Workflow
Oportun Completes $538 Million Asset Backed Securitization

5.294% average yield, 38 basis points lower than previous ABS financing in June 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 mission-driven financial services company, today announced the issuance of approximately $538 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. AAA rating on the most senio ...