Presale

Oportun Issuance Trust 2021-C: Presale Report

Consumer Loans & Credit Cards

Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the Class A Notes, Class B Notes, Class C Notes, and Class D Notes to be issued by Oportun Issuance Trust 2021-C (Oportun 2021-C). The Oportun 2021-C transaction represents the 18th term securitization of a portfolio of nonprime consumer loans originated through Oportun Financial Corporation's (Oportun) omni-channel distribution model. This is the second Oportun transaction that will include Secured Personal Loans that are secured by an automobile title.

Ratings

Oportun Issuance Trust 2021-C
  • Date Issued:Oct 15, 2021
  • Rating Action:Provis.-New
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 15, 2021
  • Rating Action:Provis.-New
  • Ratings:A (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 15, 2021
  • Rating Action:Provis.-New
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 15, 2021
  • Rating Action:Provis.-New
  • Ratings:BB (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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