Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Countrywide Securities | 20,686.4 | 1 | 14.0 | 20 |
RBS Greenwich Capital | 18,881.3 | 2 | 12.8 | 24 |
Merrill Lynch | 16,905.5 | 3 | 11.4 | 17 |
Morgan Stanley | 14,377.0 | 4 | 9.7 | 15 |
Banc of America Securities | 13,319.4 | 5 | 9.0 | 18 |
Lehman Brothers | 12,783.9 | 6 | 8.6 | 15 |
Citigroup Global Markets | 12,302.7 | 7 | 8.3 | 14 |
Bear Stearns | 11,872.1 | 8 | 8.0 | 20 |
Deutsche Bank Securities | 8,894.1 | 9 | 6.0 | 12 |
JPMorgan Securities | 8,011.0 | 10 | 5.4 | 9 |
Industry Total | 147,923.4 | - | 100.0 | 185 |
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.
1h ago -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
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 -
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22 -
Price guidance was not available on the series 2024-1, the database notes that the series 2024-2 class A notes are expected to price between 63 and 65 basis points over the three-month interpolated yield curve.
April 22