Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 7,192.8 | 1 | 18.0 | 10 |
JP Morgan | 7,074.6 | 2 | 17.7 | 12 |
Deutsche Bank AG | 5,344.5 | 3 | 13.4 | 9 |
Barclays Capital | 3,323.5 | 4 | 8.3 | 8 |
Wachovia Corp | 3,158.9 | 5 | 7.9 | 4 |
Credit Suisse First Boston | 3,120.2 | 6 | 7.8 | 7 |
Banc of America Securities LLC | 3,105.2 | 7 | 7.8 | 6 |
Merrill Lynch & Co Inc | 2,002.4 | 8 | 5.0 | 3 |
Lehman Brothers | 1,470.7 | 9 | 3.7 | 3 |
Morgan Stanley | 1,420.1 | 10 | 3.6 | 3 |
Industry Total | 39,891.1 | - | 100.0 | 46 |
Source: Thomson Financial |
-
There are two series, 2024-1 and 2024-2, that have revolving periods—three for the 2024-1 and five for the 2024-2—during which noteholders will not receive any principal.
1h ago -
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Aside from the cash flow stabilization, another credit positive to the deal, TAH Operations is property manager to the portfolio, and has strong processes and controls.
March 27 -
Four tranches of class A notes make up the capital structure, and they all benefit from 3.00% in total initial hard credit enhancement.
March 26