debt
confidence high
sentiment neutral
materiality 0.50
Enova unit proposes $261M Series 2024-2 ABS notes backed by small business loans
Enova International, Inc.
- OnDeck Asset Securitization IV proposes $261,353,000 Series 2024-2 fixed-rate asset-backed notes.
- Collateral: revolving pool of small business loans originated by ODK Capital (Enova subsidiary).
- Notes offered only to QIBs (Rule 144A) and non-U.S. persons (Reg S); not guaranteed by Enova.
- Exhibit 99.1 provides detailed historical loan performance data (delinquency & net charge-off by vintage).