| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JPMorgan Securities | 11,655.0 | 1 | 25.943 | 19 |
| Banc of America Securities | 9,110.83 | 2 | 20.28 | 17 |
| Citigroup Global Markets | 7,425.0 | 3 | 16.527 | 12 |
| Morgan Stanley | 4,652.63 | 4 | 10.356 | 6 |
| Deutsche Bank Securities | 2,095.83 | 5 | 4.665 | 9 |
| ABN AMRO | 1,756.81 | 6 | 3.91 | 3 |
| Barclays Capital | 1,675.0 | 7 | 3.728 | 4 |
| Credit Suisse | 1,633.82 | 8 | 3.637 | 4 |
| Wachovia Securities | 1,337.5 | 9 | 2.977 | 4 |
| RBS Greenwich Capital | 1,158.33 | 10 | 2.578 | 8 |
| Industry Total | 44,925.8 | - | 100.0 | 69 |
| | ||||
-
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%.
2h 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 -
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
September 16







