Online lender Earnest completed its third student-loan securitization in six months, in another oversubscribed offering that raised the finance company’s total issuance to $527 million for 2016.

Earnest Student Loan Finance 2016-C included $190 million of notes, with bond rating agency DBRS assigning an ‘AA (low)’ rating on the senior notes – an elevated rating from the company’s prior transaction in May.

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