Eaglewood Capital Management has completed the first securitization of peer-to-peer consumer loans.

In a press release, the firm said its $53 million deal was issued on Sept. 27 without a credit rating and is backed by unsecured consumer loans originated through the LendingClub Corporation. Waterford Capital is lead arranger on the deal.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.