Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
JPMorgan Securities | 11,994.9 | 1 | 45.7 | 4 |
Banc of America Securities | 11,558.4 | 2 | 44.0 | 4 |
Barclays Capital | 8,836.0 | 3 | 33.7 | 2 |
Credit Suisse Securities | 8,707.8 | 4 | 33.2 | 3 |
Deutsche Bank Securities | 7,729.2 | 4 | 29.4 | 3 |
Morgan Stanley | 6,270.3 | 6 | 23.9 | 2 |
Goldman Sachs | 5,842.0 | 7 | 22.3 | 2 |
Wachovia Securities | 4,806.0 | 8 | 18.3 | 1 |
Lehman Brothers | 4,142.0 | 9 | 15.8 | 1 |
RBS Greenwich Capital | 3,051.4 | 10 | 11.6 | 1 |
Industry Total | 26,248.6 | - | 100.0 | 11 |
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