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 | 16,181.8 | 1 | 20.7 | 23 |
Citigroup | 10,853.2 | 2 | 13.9 | 22 |
Wachovia Corp | 6,669.9 | 3 | 8.5 | 13 |
Lehman Brothers | 4,715.7 | 4 | 6.0 | 15 |
Morgan Stanley | 4,714.8 | 5 | 6.0 | 21 |
UBS | 4,003.1 | 6 | 5.1 | 10 |
Bear Stearns & Co Inc | 3,878.5 | 7 | 5.0 | 11 |
Deutsche Bank AG | 3,821.1 | 8 | 4.9 | 12 |
Credit Suisse First Boston | 3,293.0 | 9 | 4.2 | 8 |
Goldman Sachs & Co | 3,107.0 | 10 | 4.0 | 4 |
Industry Total | 78,074.7 | - | 100.0 | 187 |
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.
6h 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