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Pagaya Technologies Refinances Credit Facility for Growth

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Pagaya Technologies Refinances Credit Facility for Growth

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An announcement from Pagaya Technologies Ltd ( (PGY) ) is now available.

On October 1, 2025, Pagaya Technologies Ltd. announced the refinancing of its revolving credit facility by terminating the 2024 Credit Agreement and entering into a new agreement with BMO BANK N.A. and other lenders. The new facility, amounting to $132 million, significantly reduces Pagaya’s cost of debt capital by lowering the interest rate by nearly 35%. This expansion more than doubles the previous facility and reflects strong demand from both new and existing lenders, enhancing Pagaya’s financial stability and positioning it for sustained growth amidst market volatility.

The most recent analyst rating on (PGY) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Pagaya Technologies Ltd stock, see the PGY Stock Forecast page.

Spark’s Take on PGY Stock

According to Spark, TipRanks’ AI Analyst, PGY is a Neutral.

Pagaya Technologies Ltd’s overall stock score is driven by strong earnings call performance and positive technical analysis. However, financial performance challenges, particularly in profitability and leverage, and valuation concerns due to negative earnings, weigh on the score.

To see Spark’s full report on PGY stock, click here.

More about Pagaya Technologies Ltd

Pagaya Technologies Ltd. (NASDAQ: PGY) is a global technology company that provides AI-driven product solutions for the financial ecosystem. It offers comprehensive consumer credit and residential real estate products through machine learning, a vast data network, and an AI-driven approach. Pagaya’s proprietary API and capital solutions integrate with its network of partners to deliver seamless user experiences and greater access to the mainstream economy. The company has offices in New York and Tel Aviv.

Average Trading Volume: 3,942,685

Technical Sentiment Signal: Buy

Current Market Cap: $2.29B

For detailed information about PGY stock, go to TipRanks’ Stock Analysis page.

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