Dechert Advises Pagaya on Agreement to Sell U.S. $1 Billion of Consumer Loans
October 17, 2024
October 17, 2024
PHILADELPHIA, Pennsylvania, Oct. 17 -- Dechert, a law firm, issued the following news:
Dechert advised Pagaya Technologies LTD. (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, on an agreement to source up to US$1 billion in consumer loans to Castlelake, L.P.
This transaction expands and diversifies Pagaya's funding capacity, enhances capital efficiency and adds a strategic funding partner to its network . . .
Dechert advised Pagaya Technologies LTD. (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, on an agreement to source up to US$1 billion in consumer loans to Castlelake, L.P.
This transaction expands and diversifies Pagaya's funding capacity, enhances capital efficiency and adds a strategic funding partner to its network . . .