Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 3,746.1 | 1 | 20.0 | 7 |
Morgan Stanley | 3,483.9 | 2 | 18.6 | 7 |
Deutsche Bank AG | 2,740.7 | 3 | 14.6 | 5 |
Credit Suisse First Boston | 2,437.7 | 4 | 13.0 | 5 |
Merrill Lynch & Co Inc | 2,238.3 | 5 | 11.9 | 4 |
JP Morgan | 1,398.0 | 6 | 7.5 | 4 |
Banc of America Securities LLC | 1,186.3 | 7 | 6.3 | 3 |
BANK ONE Corp | 507.6 | 8* | 2.7 | 1 |
Lehman Brothers | 507.6 | 8* | 2.7 | 1 |
UBS | 503.0 | 10 | 2.7 | 2 |
Industry Total | 18,749.1 | - | 100.0 | 18 |
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 -
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