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0 0 0.00449775112443782 0.00449775112443782 0.00813343328335841 0.0194902548725638 0.0314842578710645 0.0344827586206897
Stock impact report

Pagaya Achieves Inaugural AAA Fitch Rating on $368 Million Personal Loan Resecuritization

Pagaya Technologies Ltd. - Class A Ordinary Shares (PGY) 
Company Research Source: Business Wire
Pagaya’s PAID resecuritization program now carries dual AAA ratings from Fitch and KrollExpansion to a major rating agency reflects consistent credit performance and enhances secondary market liquidityTransaction features personal loans with ~24 months of seasoning, offering enhanced stability and a proven track record NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of its latest PAID resecuritization transaction, PAID-2026-R2, totaling $368 million. Notably, this marks the program’s first transaction to be rated by Fitch Ratings.The deal garnered demand from 21 unique investors, with the majority returning from prior transactions. This is the fifth PAID resecuritization transaction, a program that was designed for investors seeking seasoned personal loan collateral with an established performance history. The add Show less Read more
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