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Pagaya Achieves First AAA-Rated Auto ABS with $300 Million Deal, Underscoring Strength of its Auto Platform

Sentiment:Positive (90)

Summary

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) (Pagaya or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a new $300 million AAA-rated auto loan ABS transaction (RPM 2025-3). This marks the first AAA-rated transaction from Pagaya’s RPM program, a milestone made possible by the consistent performance and scaled production the Company has demonstrated since launching the program six

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Article published on June 12, 2025 by businesswire