Principles of Corporate Finance

The Underwriters

All Underwriters 496

Paribas 18

Lehman Brothers 18

ABN AMRO Hoare 22

Morgan Stanley 23

JPMorgan 24

Credit Suisse First Boston 27

Deutsche Morgan 29

SBC Warburg 29

Goldman Sachs 32

Merrill Lynch $37

($bil of total issues)

Top Intl. Underwriters in 1997