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Student loan refinancing platform Earnest is back in the market with EARN 2016-B after marketing a debut transaction in January, bringing total marketplace loan ABS issuance in April to $885m.
Goldman Sachs and Barclays are joint books on the $185.543m deal.
The 3.75-year $53.199m 'A-1' notes have been assigned an A rating by DBRS and Kroll Bond Rating Agency. The 3.56-year $123.456m 'A-2'...