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Press Release: Oportun Completes Sale of Subordinate Asset-Backed Securities

Press Release: Oportun Completes Sale of Subordinate Asset-Backed Securities

新聞稿:Oportun 完成出售下屬資產支持證券
Dow Jones Newswires ·  2020/11/06 05:05

Press Release: Oportun Completes Sale of Subordinate Asset-Backed Securities

新聞稿:Oportun 完成出售下屬資產支持證券

Oportun Completes Sale of Subordinate Asset-Backed Securities

Oportun 完成出售下屬資產支持證券

SAN CARLOS, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial institution, today announced that it completed the sale of the Class D bonds previously retained as part of its Series 2018-B asset-backed securitization and the Class C and Class D bonds previously retained as part of Series 2019-A asset-backed securitization. The Class C and Class D bonds were placed with a global asset manager. Jefferies LLC served as placement agent for the transaction.

加利福尼亞州聖卡洛斯,2020 年 11 月 5 日(全球新聞社)-任務驅動型金融機構 Oportun(納斯達克股票代碼:OPRT)今天宣佈完成銷售先前作為其 2018-B 系列資產支持證券化的一部分保留的 D 類債券,以及之前作為 2019-A 系列資產支持證券化的一部分保留的 C 類和 D 類債券的銷售。C 類債券及 D 類債券由環球資產管理公司發放。富瑞有限責任公司擔任該交易的安置代理。

Oportun reported that the deal closed on October 30, 2020 and provided the company with $39.8 million of net proceeds after fees and transaction expenses.

Oportun 報告稱,該交易於 2020 年 10 月 30 日完成,並為公司提供了 3.9.8 億美元的淨收益(扣除費用和交易費用)。

"Given the strong trading levels of our asset-backed bonds, we decided to sell the Class C and D tranches we had retained from prior securitizations to provide Oportun with additional capital to grow our customer base and fulfill our mission," said Jonathan Coblentz, Chief Financial Officer at Oportun. "This transaction is a strong indicator of market demand for our subordinate bonds and it reflects confidence in our collateral performance and our business model."

Oportun 首席財務長 Jonathan Coblentz 表示:「鑑於我們的資產支持債券交易水平強勁,我們決定出售我們從先前證券化中保留的 C 類和 D 類股票,以為 Oportun 提供額外的資本,以擴大我們的客戶群並履行我們的使命。「這項交易是市場對下屬債券需求的有力指標,反映了對我們的抵押品表現和業務模式的信心。」

Established in 2005, Oportun has extended more than $9 billion in affordable loans, primarily to people living in low- and moderate-income (LMI) communities. By originating more than 3.8 million loans, Oportun has saved its customers more than $1.7 billion in interest and fees when compared to the other options available to its LMI customers.

Oportun 成立於 2005 年,已經擴展了超過 90 億美元的可負擔貸款,主要是生活在中低收入(LMI)社區中的人們。與 LMI 客戶可用的其他選擇相比,Oportun 通過發放超過 380 萬筆貸款,為客戶節省了超過 17 億美元的利息和費用。

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

本新聞稿並不構成要約出售或招攬購買要約,亦不得在任何司法管轄區的司法管轄區內出售該等證券,而該等要約、招攬或出售在根據該司法管轄區的證券法進行註冊或取得資格前將屬違法行為。

About Oportun

關於奧文

Oportun (Nasdaq: OPRT) is a mission-driven Community Development Financial Institution (CDFI). Oportun provides inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and advanced proprietary technology. By lending money to hardworking, low- and moderate-income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities. Oportun serves customers in English and Spanish, online and over the phone in 32 states, and in-person at more than 330 retail locations across 9 of those states.

歐波坦(納斯達克股票代碼:OPRT)是一家以使命為導向的社區發展金融機構(CDFI)。Oportun 提供包容性、價格合理的金融服務,並深入了解其客戶資料驅動,以及先進的專有技術。通過向勤奮,低收入和中等收入的人士借錢,Oportun 幫助他們在生活中前進,展示他們的信用可靠性,並建立他們獲得新機會所需的信用記錄。Oportun 以英語和西班牙語為客戶提供服務,在 32 個州的在線和通過電話為客戶提供服務,並在其中 9 個州的 330 多個零售點親自為客戶提供服務。

Investor Contact

投資者聯絡

Nils Erdmann

尼尔斯·厄德曼

650-810-9074

650-810-9074

ir@oportun.com

ir@oportun.com

Media Contact

媒體聯絡

Usher Lieberman

亞瑟·利伯曼

650-769-9414

650-769-9414

usher.lieberman@oportun.com

usher.lieberman@oportun.com

(END) Dow Jones Newswires

(完) 道瓊斯通訊社

November 05, 2020 16:05 ET (21:05 GMT)

二零年十一月五日 16:05 東部時間 (格林威治標準時間 21:05

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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