| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JPMorgan Securities | 14,752.5 | 1 | 27.317 | 25 |
| Banc of America Securities | 11,573.3 | 2 | 21.43 | 21 |
| Citigroup Global Markets | 8,425.0 | 3 | 15.6 | 13 |
| Morgan Stanley | 5,052.6 | 4 | 9.356 | 8 |
| Credit Suisse | 2,721.3 | 5 | 5.039 | 8 |
| Deutsche Bank Securities | 2,195.8 | 6 | 4.066 | 10 |
| HSBC Securities | 1,750.0 | 7 | 3.24 | 3 |
| Barclays Capital | 1,675.0 | 8 | 3.102 | 4 |
| RBS Greenwich Capital | 1,400.8 | 9 | 2.594 | 9 |
| Wachovia Securities | 1,337.5 | 10 | 2.477 | 4 |
| Industry Total | 54,005.3 | - | 100.0 | 85 |
| 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%.
1h 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







