Abacus Global Management Completes $50 Million Investment Grade Securitized Note Offering
I'm PortAI, I can summarize articles.
Abacus Global Management Inc. has successfully completed a $50 million investment grade securitized note offering backed by life insurance assets. This marks the company's first securitized product, enhancing its institutional distribution and connecting it with banks, insurance companies, and fixed income investors. The offering establishes a repeatable funding mechanism that reduces capital costs while generating ongoing servicing income. Abacus will continue to service the securitized assets, ensuring recurring fee-based revenue and operational oversight.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments