| 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 |
| Banc of America Securities LLC | 275.0 | 1* | 50.0 | 1 |
| Citigroup | 275.0 | 1* | 50.0 | 1 |
| Industry Total | 550.0 | – | 100.0 | 1 |
| 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.
Consumer contracts back Aqua Finance’s $328.9 million in ABS
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
American Credit auto ABS raises $756.3 million
The initial overcollateralization level was 14.50%, an increase from 14.00%. Target overcollateralization, meanwhile, increased to 18.75, compared with 16.50% on the previous deal.
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.
Splitero’s home equity investment contracts back $275 million in ABS
The cumulative advance rate on the notes include range from 68.5% and 87.7% on the A1 notes and A2 and A notes, respectively.
