Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Merrill Lynch & Co Inc | 5,289.7 | 1 | 19.7 | 6 |
Deutsche Bank AG | 3,616.4 | 2 | 13.5 | 5 |
Morgan Stanley | 3,275.2 | 3 | 12.2 | 6 |
JP Morgan | 3,207.9 | 4 | 12.0 | 6 |
Citigroup | 2,986.6 | 5 | 11.2 | 4 |
Credit Suisse First Boston | 2,745.6 | 6 | 10.3 | 4 |
UBS | 2,420.0 | 7 | 9.0 | 5 |
Banc of America Securities LLC | 1,781.4 | 8 | 6.7 | 2 |
Lehman Brothers | 1,012.6 | 9 | 3.8 | 2 |
RBC Capital Markets | 462.0 | 10 | 1.7 | 1 |
Industry Total | 26,797.3 | - | 100.0 | 23 |
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.
2h 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