Pagaya Launches Auto Resecuritization Program, Closing $450 Million Transaction

Pagaya has launched its first auto resecuritization program, closing a $450 million transaction. The RPM-R shelf provides access to seasoned auto assets with 24 months of performance history, diversifying Pagaya's investor base. The transaction saw participation from 17 unique investors, demonstrating strong demand for the new format. This follows a record-breaking 2025, where Pagaya raised over $8.5 billion across its ABS platforms. Since 2018, Pagaya has raised more than $36 billion across 85+ ABS transactions.