Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Countrywide Securities Corp | 60,689.4 | 1 | 10.6 | 73 |
Lehman Brothers | 56,798.5 | 2 | 9.9 | 112 |
Bear Stearns & Co Inc | 56,317.5 | 3 | 9.8 | 125 |
Royal Bank of Scotland Group | 51,082.3 | 4 | 8.9 | 83 |
Credit Suisse First Boston | 49,813.0 | 5 | 8.7 | 107 |
Morgan Stanley | 39,899.8 | 6 | 7.0 | 52 |
Deutsche Bank AG | 37,784.1 | 7 | 6.6 | 72 |
Citigroup | 31,494.2 | 8 | 5.5 | 82 |
Merrill Lynch & Co Inc | 30,216.6 | 9 | 5.3 | 47 |
Banc of America Securities LLC | 27,085.6 | 10 | 4.7 | 63 |
Industry Total | 573,099.0 | - | 100.0 | 1,140 |
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.
4h 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