Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
JP Morgan | 10,482.7 | 1 | 13.7 | 16 |
Deutsche Bank AG | 8,969.1 | 2 | 11.7 | 16 |
Citigroup | 8,299.9 | 3 | 10.8 | 14 |
Banc of America Securities LLC | 8,252.2 | 4 | 10.8 | 13 |
Merrill Lynch & Co Inc | 7,943.7 | 5 | 10.4 | 10 |
Wachovia Corp | 7,642.0 | 6 | 10.0 | 15 |
Barclays Capital | 5,998.2 | 7 | 7.8 | 11 |
Credit Suisse First Boston | 5,028.5 | 8 | 6.6 | 10 |
Goldman Sachs & Co | 3,564.1 | 9 | 4.7 | 4 |
HSBC Holdings PLC | 3,334.4 | 10 | 4.4 | 5 |
Industry Total | 76,634.0 | - | 100.0 | 74 |
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.
5h 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