Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Merrill Lynch & Co Inc | 12,676.0 | 1 | 20.3 | 19 |
Citigroup | 8,961.8 | 2 | 14.4 | 19 |
Lehman Brothers | 4,687.7 | 3 | 7.5 | 15 |
Morgan Stanley | 4,049.6 | 4 | 6.5 | 17 |
Wachovia Corp | 3,785.0 | 5 | 6.1 | 9 |
UBS | 3,673.9 | 6 | 5.9 | 9 |
Goldman Sachs & Co | 3,107.0 | 7 | 5.0 | 4 |
Credit Suisse First Boston | 2,943.0 | 8 | 4.7 | 7 |
Bear Stearns & Co Inc | 2,915.2 | 9 | 4.7 | 7 |
Groupe Caisses d'Epargne | 2,442.0 | 10 | 3.9 | 3 |
Industry Total | 62,359.1 | - | 100.0 | 152 |
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