| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| DEALER FLOORPLAN ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 1,000.0 | 1 | 74.1 | 1 |
| Credit Suisse First Boston | 350.0 | 2 | 25.9 | 1 |
| Industry Total | 1,350.0 | – | 100.0 | 2 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
Home improvement loans secure $389 million in ABS from GoodLeap
GDLP 2026-2 also has lower levels of initial credit enhancement compared to GDLP 2026-1, at 6.12% versus 5.74%; overcollateralization at 23.90% versus 24.92% and total gross excess spread of 5.55% versus 5.98%.
PennyMac mortgages on investment properties to support $402.9 million in RMBS
Almost all the super senior classes of notes PMT Loan Trust, 2026-INV8 —A1 through A27—are expected to pay coupons of 5.0%, 5.5% or 6.0%, the same coupons as the previous transaction.
Cherry Technologies raises $350 million with latest ABS
There is an optional redemption feature, which allows certificate holders to redeem the notes on any day on or after the fifth business day before the monthly payment date in July 2028.
Carvana’s latest auto ABS raises $1.1 billion
S&P sets an estimated cumulative net loss of 2.85% for the CRVNA 2026-P2 notes, unchanged from the CRVNA 2026-P1, because the collateral characteristics were unchanged.
Yamaha Motor raises $400 million in ABS from dealer floorplan credits
The benchmark on the class A2 could change under certain circumstances, and the maximum allocation to the A2 notes will be 50% of the overall size of the A class.
