Tagged: levered certificates

LendingClub Continues Innovating with Levered Certificates backed by Marketplace Loans

LendingClub (NYSE: LC) has issued its “next-generation certificates,” called “Levered Certificates.” These certificates are backed by approximately $100 million of loans originated on the LendingClub platform. According to a release, LendingClub has structured the offerings to consist of two securities, one equity certificate, and one… Read More

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