| 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 |
| Deutsche Bank AG | 2,400.7 | 1 | 18.3 | 4 |
| Morgan Stanley | 2,041.7 | 2 | 15.6 | 3 |
| Barclays Capital | 1,492.5 | 3 | 11.4 | 2 |
| Credit Suisse First Boston | 1,243.6 | 4 | 9.5 | 2 |
| ABN AMRO | 1,243.6 | 4 | 9.5 | 2 |
| Citigroup | 944.1 | 6 | 7.2 | 2 |
| Banc of America Securities LLC | 750.0 | 7 | 5.7 | 1 |
| Lehman Brothers | 725.8 | 8 | 5.5 | 1 |
| JP Morgan | 725.8 | 8 | 5.5 | 1 |
| HSBC Holdings PLC | 566.7 | 10 | 4.3 | 1 |
| Industry Total | 13,114.5 | – | 100.0 | 11 |
| Source: Thomson Financial | ||||
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Enterprise Fleet Financing aims to sell $1 billion in ABS
Smaller and largely unrated non-investment grade entities compose the assets, but the historical managed portfolio and securitized delinquencies and losses remain low, even during recessions.
