Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Abacus Global Announces Successful Sale Of $50M In Securitized Life Insurance Assets Through An Above Investment-Grade Rated Collateralized Note

Author: Benzinga Newsdesk | October 23, 2025 07:09am

Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in alternative asset management, announced that it successfully sold $50 million of securitized life insurance assets, the deal was structured as an above investment-grade rated collateralized note. The transaction closed on October 22, 2025. This innovative transaction enables institutional investors, banks, and insurance companies to gain direct exposure to life insurance assets via an uncorrelated rated structure.

The note carries an above investment-grade rating and a mid-single-digit yield. This demonstrates strong institutional demand for longevity-based assets that provide diversification from traditional market exposures, and mitigates risks associated with owning individual life settlement assets.

Jay Jackson, Chairman and Chief Executive Officer of Abacus, said, "This solution provides institutional investors with direct access to the uncorrelated investment opportunity of life insurance policies through an innovative, highly-rated, and securitized structure. This is a key milestone for our business and demonstrates our ability to create new institutional interest for life insurance assets."

Posted In: ABL

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist