LendingClub Secures Investment Grade Rating from Fitch on $100 Million Structured Loan Certificates (SLCLC) Transaction with a Top Global Insurance Company

Provided By PR Newswire

Last update: Feb 13, 2025

SAN FRANCISCO, Feb. 13, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today closed on a $100 million LendingClub Structured Loan Certificates (SLCLC) program transaction where it secured an investment grade rating from Fitch Ratings, Inc. (Fitch) on the series notes and gained participation from a top global insurance company.