© 2026 Arizent. All rights reserved.
For reprint and licensing requests for this article, click here.
American Banker research finds that while more than 30% agree buy now/pay later is good for banks and consumers, the majority of respondents are unconvinced.
The transaction will free up as much as $500 million for loans in Latin America and the Caribbean to help alleviate poverty and protect the environment.
This is ECMC's first securitization of a pool of rehabilitated loans since 2021.
The securitization amount is smaller than an earlier transaction, and its AAA notes are expected to price at wider spreads than the AAA notes on the 2024-A series.
Note payments are linked to two tranched credit default swap (CDS) transactions, one related to the reference obligation between the issuer and SoFi Bank and SoFi Lending and the Issuer.
