BRIEF-Oportun Announces Definitive Agreement To Sell Its Credit Card Portfolio-March 2024-www.financetom.com

BRIEF-Oportun Announces Definitive Agreement To Sell Its Credit Card Portfolio

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BRIEF-Oportun Announces Definitive Agreement To Sell Its Credit Card Portfolio

Sep 25, 2024 5:01 PM

Oportun Financial Corp ( OPRT ):

* OPORTUN ANNOUNCES DEFINITIVE AGREEMENT TO SELL ITS CREDIT

CARD

PORTFOLIO

* OPORTUN FINANCIAL CORP ( OPRT ) - SALE EXPECTED TO BE ACCRETIVE BY

MILLION TO ADJUSTED EBITDA IN 2024

* OPORTUN FINANCIAL CORP ( OPRT ) - TO SELL CREDIT CARD PORTFOLIO TO

CONTINENTAL FINANCE

* OPORTUN FINANCIAL CORP ( OPRT ) - TRANSACTION EXPECTED TO RESULT IN

$11

MILLION ADJUSTED EBITDA FAVORABILITY IN 2025

Source text for Eikon:

Further company coverage:

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