| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Banc of America Securities | 12,758.4 | 1 | 42.8 | 5 |
| JPMorgan Securities | 11,994.9 | 2 | 40.3 | 4 |
| Credit Suisse Securities | 9,748.8 | 3 | 32.7 | 4 |
| Deutsche Bank Securities | 8,929.2 | 4 | 30.0 | 4 |
| Barclays Capital | 8,836.0 | 5 | 29.7 | 2 |
| Goldman Sachs | 6,883.0 | 6 | 23.1 | 3 |
| Morgan Stanley | 6,270.3 | 7 | 21.0 | 2 |
| Wachovia Securities | 4,806.0 | 8 | 16.1 | 1 |
| Lehman Brothers | 4,142.0 | 9 | 13.9 | 1 |
| RBS Greenwich Capital | 3,051.4 | 10 | 10.2 | 1 |
| Industry Total | 29,789.6 | - | 100.0 | 14 |
| Source: Thomson Financial | ||||
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GDLP 2026-2 also has lower levels of initial credit enhancement compared to GDLP 2026-1, at 6.12% versus 5.74%; overcollateralization at 23.90% versus 24.92% and total gross excess spread of 5.55% versus 5.98%.
4h ago -
Federal Reserve Vice Chair for Supervision Michelle Bowman Friday highlighted a pair of new provisions to the final stress test framework that arose from public commentary submitted to the agency last year.
6h ago -
To keep cash flowing to the notes, the deal's senior notes have an interest reserve account covering three months' worth of class A note interest payments and fees.
September 17 -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17 -
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
September 17







