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Pagaya closes $500M auto asset-backed securitization

Pagaya (PGY) Technologies announced the closing of RPM-2026-2, a $500M auto asset-backed securitization. Pagaya’s RPM shelf, now in its seventh year, continues to be a trusted source of high-quality collateral serviced by the country’s top auto lenders. Sixteen unique investors participated in this transaction, the majority of whom were repeat investors.

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