Pagaya closes first auto resecuritization transaction at $450 million

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Pagaya Launches Inaugural Auto Resecuritization Program; Closing ~$450 Million Transaction

March 24, 2026 8:30 AM EDT

Featuring auto loans with ~24 months of seasoning, offering enhanced stability and a proven track record The transaction attracted 17 unique investors, highlighting demand for seasoned collateral from both new and existing RPM capital partners

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 its first-ever auto resecuritization transaction, RPM-2026-R1 closing at ~$450M.

Following the success of Pagayas personal loan... More