Affirm Announces That PGIM Fixed Income Has Completed An Inaugural Private Purchase Of $500M In Loans
Affirm Announces That PGIM Fixed Income Has Completed An Inaugural Private Purchase Of $500M In Loans
Affirm Holdings, Inc. (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth, and PGIM Fixed Income, a Prudential Financial (NYSE:PRU) company and one of the largest global fixed income managers with $859 billion in assets under management, today announced that PGIM Fixed Income has completed an inaugural private purchase of $500 million in Affirm loans.
赋予消费者权力和帮助商家推动增长的支付网络Affirm Holdings, Inc.（纳斯达克股票代码：AFRM）和保诚金融（纽约证券交易所代码：PRU）公司、管理着8,590亿美元资产的全球最大的固定收益管理公司之一PGim固定收益今天宣布，PGim固定收益已完成对5亿美元Affirm贷款的首次私人购买。
The transaction deepens Affirm's partnership with PGIM Fixed Income, which manages a leading asset-based finance ("ABF") platform and more than $120 billion in assets under management across public and private securitized credit*. Previously, PGIM Fixed Income invested in Affirm's assets via the company's public asset-backed securitizations. As a scaled and programmatic issuer, Affirm has issued 21 asset-backed securitizations totaling nearly $10 billion with participation from over 130 unique capital partners across institution types, including: alternative asset managers, insurance companies, pension funds, sovereign wealth funds, hedge funds, and banks.
该交易加深了Affirm与pGim固定收益的合作伙伴关系，后者管理着领先的资产融资（“ABF”）平台以及超过1200亿美元的公共和私人证券化信贷管理资产*。此前，PGim固定收益通过公司的公共资产支持证券化投资于Affirm的资产。作为规模化程序化发行人，Affirm已发行了21种总额近100亿美元的资产支持证券，参与的机构类型包括另类资产管理公司、保险公司、养老基金、主权财富基金、对冲基金和银行。
