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Image Credit: Global Fintech Series

Octane Completes $126 Million Asset-Backed Securitization

  • Octane has completed a $125.76 million securitization backed by RV and marine collateral.
  • The notes are collateralized by retail installment loans issued through Octane's in-house lender, Roadrunner Financial®, Inc.
  • This is Octane's first transaction under its new RV/Marine shelf, denoted with the "RVM" ticker.
  • The transaction received AAA rating from Standard & Poor's.

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