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Affirm, Prudential's PGIM to Invest Up to $3 Billion Via New Loan Sale Facility
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Affirm, Prudential's PGIM to Invest Up to $3 Billion Via New Loan Sale Facility
Jun 18, 2025 6:45 AM

09:23 AM EDT, 06/18/2025 (MT Newswires) -- Affirm (AFRM) and Prudential Financial's ( PRU ) PGIM Fixed Income said Wednesday they have expanded their partnership with a new revolving pass-through loan sale facility.

The facility will invest up to $3 billion over 36 months by purchasing up to $500 million of Affirm loans at any one time, the companies said in a statement.

Affirm shares were up 2.5% while Prudential shares were fractionally higher in recent premarket activity.

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