Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 6,332.8 | 1 | 19.8 | 11 |
Morgan Stanley | 4,898.6 | 2 | 15.3 | 10 |
Merrill Lynch & Co Inc | 4,523.7 | 3 | 14.2 | 9 |
Deutsche Bank AG | 3,841.8 | 4 | 12.0 | 7 |
Credit Suisse First Boston | 3,583.8 | 5 | 11.2 | 7 |
UBS | 2,368.0 | 6 | 7.4 | 5 |
JP Morgan | 1,846.7 | 7 | 5.8 | 5 |
Banc of America Securities LLC | 1,840.6 | 8 | 5.8 | 5 |
Lehman Brothers | 956.3 | 9 | 3.0 | 2 |
BANK ONE Corp | 507.6 | 10 | 1.6 | 1 |
Industry Total | 31,954.7 | - | 100.0 | 32 |
Source: Thomson Financial |
-
There are two series, 2024-1 and 2024-2, that have revolving periods—three for the 2024-1 and five for the 2024-2—during which noteholders will not receive any principal.
1h ago -
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Aside from the cash flow stabilization, another credit positive to the deal, TAH Operations is property manager to the portfolio, and has strong processes and controls.
March 27 -
Four tranches of class A notes make up the capital structure, and they all benefit from 3.00% in total initial hard credit enhancement.
March 26