Morgan Keegan Again is the Leading Underwriter in Louisiana and South Central United States.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn. -- Morgan Keegan and Company, Inc. senior managed more municipal bond issues in Louisiana and the south central United States The South Central United States, South Central states, or Midsouth is a region of the United States located in the south central part of the country. It evolved out of the archaic southwest, which originally was literally the western U.S. South. than any other firm in the country in 2005, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Thomson Financial Thomson Financial A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings , one of the nation's leading municipal bond information services See Information Systems. . As senior manager of 53 issues with a par value of $1.01 billion, Morgan Keegan served as lead underwriter Lead underwriter The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. on more transactions in Louisiana last year than any other firm in the country, a distinction held by the firm since 2002. Among the issues managed were financings for the Louisiana Housing Finance Agency, the Louisiana Public Facilities Authority, the Tangipahoa Parish Consolidated School con·sol·i·dat·ed school n. A public school serving pupils from several adjacent, often rural districts. District, the Lafourche Parish Consolidated School District and the State of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. . "As the lead underwriter last month for the City of Shreveport's $11 million municipal bond issue, our work on behalf of the state continues in 2006," said Buck Landry, a managing director for Morgan Keegan and manager of the firm's public finance offices in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded and Baton Rouge that have been very active in the rebuilding efforts of the area in the wake of Hurricane Katrina. "Our clients throughout the state can depend on Morgan Keegan's experience and expertise as they navigate through the GO Zone process," Landry added, referring to the recently passed Gulf Opportunity Zone Act (GO Zone) that allows private business owners and corporations in affected areas to borrow capital on a tax-free basis for certain rebuilding projects. "We are dedicated to our clients and to the rebuilding efforts of Louisiana. Our goal is to continue producing results that exceed our clients' expectations." The firm's Louisiana issues contributed significantly to Morgan Keegan retaining the designation of top municipal bond underwriter in the south central region of the United States for the thirteenth consecutive year. In addition to Louisiana, the south central region includes Alabama, Arkansas, Kentucky, Mississippi and Tennessee. Morgan Keegan senior managed 240 offerings with a par value of $4.01 billion, earning a 20 percent market share and the number one ranking over national and regional competitors. Additionally, Morgan Keegan was one of the largest lead underwriters in the country for the year, ranking eleventh nationally. The firm served as book-running manager on 466 issues equating to a par value of over $8.8 billion. Morgan Keegan and Company Inc., one of the largest regional full-service brokerage and investment banking firms, is the securities brokerage arm of Regions Financial Corporation. In Louisiana, Regions has over 130 offices and more than 1,400 employees. Morgan Keegan, headquartered in Memphis, Tenn., has 3,400 employees in 280 offices throughout 18 states. The firm's staff of more than 100 public finance bankers provides underwriting through 20 banking offices in 13 states. The banking division is active in a wide variety of financings including higher and secondary education, state and local government, multi- and single-family housing, health care, airports, taxable banking issues and credit tenant leases. Additional information about Morgan Keegan and Regions - a member of both the Forbes and Fortune 500 and one of the nation's top 15 financial services providers - can be found at www.morgankeegan.com and www.regions.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion