Brief: Pagaya Launches A Revolving Asset-Backed Funding Structure Backed By Personal Loans With Investment From 26North
Jan 16 (Reuters) - Pagaya Technologies Ltd PGY.O: PAGAYA LAUNCHES A REVOLVING ASSET-BACKED FUNDING STRUCTURE BACKED BY PERSONAL LOANS WITH INVESTMENT FROM 26NORTH PAGAYA TECHNOLOGIES LTD - SECURES $350 MILLION IN PAID 2025-REV1 DEAL PAGAYA TECHNOLOGIES LTD - TRANSACTION ESTABLISHES UP TO $700 MILLION IN FLEXIBLE FUNDING CAPACITY PAGAYA TECHNOLOGIES LTD - TOTAL TRANSACTION FUNDING CAPACITY TO UP TO ABOUT $700 MILLION OVER LIFE OF DEAL Source text: ID:nBw26LkYRa Further company coverage: PGY.O ((Reuters.Briefs@thomsonreuters.com;))
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