| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 6,499.6 | 1 | 15.0 | 11 |
| JP Morgan | 6,391.9 | 2 | 14.7 | 9 |
| Deutsche Bank AG | 5,641.7 | 3 | 13.0 | 10 |
| Barclays Capital | 4,302.5 | 4 | 9.9 | 8 |
| Merrill Lynch & Co Inc | 4,114.9 | 5 | 9.5 | 7 |
| Credit Suisse First Boston | 4,111.9 | 6 | 9.5 | 8 |
| Banc of America Securities LLC | 3,433.1 | 7 | 7.9 | 7 |
| Wachovia Corp | 3,362.5 | 8 | 7.7 | 7 |
| Goldman Sachs & Co | 1,841.0 | 9 | 4.2 | 2 |
| Lehman Brothers | 1,504.9 | 10 | 3.5 | 2 |
| Industry Total | 43,478.6 | - | 100.0 | 41 |
| Source: Thomson Financial | ||||
-
The deal's obligor concentrations—its top and top five obligors account for 9.45% and 37.95% of the pool—are reigned in by WEF's focus on mission-critical essential use equipment.
19m ago -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
3h ago -
GDLP 2026-2 also has lower levels of initial credit enhancement compared to GDLP 2026-1, at 6.12% versus 5.74%; overcollateralization at 23.90% versus 24.92% and total gross excess spread of 5.55% versus 5.98%.
September 18 -
Federal Reserve Vice Chair for Supervision Michelle Bowman Friday highlighted a pair of new provisions to the final stress test framework that arose from public commentary submitted to the agency last year.
September 18 -
To keep cash flowing to the notes, the deal's senior notes have an interest reserve account covering three months' worth of class A note interest payments and fees.
September 17 -
With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
September 17







