Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
JP Morgan | 9,669.3 | 1 | 14.5 | 19 |
Citigroup | 8,796.6 | 2 | 13.2 | 15 |
Deutsche Bank AG | 8,139.0 | 3 | 12.2 | 15 |
Wachovia Corp | 7,029.5 | 4 | 10.6 | 14 |
Banc of America Securities LLC | 6,877.6 | 5 | 10.3 | 13 |
Credit Suisse First Boston | 5,959.7 | 6 | 9.0 | 12 |
Morgan Stanley | 3,703.3 | 7 | 5.6 | 8 |
Barclays Capital | 3,524.5 | 8 | 5.3 | 9 |
Bear Stearns & Co Inc | 2,456.4 | 9 | 3.7 | 2 |
Merrill Lynch & Co Inc | 2,426.9 | 10 | 3.7 | 4 |
Industry Total | 66,502.5 | - | 100.0 | 78 |
Source: Thomson Financial |
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The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
8h ago -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
April 24 -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
April 23 -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
April 23 -
Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.
April 23 -
Institutions and their investors are facing pressure from climate activists, cautiously awaiting interest rate cuts and adjusting to new Federal Reserve and FDIC policies.
April 23