Pagaya Technologies Ltd. has announced the closing of an $800 million AAA-rated personal loan asset-backed securitization (ABS) transaction, named PAID 2026-1. This marks Pagaya's 85th ABS transaction and is its largest securitization since November 2024. The offering saw participation from 32 unique investors, with strong demand leading to a 33% upsize from the initial $600 million target. Since 2018, Pagaya has issued over $34.5 billion across 85 ABS transactions, supporting originations in personal loan, auto, and point-of-sale programs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pagaya Technologies Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260204537493) on February 04, 2026, and is solely responsible for the information contained therein.