Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 8,982.0 | 1 | 26.7 | 13 |
Banc of America Securities LLC | 7,939.0 | 2 | 23.6 | 12 |
JP Morgan | 7,403.7 | 3 | 22.0 | 15 |
Deutsche Bank AG | 2,549.9 | 4 | 7.6 | 7 |
Morgan Stanley | 1,829.0 | 5 | 5.4 | 2 |
Barclays Capital | 1,209.0 | 6 | 3.6 | 4 |
HSBC Holdings PLC | 1,000.0 | 7 | 3.0 | 1 |
Credit Suisse | 875.0 | 8 | 2.6 | 3 |
ABN AMRO | 500.0 | 9 | 1.5 | 1 |
Lehman Brothers | 425.0 | 10 | 1.3 | 2 |
Industry Total | 33,695.5 | - | 100.0 | 49 |
Source: Thomson Financial |
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There are two series, 2024-1 and 2024-2, that have revolving periods—three for the 2024-1 and five for the 2024-2—during which noteholders will not receive any principal.
20m ago -
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
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