| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Wachovia Securities | 9,248.1 | 1 | 16.821 | 14 |
| JPMorgan Securities | 6,893.32 | 2 | 12.538 | 15 |
| Banc of America Securities | 5,461.4 | 3 | 9.934 | 10 |
| Citigroup Global Markets | 5,070.9 | 4 | 9.223 | 10 |
| Credit Suisse | 3,653.0 | 5 | 6.644 | 7 |
| Deutsche Bank Securities | 2,911.1 | 6 | 5.295 | 7 |
| Barclays Capital | 2,834.3 | 7 | 5.155 | 6 |
| ABN AMRO | 2,783.0 | 8 | 5.062 | 5 |
| Merrill Lynch | 2,726.4 | 9 | 4.959 | 5 |
| HSBC Securities | 2,713.2 | 10 | 4.935 | 4 |
| Industry Total | 54,978.6 | - | 100.0 | 58 |
| Source: ASR Scorecard database | ||||
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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 -
The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
September 16








