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Home » Octane issues $407M ABS deal

Octane issues $407M ABS deal

The deal is New York-based Octane’s largest ABS issuance

Amanda HarrisbyAmanda Harris
March 3, 2023
in Capital & Funding
Reading Time: 1 min read
0
Polaris Maintains Stable Retail Finance Penetration in 2017

© Can Stock Photo / Bilanol

Powersports lender Octane has closed a $406.9 million asset-backed securitization (ABS) deal backed by fixed-rate installment powersports loans and upsized from an initial $305.2 million target. The deal is New York-based Octane’s largest ABS issuance and marks the lender’s seventh-ever ABS transaction, according to a company release. The company’s ABS securitization total has climbed to […]

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