1 0.7Mitsubishi UFJ Financial 8 2.7 1,13910 6 3.5 (0.8)DBS Group Holdings Ltd 9 2.2 9156 22 0.5 1.7Bank of America Merrill Lynch 10 2.1 8706 19 0.6 1.5Industrial & Comm Bank of China 11 1.9 8048 20 0.6 1.3Credit Agricole CIB 12 1.8 7585 13 1.2 0.6Bank of China 13 1.7 7327 11 1.3 0.4JP Morgan 14 1.6 6866 - --CIBC 15 1.6 6784 15 0.8 0.8United Overseas Bank 16 1.6 6655 - --Goldman Sachs & Co 17 1.4 6126 - --Scotiabank 18 1.4 6116 - --Citi 19 1.2 5014 10 1.4 (0.2)Oversea-Chinese Banking Corp 20 1.2 4995 16 0.7 0.5TOTAL 100% 42,33497 35,415 100%50,00045,00040,00035,00030,00025,0004.37%Basic Materials 2.40%Consumer Prod/Svcs 27.32%Financial 34.12%Industrial 13.93%Oil/Gas/Elect 11.94%Tech/Comm 5.92%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals9080706050Includes all eligible syndicated loans in Australia and New Zealand. Includes both domestic & foreign currencies. Volume in USD millions.20,00015,0004010,000305,0002010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q220LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong>Underwriter League TablesAustralia/NZ <strong>Loans</strong> Book Runner1/1/13 - 6/30/1320132012MKTINDUSTRY BREAKDOWNFIRMRANKMKTSHAREVOLUMEUSD (Mln)DEALCOUNTRANKMKTSHARESHARECHG (%)ANZ Banking Group 1 37.4 6,16319 1 34.2 3.2National Australia Bank Ltd 2 14.8 2,44512 2 27.4 (12.6)Commonwealth Bank Australia 3 13.7 2,2638 4 8.1 5.6Sumitomo Mitsui Financial Group Inc 4 6.1 9994 - --Westpac Banking 5 4.5 7483 3 16.0 (11.5)Goldman Sachs & Co 6 4.1 6842 - --Mitsubishi UFJ Financial 7 3.5 5801 - --HSBC Bank PLC 8 3.1 5193 11 0.3 2.8Mizuho Financial Group Inc 9 3.1 5103 - --Macquarie Group Ltd 10 2.5 4132 - --BNP Paribas Group 11 1.3 2142 - --Bank of America Merrill Lynch 12 1.2 2062 12 0.2 1.0Barclays 13 1.2 2051 12 0.2 1.0Industrial & Comm Bank of China 14 0.7 1141 - --Nomura Holdings Inc 15 0.6 1061 - --RBS 16 0.6 1031 - --General Electric Capital Corp 17 0.6 1001 - --UBS 17 0.6 1001 - --TD Securities 19 0.1 101 15 0.1-TOTAL 100% 16,48028 8,981 100%Includes all eligible syndicated loans in Australia and New Zealand. Includes both domestic & foreign currencies. Volume in USD millions.32,00028,00024,00020,00016,00012,000Basic Materials 1.67%Consumer Prod/Svcs 37.54%Financial 23.70%Industrial 19.10%Oil/Gas/Elect 16.47%Tech/Comm 1.52%Total: 100.00%QUARTERLY VOLUMEUSD (Mln) / #Deals454035302520158,000104,000502010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q20LEAG LREP LMX LALT LEAG LREP ©2013<strong>Bloomberg</strong> Finance L.P. All rights reserved.
<strong>Bloomberg</strong> <strong>Syndicated</strong> <strong>Loans</strong> - League CriteriaGeneral GuidelinesTo be awarded credit within <strong>Bloomberg</strong>’s League tables, <strong>Bloomberg</strong> must be notified of the following information for all signed syndicated loan transactions:borrower's name, parent company, agent, country of origin, industry, deal amount, tranche amount(s), tranche type(s), purposes, syndicate list with titles, currency,capital structure rank, executed/funding date, maturity date and/or tenor. Credit is awarded as of the credit agreement’s signing date, regardless of subsequentevents related to the transaction, with the exception of Asia-Pacific transactions that are signed in senior syndication (documentation required); credit is awardedONLY on the syndication completion date.Regional and local tables are based upon the principal borrower’s country of incorporation, with the exception of <strong>Bloomberg</strong>’s Asia-Pacific and Latin Americantables, which are based upon the principal borrower’s country of risk. Any cross-border deals must be accompanied by documentation disclosing primarycurrency, primary guarantor, lender participations and allocations in order to be considered for credit to a different regional/local table. <strong>Bloomberg</strong> reserves theright on final decision on any cross border transaction.Note: Any change to the final deal size or participant list will be retroactively credited on the signing date for the EMEA region.No additional league credit will be awarded after the signing date in relation to any amendment made as the result of the initial general syndication process, otherthan for incremental lending commitments in the Americas.Amendments / Amended and Restated AgreementsCredit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events alreadybuilt into the original credit agreement. Credit is awarded for any the following structural changes only:• Maturity is extended for a period of 90 days or more. A limitation of one amended maturity update is allowed full credit per loan, per year.*• Credit is allocated on incremental basis for increases in deal size.• Reduction in pricing.• Full release of collateral.* If the maturity is extended along with a reduction in pricing, and/or a full release of collateral in an amendment or amended and restated transaction in the sameyear, then full credit will be awarded for the reduction in pricing and/or the full release of collateral. If there are subsequent amendments or amended and restatedtransactions extending the maturity 90 days or more again within the same year, then full credit will be awarded for that instance of the maturity date extension.<strong>Bloomberg</strong> reserves the right to request adequate documentation.Note: For <strong>Bloomberg</strong>’s Asia-Pacific ex-Japan tables, full credit is awarded to loans with a material change in financial covenants as a result of deteriorating creditquality.Eligible Roles and Credit AllocationFull credit is awarded to the sole bank satisfying the highest of the titles as detailed below. Credit will be awarded equally among multiple banks that share thehighest title. Arrangers or bookrunners under the same parent are treated as one bank. There is no limit on the number of arranger or bookrunner titles on anysyndicated loan.Note: U.S./Canada underwriter tables are driven by the bookrunner(s). If there is no bookrunner(s) title given on a deal, all league credit is then awarded to thebank(s) holding the highest arranger title.Bookrunner Tables• Asia-Pacific/EMEA/Latin America: Bookrunner.• U.S./Canada: Bookrunner, joint bookrunner, book manager, co-book manager.
<strong>Bloomberg</strong> <strong>Syndicated</strong> <strong>Loans</strong> - League CriteriaArranger Tables• Asia-Pacific/EMEA/Latin America: Mandated lead arranger.• U.S./Canada: Lead arranger, joint lead arranger, arranger, co-arranger.Agent Tables• Asia-Pacific/EMEA/Latin America: Full credit would be awarded to the sole bank satisfying the title of facility agent.• U.S./Canada: Equal credit allocated among banks given the title(s); administrative agent, co-administrative agent, syndication agent, co-syndicationagent, document agent, co-document agent.Asia-Pacific ex-Japan – Floating Rate Note (FRN), Club Transactions and Self ArrangedTransactions defined as a FRN, club or self-arranged are eligible for mandated lead arranger credit only.Table TypesInvestment-Grade: All eligible loans have investment grade ratings from either Moody’s or S&P (i.e. a rating of Aaa to Baa3 by Moody’s or AAA to BBB- by S&P),will be included in the investment grade tables. In cases of split ratings, the HIGHER rating will apply and the loan will be considered investment-grade.Note: Investment-Grade table will be available for the U.S. later this year.Leveraged: <strong>Loans</strong> that have non-investment grade ratings from both Moody’s and S&P (i.e. rating of Ba1 and below by Moody’s and BB+ and below by S&P) willautomatically be considered for leveraged tables. In the event that the loan is not specifically rated, but the borrowing entity is, then loans for borrowers withCorporate Family Ratings of Ba1 or lower from Moody’s and Issuer Ratings of BB+ or lower from S&P will also be considered for leveraged tables. A loan will alsobe considered leveraged if both the loan and specific borrower are not rated but 1) the spread at close on the deal is greater than or equal to 225 BPS in the U.S.,or 2) the loan’s primary use of proceeds is either LBO, MBO, recapitalization, secondary buyout, or 3) the loan has an equity sponsor. If none of the above criteriais met, the deal will be not be considered leveraged.Exclusions• Bilateral transactions.• Transactions with a maturity of less than 90 days.• Cancelled or withdrawn transactions that are not signed prior to the deal’s cancellation or withdrawal.Full versions of <strong>Bloomberg</strong>’s League Tables Standards & Guidelines can be accessed on <strong>Bloomberg</strong> Professional:{IDOC 2061346 }: <strong>Syndicated</strong> <strong>Loans</strong> {IDOC 2016701 }: Equity {IDOC 2016703 }: Fixed IncomeDISCLAIMER<strong>Bloomberg</strong> L.P. <strong>Syndicated</strong> <strong>Loans</strong> League Tables represent transactions that are executed and for which <strong>Bloomberg</strong> has been notified. <strong>Bloomberg</strong> L.P. reservesthe right of final decision concerning league eligibility and requires adequate documentation for the same. <strong>Bloomberg</strong> L.P. and its suppliers believe theinformation herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes asolicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may varybetween the quarterly/year-end publications and data found on the <strong>Bloomberg</strong> Professional Service. Accuracy Claims & Inquiries: All League Table participantshave the right to examine the accuracy of League Table data as published on the <strong>Bloomberg</strong> Professional Service. All accuracy claims and inquiries must besubmitted in writing and with adequate explanation and documentation. <strong>Bloomberg</strong> will investigate all accuracy claims and inquiries in a timely manner, but cannotassure completion of its investigation by the respective League Table deadline.
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