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 | 8,676.4 | 1 | 18.1 | 11 |
Citigroup | 6,807.5 | 2 | 14.2 | 14 |
UBS | 4,764.0 | 3 | 10.0 | 11 |
Banc of America Securities LLC | 4,403.4 | 4 | 9.2 | 13 |
Deutsche Bank AG | 4,304.0 | 5 | 9.0 | 7 |
Credit Suisse | 3,621.4 | 6 | 7.6 | 5 |
Bear Stearns & Co Inc | 3,551.6 | 7 | 7.4 | 8 |
Goldman Sachs & Co | 2,280.9 | 8 | 4.8 | 4 |
Morgan Stanley | 2,107.5 | 9 | 4.4 | 11 |
Wachovia Corp | 1,857.3 | 10 | 3.9 | 6 |
Industry Total | 47,856.2 | - | 100.0 | 106 |
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.
3h ago -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
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 -
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22 -
Price guidance was not available on the series 2024-1, the database notes that the series 2024-2 class A notes are expected to price between 63 and 65 basis points over the three-month interpolated yield curve.
April 22