J.P. Morgan Keeps Bond Leadership Investor Interest Reawakens.(Brief Article)(Statistical Data Included)

Chemical Week, March, 2000

J.P. morgan kept its top spot in CW's bond rankings, leading nearly $5.7 billion of bond issues last year. Overall, there were $26.6 billion in public bond and private-placement issues in 1999, up 9% from 1998.

J.P. Morgan led the largest bond offering last year-Lyondell's $2.4- billion issue that refinanced part of its $7-billion debt related to its acquisition of Arco Chemical in mid-1998. J.P. Morgan, along with co-lead Donaldson, Lufkin & Jenrette, issued the bond, as well as $765 million in equity and $1 billion in bank credit, allowing Lyondell to restructure its ...