Tagged: ashish jain

SoFi Issues Record $2.6 Billion in ABS Notes During the First Quarter of 2018

SoFi announced on Monday it completed $2.6 billion in loan securitizations in the first quarter of 2018, a 35% increase over the prior-year period and its largest-ever quarterly ABS issuance volume. According to SoFi, during the first quarter of 2018, the lender completed a total of… Read More

SoFi Completes $960.2 Million Student Loan Securitization

Online lender SoFi announced on Thursday the closing of its $960.2 million offering of SoFi Professional Loan Program 2018-A Notes (SoFi 2018-A). According to the lending platform, the offering reflects underlying collateral of more than $1billion in student loans and is SoFi’s largest ever securitization, as well… Read More

SoFi Completes $769 Million Student Loan Securitization; Brings Total ABS Issuance to $6.9 Billion in 2017

On Friday, online lending platform SoFi announced that it has closed its $769 million SoFi Private Student Loan notes (SoFi 2017-F). The lender revealed that the closing marked its 12th ABS transaction this year and brings the total amount of ABS issuance to $6.9 billion. SoFi reported… Read More

SoFi Completes $776.7 Million Loan Securitization

SoFi announced on Friday the closing of a $776.7 million offering of SoFi Professional Loan Program 2017-E notes, which has been dubbed the lending platform’s largest loan securitization. According to the online lender, SoFi 2017-E marks the company’s largest asset-backed securities issue to date and its 10th ABS… Read More

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