Please find below the precise criteria that underpin our league tables.

Common Terms For All League Tables

• Credit in League Tables - We only guarantee to include your deals if we have received the full prospectus.
• Dates - Please note that the date range is always indicated in each table. Typically, we issue league tables for each calendar quarter, half year, first nine months and full year.
• Geography – We gather deals from all over the world. Therefore, our tables present a global view of what is happening in the international capital markets.
• Type of Document – We never count “supplements” as deals. A supplement is an additional document providing information before, or after, the final deal document. So, in summary, we do include prospectuses of stand-alone deals, and pricing supplements issued under programmes for the non-Programme League Tables. We only count programmes (not supplements and not pricing supplements) for the programme League Tables.

NB: Please note that secondary securities issues sold by investors (e.g shares sold by selling shareholders) and which do not produce cash for the issuer of the securities are not counted as deals in our league tables.

1. All equity deals

We define an “equity” deal as a securities issue that is not a bond and not a warrant. We do count the equity tranche of an asset-backed deal as an equity deal, because the investor incurs an equity risk. We exclude programmes because they are not securities issues. However, we do include equity securities issued under a programme.

2. All fixed income deals

We define a “fixed income” deal as a securities issue that is not an equity issue and not a warrant. We exclude programmes because they are not securities issues. However, we do include fixed income securities issued under a programme.

3. All asset-backed deals

We define an “asset-backed” deal as a deal where a Special Purpose Vehicle (“SPV”) issues at least two securities to acquire a pool of assets. We count the asset-backed deal as one deal if one unique prospectus describes that deal. If more than one unique prospectus is issued to describe a deal we count each such prospectus as a deal. We exclude programmes because they are not securities issues. However, we do include asset-backed securities issued under a programme.

4. All collateralized deals

We treat collateralized deals as a subset of asset-backed securities. We define a “collateralized” deal as a deal where a Special Purpose Vehicle (“SPV”) issues at least two securities to acquire a pool of assets that consists of collateralised bonds, collateralised loans, collateralised debt, collateralised funds or some combination of these which can also include credit default swaps. We count the collateralized deal as one deal if one unique prospectus describes the deal. If more than one unique prospectus is issued to describe a deal we count each such prospectus as a deal. We exclude programmes because they are not securities issues. However, we do include collateralized securities issued under a programme.

5. All programmes

We define a “programme” as an umbrella terms and conditions document under which securities may or may not be issued. A securities issue is not a programme.

6. Stock Exchange League Table

Our Stock Exchange league tables rank securities listed on an exchange. We produce a table for bond issues and one for equity issues.

If you would like to make sure that your deals are included in our league tables, please send us the full prospectus of your deals to leaguetables@factset.com.