| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 4,974.9 | 1 | 35.1 | 11 |
| Citigroup | 2,874.8 | 2 | 20.3 | 6 |
| Morgan Stanley | 1,666.5 | 3 | 11.8 | 2 |
| Barclays Capital | 1,299.0 | 4 | 9.2 | 9 |
| Deutsche Bank AG | 959.8 | 5 | 6.8 | 8 |
| Credit Suisse First Boston | 738.2 | 6 | 5.2 | 4 |
| Banc of America Securities LLC | 586.2 | 7 | 4.1 | 5 |
| Merrill Lynch & Co Inc | 512.2 | 8 | 3.6 | 3 |
| Lehman Brothers | 375.0 | 9 | 2.7 | 1 |
| Societe Generale | 100.0 | 10 | 0.7 | 1 |
| Industry Total | 14,161.7 | - | 100.0 | 32 |
| Source: Thomson Financial | ||||
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The deal's obligor concentrations—its top and top five obligors account for 9.45% and 37.95% of the pool—are reigned in by WEF's focus on mission-critical essential use equipment.
1h ago -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
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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%.
September 18 -
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.
September 18 -
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 -
With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
September 17







