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0 0 -0.00112443778110935 -0.00299850074962512 0.00562218890554731 0.000749625187406414 -7.49625187405881E-05 0.00374812593703154
Stock impact report

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-3 and Pagaya AI Debt Trust 2026-3 [Yahoo! Finance]

Pagaya Technologies Ltd. - Class A Ordinary Shares (PGY) 
Company Research Source: Yahoo! Finance
Pagaya AI Debt Trust 2026-3 (collectively "PAID 2026-3"), an unsecured consumer loan ABS transaction. PAID 2026-3 has initial hard credit enhancement levels of 83.57% for the Class A-1 Notes to 4.12% for the Class F-2 Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F-2 Notes), cash reserve accounts funded at closing, and excess spread. PAID 2026-3 will issue 15 classes of notes totaling $585.60 million with KBRA rating all classes of notes except the Class FR Securities, Class F2R Securities, and the Certificates. Pagaya Structured Products LLC, the sponsor and administrator, is a fully owned subsidiary of Pagaya US Holding Company LLC (formerly known as Pagaya Investments US LLC), which is 100% owned by Pagaya Technologies Ltd. ("Pagaya Technologies"), an Israeli corporation listed on the NASDAQ (PGY). Pagaya Technologies is a financial technology company in the lending marketplace that uses AI-driven credit and analysis techno Show less Read more
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