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BRIEF-OnDeck announces pricing of $250 million securitization
2016年4月27日 / 晚上11点22分 / 1 年前

BRIEF-OnDeck announces pricing of $250 million securitization

April 27 (Reuters) - OnDeck :

* OnDeck announces pricing of $250 million securitization

* Notes will have a final legal maturity of may 2020

* Notes consist of $211.5 million initial principal amount of class a notes and $38.5 million initial principal amount of class b notes

* Notes were priced with an annual yield to expected maturity of 4.250% for class a notes and 7.754% for class b notes

* Net proceeds from notes offering will be used by issuer primarily to purchase a revolving pool of small business loans from ondeck Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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