$Oportun Financial (OPRT.US)$ Oportun Completes $425 Million Asset Backed Securitization Thursday, 16th January at 4:05 pm Transaction over seven times oversubscribed 6.95% average yield 127 basis points lower than prior August 2024 ABS financing SAN CARLOS, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ: OPRT), a mission-driven financial services company, today announced the issuance of $425 million of one-year revolving fixed rate asset-backed notes secured by a pool of unsecured...
$Gorilla Technology (GRRR.US)$PR: CEO will have interview with Red Chip Small Stock, Big Money show on Sat Dec 14. Reports on CEO on X that they have been selected from the shortlist for the $438M deal in SE Asia. Low float. $23.2M cash good for 12 months $Checkpoint Therapeutics (CKPT.US)$$Fortress Biotech (FBIO.US)$FDA approval of drug for metastatic cutaneous squamous cell carcinoma. This drug is the first and only progr...
Please take note of the following acronyms NFA = not financial advice RTH = regular trading hours AH = after hours LTB = left to borrow CTB = cost to borrow *I removed$AmpliTech Group (AMPG.US)$because it just announced direct offering of $2M valued $1.6/shares. Now there are offerings where market defies it and continues to rally. We shall see tomorrow $Nuburu (BURU.US)$PR AH 12/11: Resolved compliance issue. Up AH. Low float. CTB...
Omar17
:
Jag thank you from my heart for you time and everything you doing. Brother Im try not bother you with questions. But I give up and I can’t to figure out how to calculate the: Si (sort interest), LTB and CTB. please Whenever you have time can you explain how and where you find this information? Thank you so much
$Oportun Financial (OPRT.US)$ Oportun Announces Next Step to Optimize Capital Structure and Drive Improved Profitability Oportun (OPRT) has secured a new $235 million Senior Secured Term Loan to refinance its existing corporate financing facility. The loan, provided by Castlelake L.P. and Neuberger Berman, carries a 15% fixed rate and matures in November 2028. As part of the deal, lenders will receive warrants equal to 9.8% of fully-diluted shares. The company reported preliminary Q3 2024 r...
$Oportun Financial (OPRT.US)$ Oportun Announces Definitive Agreement to Sell its Credit Card Portfolio Oportun (Nasdaq: OPRT) has announced a definitive agreement to sell its credit card portfolio to Continental Finance. This move is part of Oportun's strategy to enhance profitability by focusing on its core products: unsecured personal loans, secured personal loans, and the Set & Save™ savings product. The transaction is now expected to close around November 10, 2024, later than initially pl...
$Oportun Financial (OPRT.US)$Oportun Announces $306 Million Committed Warehouse Facility Extension 3 MINUTES AGO, 6:09 PM EDT VIA GLOBENEWSWIRE SAN CARLOS, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today announced the closing of an amendment and extension to its long-term warehouse facility. Features of this facility include: • $306 million total commitment • Goldman Sachs as senior lender – and Jefferies, as mezzanine...
$Oportun Financial (OPRT.US)$ Oportun Completes $223 Million Asset Backed Securitization Oportun (Nasdaq: OPRT), a mission-driven fintech, has successfully completed a $223.25 million asset-backed securitization. The offering included four classes of fixed rate notes secured by a pool of unsecured and secured installment loans. KBRA rated the notes AA-, A-, BBB-, and BB- for Class A, B, C, and D respectively. The weighted average coupon on the transaction was 8.07%, with individual class coup...
Report
No comment yet
Sign in to post a comment
Trending Stocks
Top Gaining Chinese Stocks Top Gaining Chinese Stocks
Oportun Financial Stock Forum
Dow Jones· 1 min ago
Oportun Completes $425 Million Asset Backed Securitization
Thursday, 16th January at 4:05 pm
Transaction over seven times oversubscribed
6.95% average yield 127 basis points lower than prior August 2024 ABS financing
SAN CARLOS, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ: OPRT), a mission-driven financial services company, today announced the issuance of $425 million of one-year revolving fixed rate asset-backed notes secured by a pool of unsecured...
$Checkpoint Therapeutics (CKPT.US)$ $Fortress Biotech (FBIO.US)$ FDA approval of drug for metastatic cutaneous squamous cell carcinoma. This drug is the first and only progr...
NFA = not financial advice
RTH = regular trading hours
AH = after hours
LTB = left to borrow
CTB = cost to borrow
*I removed $AmpliTech Group (AMPG.US)$ because it just announced direct offering of $2M valued $1.6/shares. Now there are offerings where market defies it and continues to rally. We shall see tomorrow
$Nuburu (BURU.US)$ PR AH 12/11: Resolved compliance issue. Up AH. Low float. CTB...
Oportun Announces Next Step to Optimize Capital Structure and Drive Improved Profitability
Oportun (OPRT) has secured a new $235 million Senior Secured Term Loan to refinance its existing corporate financing facility. The loan, provided by Castlelake L.P. and Neuberger Berman, carries a 15% fixed rate and matures in November 2028. As part of the deal, lenders will receive warrants equal to 9.8% of fully-diluted shares. The company reported preliminary Q3 2024 r...
Oportun Announces Definitive Agreement to Sell its Credit Card Portfolio
Oportun (Nasdaq: OPRT) has announced a definitive agreement to sell its credit card portfolio to Continental Finance. This move is part of Oportun's strategy to enhance profitability by focusing on its core products: unsecured personal loans, secured personal loans, and the Set & Save™ savings product. The transaction is now expected to close around November 10, 2024, later than initially pl...
3 MINUTES AGO, 6:09 PM EDT
VIA GLOBENEWSWIRE
SAN CARLOS, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today announced the closing of an amendment and extension to its long-term warehouse facility. Features of this facility include:
• $306 million total commitment
• Goldman Sachs as senior lender – and Jefferies, as mezzanine...
Oportun Completes $223 Million Asset Backed Securitization
Oportun (Nasdaq: OPRT), a mission-driven fintech, has successfully completed a $223.25 million asset-backed securitization. The offering included four classes of fixed rate notes secured by a pool of unsecured and secured installment loans. KBRA rated the notes AA-, A-, BBB-, and BB- for Class A, B, C, and D respectively. The weighted average coupon on the transaction was 8.07%, with individual class coup...
No comment yet