10:19 AM EDT, 10/23/2025 (MT Newswires) -- Abacus Global Management ( ABL ) said Thursday it sold $50 million of securitized life insurance assets through an above investment-grade rated collateralized note.
The note, which carries a mid-single-digit yield, gives institutional investors, banks, and insurers direct exposure to life insurance assets, the company said.
Shares of Abacus Global were down more than 4% in recent trading.
Price: 5.38, Change: -0.23, Percent Change: -4.10