Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
JP Morgan | 11,469.1 | 1 | 25.7 | 22 |
Citigroup | 8,147.0 | 2 | 18.2 | 20 |
Barclays Capital | 4,891.0 | 3 | 10.9 | 14 |
Deutsche Bank AG | 3,776.7 | 4 | 8.5 | 18 |
Banc of America Securities LLC | 3,133.2 | 5 | 7.0 | 12 |
Morgan Stanley | 3,016.5 | 6 | 6.8 | 5 |
Credit Suisse First Boston | 2,250.0 | 7 | 5.0 | 7 |
Lehman Brothers | 2,000.0 | 8 | 4.5 | 5 |
ABN AMRO | 1,833.2 | 9 | 4.1 | 7 |
Royal Bank of Scotland Group | 1,285.8 | 10 | 2.9 | 5 |
Industry Total | 44,717.5 | - | 100.0 | 87 |
Source: Thomson Financial |
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Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
April 24 -
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
April 24 -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
April 24 -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
April 23 -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
April 23 -
Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.
April 23