| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Bear Stearns & Co Inc | 30,988.0 | 1 | 10.3 | 55 |
| Lehman Brothers | 27,484.5 | 2 | 9.1 | 64 |
| Countrywide Securities Corp | 27,356.2 | 3 | 9.1 | 32 |
| Morgan Stanley | 26,793.0 | 4 | 8.9 | 34 |
| Royal Bank of Scotland Group | 25,328.4 | 5 | 8.4 | 42 |
| Deutsche Bank AG | 24,584.7 | 6 | 8.2 | 41 |
| Credit Suisse First Boston | 24,352.0 | 7 | 8.1 | 52 |
| Citigroup | 17,971.3 | 8 | 6.0 | 34 |
| Merrill Lynch & Co Inc | 16,890.1 | 9 | 5.6 | 23 |
| Banc of America Securities LLC | 16,284.0 | 10 | 5.4 | 32 |
| Industry Total | 301,442.9 | - | 100.0 | 496 |
| Source: Thomson Financial | ||||
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The deal's obligor concentrations—its top and top five obligors account for 9.45% and 37.95% of the pool—are reigned in by WEF's focus on mission-critical essential use equipment.
19m ago -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
3h ago -
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%.
September 18 -
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.
September 18 -
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 -
With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
September 17







