Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
JP Morgan | 14,292.5 | 1 | 31.4 | 24 |
Citigroup | 9,447.3 | 2 | 20.8 | 19 |
Lehman Brothers | 4,595.5 | 3 | 10.1 | 9 |
Barclays Capital | 3,649.2 | 4 | 8.0 | 12 |
Deutsche Bank AG | 3,340.0 | 5 | 7.4 | 13 |
Banc of America Securities LLC | 2,683.1 | 6 | 5.9 | 12 |
Credit Suisse First Boston | 2,550.4 | 7 | 5.6 | 9 |
Morgan Stanley | 2,515.8 | 8 | 5.5 | 7 |
Merrill Lynch & Co Inc | 827.2 | 9 | 1.8 | 3 |
Wachovia Corp | 775.0 | 10 | 1.7 | 4 |
Industry Total | 45,460.9 | - | 100.0 | 82 |
Source: Thomson Financial |
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Notes A, B and C benefit from credit enhancement amounting to 33.3%, 16.2% and 7.0%, and the deal's capital structure will repay investors on a combined pro-rata and sequential basis.
10h ago -
Originators increased program offerings for the fifth consecutive month, but overall credit availability remains tight, the Mortgage Bankers Association said.
May 7 -
The top five issuers in the pool represent 4.73% of the pool, which is noticeably more diversified compared with the 12.50% concentration, according to Fitch's stressed portfolio at initial expected matrix point.
May 7 -
Rep. Andy Barr, R-Ky., is introducing a bill to establish an Office of Supervisory Appeals at each of the banking regulators that would give banks more power over the appeals process.
May 7 -
Price growth is decelerating but still driving historic home equity gains for owners and widening the gap between the haves and have-nots in housing, ICE finds.
May 6 -
Under the capital structure the senior notes will be repaid on a pro rata basis. Otherwise, the notes in the structure will benefit from excess spread and a senior-subordinate structure.
May 6