Zopa, an online lender based in the U.K., is marketing £138 million of bonds backed by unsecured consumer loans, according to Moody’s Investors Service.

The deal, dubbed Marketplace Originated Consumer Assets 2016-1, will issue five tranches of notes:  £114 million of class A Notes due October 2024 are provisionally rated ‘Aa3’; £7.5 million of class B notes due October 2024 are rated ‘A2’; £ 7.5 million of class C notes due October 2024 are rated ‘Baa2’, £9.0 million of class D notes due October 2024 are rated ‘Ba3’ and £ 12 million of class Z notes will not be rated.

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