Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Credit Suisse First Boston | 1,989.5 | 1 | 20.2 | 4 |
Merrill Lynch & Co Inc | 1,266.2 | 2* | 12.9 | 2 |
JP Morgan | 1,266.2 | 2* | 12.9 | 2 |
Morgan Stanley | 1,012.6 | 4* | 10.3 | 2 |
Lehman Brothers | 1,012.6 | 4* | 10.3 | 2 |
Banc of America Securities LLC | 901.6 | 6* | 9.2 | 2 |
Citigroup | 901.6 | 6* | 9.2 | 2 |
UBS | 530.0 | 8 | 5.4 | 1 |
Deutsche Bank AG | 489.9 | 9 | 5.0 | 1 |
RBC Capital Markets | 462.0 | 10 | 4.7 | 1 |
Industry Total | 9,832.0 | - | 100.0 | 9 |
Source: Thomson Financial |
-
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
3h ago -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
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 -
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22 -
Price guidance was not available on the series 2024-1, the database notes that the series 2024-2 class A notes are expected to price between 63 and 65 basis points over the three-month interpolated yield curve.
April 22