Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Lehman Brothers | 37,422.4 | 1 | 13.2 | 90 |
Citigroup | 26,404.0 | 2 | 9.3 | 67 |
Credit Suisse First Boston | 25,476.2 | 3 | 9.0 | 61 |
Morgan Stanley | 23,662.9 | 4 | 8.4 | 50 |
Royal Bank of Scotland Group | 22,936.0 | 5 | 8.1 | 47 |
JP Morgan | 20,260.5 | 6 | 7.2 | 28 |
Bear Stearns & Co Inc | 20,158.6 | 7 | 7.1 | 43 |
Countrywide Securities Corp | 19,852.7 | 8 | 7.0 | 38 |
Deutsche Bank AG | 19,555.4 | 9 | 6.9 | 47 |
Banc of America Securities LLC | 18,659.3 | 10 | 6.6 | 57 |
Industry Total | 282,803.0 | - | 100.0 | 564 |
Source: Thomson Financial |
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The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
6h ago -
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 -
Institutions and their investors are facing pressure from climate activists, cautiously awaiting interest rate cuts and adjusting to new Federal Reserve and FDIC policies.
April 23