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.
Affirm Holdings公司(NASDAQ:AFRM)是一家付款網絡,賦予消費者權力並幫助商家實現增長,PGIm固收是保德信金融(NYSE:PRU)旗下的一家全球最大的固定收益管理機構,管理着8590億美元的資產。今天宣佈,PGIm固收已完成對Affirm貸款的首次私有購買,金額爲50000萬美元。
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.
該交易加深了Affirm與PGIm固收的合作關係,後者管理着領先的基於資產的金融(ABF)平台,資產管理規模超過1200億美元,覆蓋公共和私人證券化信貸領域。此前,PGIm固收通過公司的公共資產支持證券化投資於Affirm的資產。作爲一個規模化和程序化的發行方,Affirm已經發行了21個資產支持證券化產品,總額近100億美元,吸引了130多個機構類型的資本合作伙伴參與,包括:另類資產管理公司、保險公司、養老金基金、主權財富基金、對沖基金和銀行。