Pagaya (PGY) Closes Upsized $800 Million AAA Personal Loan ABS Deal
Key takeaways
- Pagaya (PGY) Closes Upsized $800 Million AAA Personal Loan ABS Deal Faheem Tahir Sun, June 21, 2026 at 2:03 AM GMT+7 2 min read PGY Pagaya Technologies Ltd.
- That selloff has not stopped Pagaya Technologies Ltd.
- (NASDAQ:PGY) announced the closing of an upsized $800 million AAA-rated personal loan ABS transaction, named PAID 2026-4.
Pagaya (PGY) Closes Upsized $800 Million AAA Personal Loan ABS Deal Faheem Tahir Sun, June 21, 2026 at 2:03 AM GMT+7 2 min read PGY Pagaya Technologies Ltd. (NASDAQ:PGY) features on the list of tech stocks to sell according to billionaires, with billionaire holdings declining from around $177.95 million in Q4 2025 to $62.40 million in Q1 2026, a decrease of about $115.55 million.
That selloff has not stopped Pagaya Technologies Ltd. (NASDAQ:PGY) from posting wins on both the analyst and capital markets fronts.
On June 15, 2026, Pagaya Technologies Ltd. (NASDAQ:PGY) announced the closing of an upsized $800 million AAA-rated personal loan ABS transaction, named PAID 2026-4. The deal drew 39 unique investors and brought Pagaya’s year-to-date personal loan ABS issuance to nearly $4 billion, marking the company’s third upsized personal loan ABS transaction this year.