| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Countrywide Securities Corporation | 22,769.0 | 1 | 12.9 | 22 |
| RBS Greenwich Capital | 22,401.2 | 2 | 12.7 | 28 |
| Merrill Lynch, Pierce, Fenner & Smith Inc | 20,927.0 | 3 | 11.8 | 20 |
| Morgan Stanley & Co. Incorporated | 16,597.8 | 4 | 9.4 | 17 |
| Citigroup Global Markets, Inc. | 16,294.0 | 5 | 9.2 | 19 |
| Lehman Brothers Inc. | 16,116.2 | 6 | 9.1 | 21 |
| Banc of America Securities LLC | 15,106.0 | 7 | 8.5 | 22 |
| Bear Stearns & Co. Inc. | 13,105.5 | 8 | 7.4 | 21 |
| Deutsche Bank Securities, Inc. | 10,662.8 | 9 | 6.0 | 14 |
| JP Morgan Securities | 9,671.9 | 10 | 5.5 | 11 |
| Industry Total | 176,736.8 | - | 100.0 | 220 |
| Source: Thomson Financial | ||||
-
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%.
3h ago -
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 -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17 -
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
September 17 -
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
September 16







