Pagaya Raises $1 Billion Across Two New Personal Loan and Auto ABS Deals, Signaling Strong Capital Markets Demand
Portfolio Pulse from
Pagaya Technologies LTD. (NASDAQ: PGY) has successfully raised $1 billion through two new ABS deals, indicating strong demand in capital markets. This includes their fourth AAA-rated personal loan ABS and first AA-rated auto ABS, with participation from 28 investors.
November 06, 2024 | 1:45 pm
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Pagaya Technologies has raised $1 billion through two ABS deals, highlighting strong investor demand and confidence in their financial products. This could positively impact their stock price.
The successful raising of $1 billion through ABS deals indicates strong demand and confidence in Pagaya's financial products. This is likely to positively influence investor sentiment and could lead to a short-term increase in stock price.
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