Pagaya Issues AAA-Rated $600 Million Personal Loan ABS Transaction
Business Wire•05/10/2026•08:30 ET
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Key Highlights
- ➤$600 million AAA-rated personal loan ABS transaction closes
- ➤Year-to-date personal loan ABS issuance exceeds $6 billion
- ➤Total year-to-date ABS issuance surpasses $9 billion
- ➤Forty-seven investors participated, including three new platform investors
Expert Statements
Sahil Chandiramani, Head of Capital Markets at Pagaya
“We achieved tighter pricing on this transaction relative to recent deals, which reflects strong investor confidence in Pagaya's credit performance and underwriting platform.”
Sahil Chandiramani, Head of Capital Markets at Pagaya
“As we evolve our funding model, we're balancing programmatic syndicated issuance with new products, including private revolving structures and warehouse lines. A diversified funding strategy gives us more flexibility and reduces reliance on any single channel—allowing us to scale efficiently in all market environments.”
Pagaya Issues AAA-Rated $600 Million Personal Loan ABS Transaction
Latest deal brings Pagaya’s year-to-date ABS issuance to over $9 billion
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