Affirm and Sixth Street Strike $4 Billion Loan Deal
Buy now, pay later platform Affirm has entered into a $4 billion financing partnership with Sixth Street Partners, in a deal that reflects the growing debankification of Wall Street as private-credit firms expand their lending throughout the economy.
Deutsche Bank increased their price target on the “buy now, pay later” company to $75 from $45 and reiterated a Hold rating.
The buy-now-pay-later company struck a deal to sell up to $4 billion of its loans to private credit firm Sixth Street.
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SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Sixth Street, a leading global investment firm ...
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