Abacus Global completes $400 million life insurance policy securitization debt offering
ABL•Use of proceeds and business impact
Net proceeds are earmarked for continued policy origination and general corporate purposes.
The structure expands assets under management and supports a shift toward recurring, fee-related revenue through ongoing servicing via affiliates.
Securitization closed with dual tranches
Abacus Global Management closed a dual-tranche securitization valued at over $400 million, backed by a diversified portfolio of life insurance policies.
- Class A notes, Class B notes, and residual interest were included in the structure.
- The notes received an investment-grade rating from a third-party rating agency.
