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16.06.25 - 22:39
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Findell Capital Releases Presentation on Oportun Financial (PR Newswire)
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Visit www.OpportunityAtOportun.com to Download the Presentation NEW YORK, June 16, 2025 /PRNewswire/ -- Findell Capital Partners, LP, (together with its affiliates, "Findell," "we" or "us") one of the largest stockholders of Oportun Financial Corporation (NASDAQ: OPRT) ("Oportun" or the......
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07.01.25 - 18:09
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KBRA Assigns Preliminary Ratings to Oportun Issuance Trust 2025-A (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Oportun Issuance Trust 2025-A (“OPTN 2025-A”), a $301.167 million consumer loan ABS transaction. OPTN 2025-A is a revolving ABS securitization collateralized by unsecured and secured consumer installment loans originated by Oportun Financial Corporation (“Oportun” or the “Company”). During the 12-month revolving period, eligible loans can be acquired into the securitization trust so long as they comply with the transaction's concentration limits and eligibility criteria.
OPTN 2025-A has initial credit enhancement levels ranging from 62.55% for the Class A notes to 3.35% for the Class E notes. Credit enhancement consists of overcollateralization, excess spread, a non-declining cash reserve account and subordination (except for the Class E notes). As of the Statistical Calculation Date, the current collateral balance is $310.0 million, with secured personal loans comprising approx...
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