Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Lehman Brothers | 44,451.1 | 1 | 11.5 | 98 |
Countrywide Securities Corp | 31,733.9 | 2 | 8.2 | 50 |
Royal Bank of Scotland Group | 31,730.8 | 3 | 8.2 | 77 |
Credit Suisse | 28,331.7 | 4 | 7.4 | 75 |
Morgan Stanley | 28,257.1 | 5 | 7.3 | 29 |
Deutsche Bank AG | 27,095.9 | 6 | 7.0 | 58 |
Bear Stearns & Co Inc | 23,126.6 | 7 | 6.0 | 70 |
JP Morgan | 22,326.1 | 8 | 5.8 | 50 |
Citigroup | 21,209.6 | 9 | 5.5 | 56 |
Merrill Lynch & Co Inc | 21,122.1 | 10 | 5.5 | 36 |
Industry Total | 385,325.1 | - | 100.0 | 736 |
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