SoFi Reports Securitization Agreement of $525 Million with PGIM Fixed Income! High Demand for Consumer Loans!
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The digital fintech company SoFi Technologies (SOFI) announced in a press release on Thursday, January 16, 2025, that an agreement for the securitization of consumer loans amounting to $525 million has been reached with funds and accounts managed by PGIM Fixed Income during the fourth quarter of 2024. The stock rose by 5.09% to $16.30 by the market close. Second Agreement with PGIM Fixed Income for Consumer Loans Completed PGIM Fixed Income is one of the largest global fixed-income managers, handling $859 billion in assets under management (AUM),...
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