| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Goldman Sachs & Co | 2,998.1 | 1 | 25.3 | 1 |
| Credit Suisse First Boston | 1,400.9 | 2 | 11.8 | 4 |
| Morgan Stanley | 1,378.4 | 3 | 11.6 | 3 |
| Deutsche Bank AG | 1,053.5 | 4 | 8.9 | 2 |
| Citigroup | 1,047.6 | 5 | 8.9 | 3 |
| Wachovia Corp | 950.0 | 6 | 8.0 | 2 |
| Bear Stearns & Co Inc | 940.2 | 7 | 7.9 | 4 |
| Westdeutsche Landesbank Giro | 545.0 | 8 | 4.6 | 1 |
| JP Morgan | 347.6 | 9 | 2.9 | 1 |
| Lehman Brothers | 303.3 | 10 | 2.6 | 2 |
| Merrill Lynch & Co Inc | 300.8 | 11 | 2.5 | 1 |
| UBS Warburg | 200.0 | 12 | 1.7 | 1 |
| Banc of America Securities LLC | 197.8 | 13 | 1.7 | 1 |
| Jefferies & Co Inc | 161.4 | 14 | 1.4 | 1 |
| First Republic Bank Corp | 16.0 | 15 | 0.1 | 1 |
| Industry Total | 11,840.6 | - | 100.0 | 26 |
| Source: Thomson Financial | ||||
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Three tranches of notes will be issued to investors, and the A2 tranche will issue the bulk of the debt, $613.7 million. Also, the notes have an anticipated repayment date of June 2031.
May 19 -
The delay preserves a lifeline for competing bidder United Wholesale Mortgage, which previously reached an agreement to acquire the servicer last year.
May 19 -
Lenders are finding better economics by placing agency loans into private-label securities, depending on the particular situation.
May 19 -
Also, spreads on broadly syndicated loan and middle-market CLOs widened for the second month.
May 18 -
The move comes about a year after rising delinquency levels prompted SBA to raise lender fees and tightened underwriting standards in its flagship 7(a) program.
May 18 -
Demands for new data centers account for the surge in financing, while offering portfolio diversity.
May 18







