macro

Pagaya closes $650 million auto ABS, reaches 100th deal

Pagaya Technologies completed a $650 million auto-loan ABS with 35 investors, including five new participants in its RPM securitization platform.

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what happened

TradingView reported that Pagaya Technologies Ltd. completed RPM 2026-5, a $650 million securitization of auto loans. The transaction was the company’s 100th securitization.

Thirty-five investors took part, including five that were new to Pagaya’s RPM shelf. The report said the company’s ABS issuance has exceeded $10 billion year to date in 2026 and reached more than $44 billion over its lifetime.

why it matters

The transaction points to continued access to ABS funding and a broader investor base for Pagaya. The report does not provide pricing terms, collateral-performance data, or evidence of how the deal affected revenue or margins. TradingView said the underlying press release from Pagaya Technologies Ltd. was distributed by BusinessWire, and the information should be checked against the original source.

instruments

PGY

sources

  1. Pagaya Technologies Ltd. (PGY) Closes $650M Auto ABS, Marks 100th Deal — TradingView, 12 October 2026 at 12:30 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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