debt
confidence high
sentiment neutral
materiality 0.65
Enova proposes $500,026,000 asset-backed notes offering via OnDeck subsidiary
Enova International, Inc.
- Proposed private offering of $500,026,000 Series 2026-1 notes by OnDeck Asset Securitization IV, LLC.
- Collateral: small business loans from ODK Capital, LLC; proceeds to buy loans and for general corporate purposes.
- Notes not guaranteed by Enova or OnDeck; issuer is sole obligor.
- Supplemental data: term loan 61+ DPD $69.8M (4.0% of UPB) as of 7/31/2026; line of credit 61+ DPD $40.7M (3.1% of UPB).