| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Morgan Stanley | 24,392.3 | 1 | 10.3 | 24 |
| Lehman Brothers | 23,939.3 | 2 | 10.1 | 56 |
| Credit Suisse | 21,373.0 | 3 | 9.0 | 43 |
| Royal Bank of Scotland Group | 19,038.6 | 4 | 8.0 | 30 |
| Countrywide Securities Corp | 16,027.4 | 5 | 6.7 | 19 |
| Deutsche Bank AG | 15,022.1 | 6 | 6.3 | 27 |
| JP Morgan | 14,805.6 | 7 | 6.2 | 31 |
| Bear Stearns & Co Inc | 14,735.7 | 8 | 6.2 | 38 |
| Merrill Lynch & Co Inc | 13,944.4 | 9 | 5.9 | 20 |
| Citigroup | 13,778.2 | 10 | 5.8 | 34 |
| Industry Total | 237,654.8 | - | 100.0 | 443 |
| Source: Thomson Financial | ||||
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Iskandar and Kaveh have a liquidity reserve of about $16.3 million at closing, and a cash-trapping trigger if the three-month average class A debt service coverage ratio (DSCR) falls below 1.45x.
2h ago -
Zayo Issuer, series 2026-1 and 2026-2, uses a master trust structure that will initially issue five tranches of classes A, B and C notes, and can issue additional classes if they meet certain conditions.
April 11 -
The deal will issue floating-rate notes, through the A-1B tranche, while underlying variable-rate loans are pegged to either CME Term SOFR or the 30-day average SOFR.
April 10 -
A 21.2% spike in the price of gasoline was the biggest contributor to a 0.9% increase in the Consumer Price Index in March, according to a Friday report from the Bureau of Labor Statistics. The agency said other price increases were largely contained.
April 10 -
The sophomore outing follows a similar structure as the Clarus 2024-1, with six tranches of class A, B, C, D and E notes. The A2 tranche will issue the bulk of notes, $165.4 million.
April 9 -
It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices Group say.
April 9








