Enova International plans $500.25 million fixed-rate asset-backed debt offering

PUBT · 3d ago
Enova International plans $500.25 million fixed-rate asset-backed debt offering
  • Enova International's OnDeck Asset Securitization IV plans a $500.25 million private offering of Series 2026-2 Fixed Rate Asset-Backed Notes.
  • Closing is expected around November 13, 2026, subject to customary conditions; the notes' legal final payment date is December 19, 2033.
  • Fixed annual interest rates range from 5.81% for Class A to 8.57% for Class D.
  • Net proceeds will fund purchases of small business loans from OnDeck as collateral and a reserve account.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enova International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-451882), on November 06, 2026, and is solely responsible for the information contained therein.