Pagaya Technologies raises USD280m through BlackRock-led credit facility
Categories: Banking & Finance
Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, has received a USD280 million credit facility, comprising a USD255 million term loan and a USD25 million revolver to provide capital and liquidity needed to support Pagaya’s future growth.
Arnon, Tadmor-Levy served as Israeli counsel to the lenders led by BlackRock U.S. Private Capital – led by Simon Weintraub, Avi Anouchi and Shmulie Kuperstok with special assistance from Ofir Levy and Yuval Bargil.
The transaction was also supported by Katten Muchin Rosenman LLP.
Read more in Globes
