| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| CREDIT CARD ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| – | – | – | – | – |
| Industry Total | – | – | – | – |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
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.
Eagle Credit issues two ABS card note series totaling $450 million
In both pools, Fitch finds that gross yields remained strong at 26.49%, up from 25.74% a year ago. Also, the monthly payment rate increased to 64.57%, an increase from 63.82% a year prior.
Robinhood Credit’s card portfolio to support $500 million in ABS
The predominant portion of receivables in the trust portfolio is composed of receivables from the Robinhood Gold Card program, which the company launched in March 2024.
DailyPay prepares to sell $200 million in ABS
The fintech integrates with payroll systems of employers to arrange early access to earned wages for its customers.
Pimco faces AAA debt loss after 85% writedown of office complex
Appraised for $471 million in 2019, a judge last month approved the sale of the complex for $70 million clearing the way for the deal to close in the coming weeks.
