| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| AUTO ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Deutsche Bank AG | 4,207.7 | 1 | 15.5 | 8 |
| Credit Suisse First Boston | 3,449.5 | 2 | 12.7 | 7 |
| Merrill Lynch & Co Inc | 3,402.4 | 3 | 12.5 | 6 |
| Citigroup | 3,206.3 | 4 | 11.8 | 5 |
| Barclays Capital | 3,195.9 | 5 | 11.8 | 6 |
| Banc of America Securities LLC | 2,899.9 | 6 | 10.7 | 6 |
| JP Morgan | 2,268.8 | 7 | 8.4 | 4 |
| Wachovia Corp | 1,837.0 | 8 | 6.8 | 4 |
| Goldman Sachs & Co | 1,289.0 | 9 | 4.8 | 1 |
| Lehman Brothers | 780.3 | 10 | 2.9 | 1 |
| Industry Total | 27,153.5 | – | 100.0 | 26 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
SAGE Residential raises $463.8 million from closed-end second-line mortgages
The A1 class is broken down into three AAA-rated tranches, made up of initial exchangeable notes that can be exchanged for the exchangeable notes.
Wall Street’s AI debt machine is starting to choke on supply
Yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors.
Unlock Tech raised $433.1 million amid tough bond rates week
The home equity agreements provider faced a week of the 10-year Treasury almost breaking through 5.35%, and a period of peaking mortgage rates.
Bond-market doubts grow over gridlock as cure for deficit angst
A split Congress has often been a bullish recipe for Treasuries. Benchmark 10-year yields have been lower on average one and 12 months after midterms that produced such a result.
Bankers Healthcare gets set to raise almost $400 million in ABS
The deal continues BHG's more recent streak of securitizing loans collateralized exclusively by consumer loans. The deal is the program's sixth term 144A securitization backed by consumer loans.