HomePersonal FinanceBanks & FinanceSOFI Rallies Off $525M Personal Loan Deal, Yields Key in Growth

SOFI Rallies Off $525M Personal Loan Deal, Yields Key in Growth

SoFi Technologies (SOFI) added to its near 120% year-long rally after finalizing a $525 million personal loan deal with PGIM Fixed Income. George Tsilis notes that the deal will open a "revolving line of credit" for the company that opens the door to company profits. The potential for yield curve compression serves as a headwind, which George says will add price pressure for investors.

Next Gen Investing

16 Jan 2025

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