Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 7,352.6 | 1 | 21.2 | 14 |
Merrill Lynch & Co Inc | 5,143.5 | 2 | 14.8 | 11 |
Morgan Stanley | 4,898.6 | 3 | 14.1 | 10 |
Credit Suisse First Boston | 4,203.5 | 4 | 12.1 | 9 |
Deutsche Bank AG | 3,841.8 | 5 | 11.1 | 7 |
UBS | 2,368.0 | 6 | 6.8 | 5 |
JP Morgan | 2,096.2 | 7 | 6.0 | 6 |
Banc of America Securities LLC | 2,090.1 | 8 | 6.0 | 6 |
Lehman Brothers | 956.3 | 9 | 2.8 | 2 |
BANK ONE Corp | 507.6 | 10 | 1.5 | 1 |
Industry Total | 34,713.0 | - | 100.0 | 36 |
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