{"schema_version":"secwatch.filing_event.v1","accession":"0001538716-22-000210","form_type":"8-K","ticker":"OPRT","cik":"0001538716","company_name":"Oportun Financial Corp","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.079306+00:00","generated_at":"2026-06-22T08:57:59.050977+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Oportun closes $300M asset-backed securitization with weighted average yield of 10.935%","bullets":["Issued $300M in fixed-rate asset-backed notes across four classes (A, B, C, D) rated AA (low) to BB by DBRS.","Notes priced with weighted average yield of 10.935% and weighted average interest rate of 9.505%.","Securitization secured by a pool of unsecured and secured personal installment loans.","Jefferies led as book-runner; J.P. Morgan and Goldman Sachs served as joint book-runners.","This marks Oportun’s fifth major financing in 2022; CFO cites strong capital markets access."],"urls":{"canonical":"https://secwatch.observer/filing/0001538716-22-000210","json":"https://secwatch.observer/filing/0001538716-22-000210.json","markdown":"https://secwatch.observer/filing/0001538716-22-000210.md","text":"https://secwatch.observer/filing/0001538716-22-000210.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1538716/000153871622000210/0001538716-22-000210-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1538716/000153871622000210/oprt-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T08:57:59.050977+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a9693ca78ae5c9419e916d8ca94207ba024867d0","claim":"Oportun Financial Corp incurred senior notes of $300 million with Wilmington Trust, National Association at weighted average interest rate of 9.505% per annum maturing two years.","evidence_excerpt":"The Notes were issued pursuant to the Indenture dated as of November 3, 2022 (the “2022-3 Indenture”) entered into between the Issuer and Wilmington Trust, National Association, as indenture trustee, as securities intermediary and as depositary bank.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538716/000153871622000210/0001538716-22-000210-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$300 million"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"weighted average interest rate of 9.505% per annum"},{"label":"Maturity","value":"two years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"29a01594d8e3e5fa10ff1e5e6afccad8b52836d5","claim":"Oportun Financial Corp entered into 2022-3 Indenture with Wilmington Trust, National Association valued at $300 million (effective 2022-11-03).","evidence_excerpt":"The Notes were issued pursuant to the Indenture dated as of November 3, 2022 (the “2022-3 Indenture”) entered into between the Issuer and Wilmington Trust, National Association","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1538716/000153871622000210/0001538716-22-000210-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Value","value":"$300 million"},{"label":"Effective","value":"2022-11-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}