| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JPMorgan Securities | 11,405.0 | 1 | 28.0 | 18 |
| Banc of America Securities | 9,415.0 | 2 | 23.1 | 16 |
| Citigroup Global Markets | 8,000.0 | 3 | 19.6 | 11 |
| Morgan Stanley | 5,252.6 | 4 | 12.9 | 6 |
| Credit Suisse Securities | 2,842.6 | 5 | 7.0 | 4 |
| Deutsche Bank Securities | 2,575.0 | 6 | 6.3 | 8 |
| RBS Greenwich Capital | 2,475.0 | 7 | 6.1 | 8 |
| Barclays Capital | 2,350.0 | 8 | 5.8 | 4 |
| ABN AMRO | 2,242.6 | 9 | 5.5 | 2 |
| Wachovia Securities | 2,025.0 | 10 | 5.0 | 4 |
| Industry Total | 40,715.3 | - | 100.0 | 63 |
| Source: Thomson Financial | ||||
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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%.
4h ago -
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.
6h ago -
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







