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Octane inks $750M forward-flow agreement with AB CarVal

Agreement includes option to upsize to $1.1B  

C.J. Moore

Powersports lender Octane has secured another forward-flow agreement with funds managed by global alternative investment manager AB CarVal.  Minneapolis-based AB CarVal agreed to purchase as much as $750 million of fixed-rate installment, full-spectrum powersports and outdoor power equipment loans originated by Roadrunner Financial, Octane’s in-house lender, according to a July 15 release. The one-year agreement includes an option to increase the deal by mutual agreement to $1.1 billion, or an […]

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