10:15 AM EDT, 06/12/2025 (MT Newswires) -- Pagaya Technologies ( PGY ) said Thursday that it closed a $300 million AAA-rated asset-backed securities auto loan deal.

The technology company said this is its first AAA-rated auto loan deal.

Pagaya ( PGY ) said it has raised more than $29 billion across 72 ABS transactions since 2018.

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