Nelnet Inc co sponsors 200 million asset backed securitization of unsecured consumer loans

Reuters10-09
Nelnet Inc co sponsors 200 million asset backed securitization of unsecured consumer loans

Nelnet Inc. announced the closing of its co-sponsored debt offering, EDGEX 2025-2, in partnership with Edge Focus and other financial institutions. The transaction is a $200 million Rule 144A asset-backed securitization (ABS) backed by unsecured consumer loans. Two senior notes from this offering were placed with major institutional investors. Details such as price, maturity date, and interest rate were not disclosed in the announcement. No URL for the full prospectus was provided in the document.

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