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Oct 20, 2025 8:20 AM

Oportun Completes $441 Million Asset Backed Securitization

5.77% average yield, demonstrates Oportun's continued access to low-cost fundingĀ 

Third consecutive transaction with AAA rating on most senior bonds

SAN CARLOS, Calif., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today announced the issuance of $441 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans.

The offering included five classes of fixed rate notes: Class A, Class B, Class C, Class D, and Class E. Fitch rated all classes of notes, assigning ratings of AAA, AA-, A-, BBB-, and BB-, respectively. Deutsche Bank Securities Inc served as the sole structuring agent and co-lead, and Goldman Sachs & Co. LLC, Jefferies LLC and Natixis Corporate & Investment Banking also served as co-leads.

The weighted average coupon on the transaction was ...