---
schema_version: "secwatch.filing_event.v1"
accession: "0001538716-24-000022"
form_type: "8-K"
ticker: "OPRT"
cik: "0001538716"
company_name: "Oportun Financial Corp"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:18:58.570991+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Oportun closes $200M asset-backed securitization with four note classes

## Summary
- Issued $200M in fixed-rate notes secured by installment loans; weighted avg coupon 8.434%.
- Class A notes rated AA- (coupon 6.334%), Class B A- (6.546%), Class C BBB- (7.421%), Class D BB- (12.072%).
- Initial purchasers: Morgan Stanley (structuring agent), Goldman Sachs, JPMorgan, Jefferies.
- CFO cites investor confidence in loan credit quality; proceeds to enhance profitability.

## SEC filing metadata
- accession: 0001538716-24-000022
- form_type: 8-K
- ticker: OPRT
- cik: 0001538716
- company_name: Oportun Financial Corp
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000022/0001538716-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000022/oprt-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538716-24-000022
- JSON: https://secwatch.observer/filing/0001538716-24-000022.json
- Plain text: https://secwatch.observer/filing/0001538716-24-000022.txt

## Key facts
- Material Agreements
  Oportun Financial Corp entered into 2024-1 Indenture with Wilmington Trust, National Association valued at $199.5 million (effective 2024-02-13).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust, National Association
  - Value: $199.5 million
  - Effective: 2024-02-13
  source text: The Notes were issued pursuant to the Indenture dated as of February 13, 2024 (the “2024-1 Indenture”) entered into between the Issuer and Wilmington Trust, National Association, as indenture trustee, as securities intermediary and as depositary bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000022/0001538716-24-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.