Manager Activity: Autos
| Book Runner | Amount (US$ Mil) | Rank | Mkt. Share |
Number of Issues |
|---|---|---|---|---|
| Deutsche Bank Securities, Inc. | 1,147.9 | 1 | 50.0 | 2 |
| RBS Securities, Inc. | 689.4 | 2 | 30.0 | 1 |
| Barclays Capital | 458.5 | 3 | 20.0 | 1 |
| Industry Total | 2,295.8 | – | 100.0 | 2 |
More From Asset Securitization Report
Data center ABS Iskandar and Kaveh bring to market, raising $1.4 billion
Iskandar and Kaveh have a liquidity reserve of about $16.3 million at closing, and a cash-trapping trigger if the three-month average class A debt service coverage ratio (DSCR) falls below 1.45x.
Equipment lender Ansley Park’s first ABS raises $453.4 million
Although the deal, which closes on November 26, is the first securitization from Ansley Park, its owned portfolio since January 2024 has had strong performances with no losses to date.
Prime loans on new Hondas to raise up to $2.4 billion in ABS
Moody's finds that Honda's underlying pool has a strong credit profile, and that tier A loans account for 77.1% for the base principal note amount.
The top-performing 20 public banks with under $2B of assets
Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.
Wells Fargo revolving credit cards support $500 million ABS deal
The B, C and D tranches maintain minimum subordination percentages, 12.5%, 8.1% and 4.3%, respectively, allowing them to provide credit support for the class A notes.
