Pagaya’s $280M Credit Boosts AI-Driven Finances

Pagaya Technologies Secures $280 Million Credit Facility from Top Global Asset Managers and Financial Institutions

Pagaya Technologies, a global technology company, has announced that it has secured a credit facility worth $280 million from top global asset managers and financial institutions. The credit facility, which includes a $255 million term loan and a $25 million revolver, will provide capital and liquidity to support Pagaya’s future growth and extend its corporate debt maturity to 2029.