Axos Financial Files Response To Hindenburg Short Report, Says This Report Contains A Series Of Inaccuracies And Innuendo That Include False, Incomplete And Misleading Allegedly Factual Information; Reaffirms Strong Credit Performance, Cites $5.22B CRE Specialty Lending With Senior Secured Loan Structures And Fund Partners Including Carlyle, Related Group, Fortress, And Others
Portfolio Pulse from Benzinga Newsdesk
Axos Financial has filed a response to a short report by Hindenburg, claiming the report contains inaccuracies and misleading information. Axos reaffirms its strong credit performance and highlights its $5.22 billion CRE specialty lending with senior secured loan structures and fund partners including Carlyle, Related Group, and Fortress.
June 04, 2024 | 7:11 pm
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Axos Financial has responded to a short report by Hindenburg, claiming the report contains inaccuracies and misleading information. The company reaffirms its strong credit performance and highlights its $5.22 billion CRE specialty lending with senior secured loan structures and notable fund partners.
Axos Financial's strong rebuttal to the Hindenburg short report and reaffirmation of its credit performance and significant CRE specialty lending portfolio with reputable partners is likely to reassure investors and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100