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0 -0.00327735919180999 -0.000473020914281951 5.91276142852439E-05 -0.00919012062033318 0.00516944284893735 0.0499374936648984 0.0347332499915531
Stock impact report

Pagaya Issues AAA-rated $600 Million Personal Loan ABS Transaction

Pagaya Technologies Ltd. (PGY) 
Company Research Source: Business Wire
Consistent market demand led to the successful onboarding of four new institutional investors to the PAID platform, further diversifying the company’s funding base.Since inception, Pagaya has generated $28.5 billion in ABS for personal loans to support its growing Partner Network. 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 a $600 million AAA rated, personal loan ABS transaction (PAID 2026-2).A total of 27 unique investors participated in the personal loan securitization, with the majority returning from prior transactions, and despite recent market volatility 4 new investors who have not previously participated in Pagaya’s PAID platform. Since 2018, Pagaya has issued more than $36 billion across 86 ABS transactions with over 165 institutional investors, supporting originations across personal loan, auto, a Show less Read more
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