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 | 20,959.6 | 1 | 12.5 | 28 |
Citigroup | 20,259.6 | 2 | 12.0 | 35 |
Deutsche Bank AG | 16,531.1 | 3 | 9.8 | 22 |
Bear Stearns & Co Inc | 11,863.4 | 4 | 7.1 | 22 |
Banc of America Securities LLC | 11,809.6 | 5 | 7.0 | 27 |
Wachovia Corp | 11,279.8 | 6 | 6.7 | 28 |
Credit Suisse | 10,506.7 | 7 | 6.2 | 19 |
UBS | 9,676.6 | 8 | 5.8 | 40 |
Morgan Stanley | 6,761.8 | 9 | 4.0 | 30 |
Royal Bank of Scotland Group | 6,499.7 | 10 | 3.9 | 8 |
Industry Total | 168,273.9 | - | 100.0 | 321 |
Source: Thomson Financial |
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Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
9h ago -
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
April 24 -
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