JPMorgan (JPM) Shares AT&T (T) Risk with (BAC) (GS) (WFC) (C), Others

After offering up the largest loan in the history of the bank via the AT&T (NYSE:T) bid for T-Mobile, JPMorgan (NYSE:JPM) went about spreading the risk by offering up pieces of the deal with 11 other banks, including Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC).

A person close to the deal said JPMorgan made 11 calls and 11 banks responded. "Eleven calls were made, and eleven relationship banks signed up," said the source.

Other banks getting into the action were Barclays Capital (NYSE:BCS), BNP Paribas, Credit Suisse (NYSE:CS), Deutsche Bank (NYSE:DB), Morgan Stanley MUFG (NYSE:MS), RBS (NYSE:RBS) and UBS (NYSE:UBS).

Terms of the 18-month unsecured loan are reportedly 75 basis points above Libor, according to Reuters.