Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 4,506.5 | 1 | 19.1 | 8 |
Morgan Stanley | 4,244.2 | 2 | 18.0 | 8 |
Deutsche Bank AG | 3,783.7 | 3 | 16.1 | 6 |
Credit Suisse First Boston | 3,450.4 | 4 | 14.7 | 6 |
Merrill Lynch & Co Inc | 3,251.0 | 5 | 13.8 | 5 |
JP Morgan | 1,398.0 | 6 | 5.9 | 4 |
Banc of America Securities LLC | 1,186.3 | 7 | 5.0 | 3 |
UBS | 718.0 | 8 | 3.1 | 3 |
BANK ONE Corp | 507.6 | 9* | 2.2 | 1 |
Lehman Brothers | 507.6 | 9* | 2.2 | 1 |
Industry Total | 23,553.3 | - | 100.0 | 22 |
Source: Thomson Financial |
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Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
10h ago -
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
April 24 -
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