At $60.8 million, it may be the most expensive BLT in the world—and that's not a bacon-lettuce-and-tomato sandwich.

Blue Elephant Capital Management privately sold on Tuesday $60.8 million of securities backed by unsecured consumer loans sourced from Prosper Marketplace, according to deal documents for Blue Elephant Loan Trust (BLT). The files were prepared by the underwriter, Citigroup, which in February helped transact a similar deal for BlackRock.

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