Oportun completes $538 million asset-backed securitization

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Oportun Completes $538 Million Asset Backed Securitization

August 21, 2025 4:10 PM EDT

5.294% average yield, 38 basis points lower than previous ABS financing in June

AAA rating on the most senior bonds; and

Company has proactively paid down $10 million of higher cost corporate debt since end of the second quarter

 

SAN CARLOS, Calif., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a... More