Oportun Financial Corp. has announced the issuance of $485 million in two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. The offering consists of five classes of fixed rate notes—Class A through Class E—with coupons ranging from 4.32% to 9.38% per annum. The weighted average coupon for the 2026-A ABS transaction is 5.25%, with a weighted average yield of 5.32%. Fitch assigned ratings from AAA to BB- across the classes. Oportun also repaid $37.5 million of corporate debt during the fourth quarter, as part of its ongoing balance sheet optimization efforts. For more information visit oportun.com.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oportun Financial Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9651637) on February 09, 2026, and is solely responsible for the information contained therein.