Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Lehman Brothers | 36,779.5 | 1 | 10.2 | 85 |
Countrywide Securities Corp | 31,733.9 | 2 | 8.8 | 50 |
Royal Bank of Scotland Group | 31,220.0 | 3 | 8.7 | 76 |
Credit Suisse | 27,916.1 | 4 | 7.8 | 74 |
Morgan Stanley | 27,249.1 | 5 | 7.6 | 28 |
Deutsche Bank AG | 25,876.4 | 6 | 7.2 | 55 |
Bear Stearns & Co Inc | 23,012.5 | 7 | 6.4 | 70 |
Merrill Lynch & Co Inc | 21,122.1 | 8 | 5.9 | 36 |
Citigroup | 19,526.3 | 9 | 5.4 | 52 |
Goldman Sachs & Co | 19,441.5 | 10 | 5.4 | 42 |
Industry Total | 359,710.1 | - | 100.0 | 695 |
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.
7h 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