| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Countrywide Securities | 22,508.65 | 1 | 12.107 | 23 |
| Merrill Lynch | 19,188.39 | 2 | 10.321 | 20 |
| RBS Greenwich Capital | 16,175.71 | 3 | 8.701 | 29 |
| Lehman Brothers | 14,978.04 | 4 | 8.056 | 23 |
| Morgan Stanley | 14,738.76 | 5 | 7.928 | 17 |
| Citigroup Global Markets | 14,599.53 | 6 | 7.853 | 19 |
| Bear Stearns | 11,850.64 | 7 | 6.374 | 21 |
| JPMorgan Securities | 11,198.67 | 8 | 6.024 | 14 |
| Barclays Capital | 10,312.58 | 9 | 5.547 | 12 |
| Banc of America Securities | 8,140.2 | 10 | 4.379 | 22 |
| Industry Total | 185,912.9 | - | 100.0 | 229 |
| | ||||
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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%.
2h 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







