| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Wachovia Securities | 11,161.4 | 1 | 27.1 | 11 |
| JP Morgan Securities Inc. | 10,460.2 | 2 | 25.4 | 10 |
| Banc of America Securities LLC | 10,288.9 | 3 | 25.0 | 8 |
| ABN AMRO Incorporated | 7,181.7 | 4 | 17.4 | 5 |
| Credit Suisse Securities (USA) LLC | 6,816.6 | 5 | 16.5 | 5 |
| Citigroup Global Markets, Inc. | 6,747.9 | 6 | 16.4 | 6 |
| Deutsche Bank Securities, Inc. | 5,206.9 | 7 | 12.6 | 5 |
| RBS Greenwich Capital | 4,881.5 | 8 | 11.8 | 5 |
| Barclays Capital | 4,837.2 | 9 | 11.7 | 4 |
| Merrill Lynch, Pierce, Fenner & Smith Inc | 4,357.7 | 10 | 10.6 | 4 |
| Industry Total | 41,199.8 | - | 100.0 | 42 |
| Source: Thomson Financial | ||||
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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%.
3h ago -
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 -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17 -
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
September 17 -
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
September 16







