| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup Global Markets | 35,900.4 | 1 | 15.1 | 50 |
| Merrill Lynch | 32,509.3 | 2 | 13.6 | 40 |
| Wachovia Securities | 19,435.3 | 3 | 8.2 | 34 |
| JPMorgan Securities | 15,666.9 | 4 | 6.6 | 27 |
| Banc of America Securities | 14,629.0 | 5 | 6.1 | 19 |
| Deutsche Bank Securities | 14,471.0 | 6 | 6.1 | 31 |
| Lehman Brothers | 14,343.1 | 7 | 6.0 | 29 |
| Morgan Stanley | 13,926.2 | 8 | 5.8 | 70 |
| Bear Stearns | 11,721.3 | 9 | 4.9 | 23 |
| UBS | 11,547.1 | 10 | 4.8 | 27 |
| Industry Total | 238,421.7 | - | 100.0 | 434 |
| Source: ASR Scorecard database | ||||
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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 -
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
September 16 -
The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
September 16








