Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Lehman Brothers | 34,198.4 | 1 | 12.6 | 85 |
Credit Suisse First Boston | 25,025.4 | 2 | 9.3 | 59 |
Citigroup | 24,308.4 | 3 | 9.0 | 63 |
Morgan Stanley | 22,990.7 | 4 | 8.5 | 49 |
Royal Bank of Scotland Group | 22,936.0 | 5 | 8.5 | 47 |
Bear Stearns & Co Inc | 20,158.6 | 6 | 7.5 | 43 |
Deutsche Bank AG | 19,582.4 | 7 | 7.2 | 47 |
Banc of America Securities LLC | 18,659.3 | 8 | 6.9 | 57 |
JP Morgan | 18,530.6 | 9 | 6.9 | 26 |
Countrywide Securities Corp | 18,291.7 | 10 | 6.8 | 35 |
Industry Total | 270,521.3 | - | 100.0 | 543 |
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.
8h 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