Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Lehman Brothers | 30,236.5 | 1 | 12.7 | 74 |
Morgan Stanley | 22,603.6 | 2 | 9.5 | 48 |
Citigroup | 21,012.5 | 3 | 8.9 | 55 |
Royal Bank of Scotland Group | 20,618.8 | 4 | 8.7 | 42 |
Deutsche Bank AG | 17,912.7 | 5 | 7.6 | 40 |
JP Morgan | 17,827.1 | 6 | 7.5 | 23 |
Bear Stearns & Co Inc | 16,811.0 | 7 | 7.1 | 37 |
Countrywide Securities Corp | 16,243.6 | 8 | 6.9 | 31 |
Credit Suisse First Boston | 16,156.8 | 9 | 6.8 | 44 |
Banc of America Securities LLC | 15,681.4 | 10 | 6.6 | 50 |
Industry Total | 237,242.9 | - | 100.0 | 483 |
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.
3h 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