| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch | 30,515.3 | 1 | 18.2 | 34 |
| Citigroup Global Markets, Inc. | 23,736.1 | 2 | 14.1 | 34 |
| JP Morgan | 12,804.9 | 3 | 7.6 | 22 |
| Morgan Stanley | 11,476.6 | 4 | 6.8 | 49 |
| Wachovia Corp | 10,323.9 | 5 | 6.2 | 20 |
| UBS | 9,760.8 | 6 | 5.8 | 19 |
| Deutsche Bank AG | 8,846.6 | 7 | 5.3 | 19 |
| Banc of America Securities LLC | 8,393.1 | 8 | 5.0 | 11 |
| Bear Stearns & Co Inc | 8,389.0 | 9 | 5.0 | 15 |
| Barclays Capital | 8,133.7 | 10 | 4.8 | 10 |
| Industry Total | 167,960.2 | - | 100.0 | 294 |
| Source: Thomson Financial | ||||
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GDLP 2026-2 also has lower levels of initial credit enhancement compared to GDLP 2026-1, at 6.12% versus 5.74%; overcollateralization at 23.90% versus 24.92% and total gross excess spread of 5.55% versus 5.98%.
4h ago -
Federal Reserve Vice Chair for Supervision Michelle Bowman Friday highlighted a pair of new provisions to the final stress test framework that arose from public commentary submitted to the agency last year.
6h ago -
To keep cash flowing to the notes, the deal's senior notes have an interest reserve account covering three months' worth of class A note interest payments and fees.
September 17 -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17 -
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
September 17







