Pagaya Technologies Closes $400 Million Asset-Backed Securitization

MT Newswires Live12-03

Pagaya Technologies (PGY) said Wednesday it has closed a $400 million auto asset-backed securitization.

The company said it has completed 18 ABS transactions so far this year for a total of $7.6 billion, which it added is the most capital raised it has raised under its ABS program.

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