Latest news with #MPOWEREducationTrust2025-A
The Hindu
16-05-2025
- Business
- The Hindu
MPOWER Financing Securitizes $313.2 Million to Fuel Indian Students' Dreams Abroad
BENGALURU, MAY 16, 2025 — MPOWER Financing ('MPOWER'), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ('MPOWR 2025-A'). The $313.2 million collateral pool is composed of U.S. dollar-denominated, fixed-rate loans made to international students attending leading American and Canadian universities. The securitization size exceeds MPOWER's inaugural securitization of$215.2 million in 2024, and allows MPOWER to continue to scale loans issued primarily to graduate international students at more than 500 leading colleges and universities across the United States and Canada. This milestone is particularly significant for students from India who often face barriers in accessing affordable education financing abroad. The securitization will enable MPOWER to expand its reach and offer more students — especially talented Indian students — the opportunity to pursue higher education at top institutions without the need for a co-signer, collateral, or U.S. credit history. Thousands of Indian students leverage MPOWER's support every year to access premier universities in the U.S. and Canada. By broadening access to financing, MPOWER is helping to empower the next generation of global leaders and drive socio-economic mobility for students worldwide. Key deal elements: ● The nearly 50% increase in collateral pool size over MPOWER's inaugural ABS reflects the company's robust year-over-year growth and reinforces its commitment to being a repeat, programmatic issuer in the ABS market. ● All three bond classes were oversubscribed despite a larger deal size and ongoing bond market volatility, underscoring investor confidence in the credit quality of MPOWER's loan portfolio and demand for global graduate STEM talent in North America. ● A number of investors from the 2024 securitization participated in MPOWR 2025-A, while several new investors expanded the investor base. Deutsche Bank Securities Inc. served as the Structuring Agent and Joint Bookrunner, with Goldman Sachs & Co. LLC as Joint Bookrunner. MPOWR 2025-A consisted of three tranches of notes. Morningstar DBRS ('DBRS') & Kroll Bond Rating Agency ('KBRA') rated the Class A Notes 'A'(sf)/'A'(sf), respectively. DBRS rated the Class B Notes 'BBB'(sf) and Class C Notes and 'BB(low)'(sf). The securitization's investors include blue-chip names spanning asset management, pension plans, and insurance funds. Strong demand amid a shifting landscape Despite macroeconomic concerns, MPOWER Financing is experiencing a significant uptick in demand from Indian graduate students pursuing higher education in the U.S. and Canada. Indian students are drawn by MPOWER's fixed-rate, U.S. dollar-denominated loans that provide students with financial stability and peace of mind amid a potentially uncertain currency and interest rate environments. Backed by prominent Wall Street institutions, MPOWER's commitment to empowering international students resonates strongly with those seeking advanced degrees in high-demand fields such as STEM, artificial intelligence, business, and healthcare. This deal comes at a critical time as demand for education financing among international students, particularly from India, continues to rise. Some key findings from MPOWER's 2024 Social Impact Report highlight the transformative impact of its financing solutions: ● India at the forefront: Thousands of Indian students have leveraged MPOWER's support to access premier universities in the U.S. and Canada. ● 15x income growth: MPOWER students who graduate and secure employment in the U.S. experience an average 15x increase in their pre-graduation household income, emphasizing the transformative power of their education. ● Strengthening families: 75% of surveyed MPOWER students send an average of $645 (approximately ₹50,000) per month back home to support their families after graduation, fostering economic upliftment across borders. 'MPOWER is proud to be at the forefront of ensuring that the best and brightest students—from across the globe—have access to the financing they need to realize their educational dreams,' said Manu Smadja, Chief Executive Officer of MPOWER. 'Investors recognize the value of this diverse student segment: ambitious, resilient, and contributing to the global economy in critical sectors like STEM and new paradigms driving business, such as AI. By supporting them, we are strengthening our business model and fueling innovation and economic growth in North America.' 'This securitization speaks to the growing demand for high-quality student financing,' said Jatin Rajput, MPOWER's Chief Financial Officer. 'Our second securitization further validates our status as a repeat issuer and underscores the demand for international student loans as an asset class among institutional investors.' About MPOWER Financing MPOWER Financing, headquartered in Washington, D.C., and with employees worldwide, is a mission-driven fintech company and the leading provider of global education loans. Its proprietary algorithm analyzes overseas and domestic credit data as well as future earning potential to serve promising international students. MPOWER works with over 500 top universities across the U.S. and Canada to provide financing to students from over 200 countries. For more information, visit Media Contact Madhushri Verma 'This is a company press release that is not part of editorial content. No journalist of The Hindu was involved in the publication of this release.'
Business Standard
14-05-2025
- Business
- Business Standard
MPOWER Financing Securitizes $313.2 Million to Fuel Indian Students' Dreams Abroad
VMPL Bengaluru (Karnataka) [India], May 14: MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool is composed of U.S. dollar-denominated, fixed-rate loans made to international students attending leading American and Canadian universities. The securitization size exceeds MPOWER's inaugural securitization of $215.2 million in 2024, and allows MPOWER to continue to scale loans issued primarily to graduate international students at more than 500 leading colleges and universities across the United States and Canada. This milestone is particularly significant for students from India who often face barriers in accessing affordable education financing abroad. The securitization will enable MPOWER to expand its reach and offer more students -- especially talented Indian students -- the opportunity to pursue higher education at top institutions without the need for a co-signer, collateral, or U.S. credit history. Thousands of Indian students leverage MPOWER's support every year to access premier universities in the U.S. and Canada. By broadening access to financing, MPOWER is helping to empower the next generation of global leaders and drive socio-economic mobility for students worldwide. Key deal elements: -The nearly 50% increase in collateral pool size over MPOWER's inaugural ABS reflects the company's robust year-over-year growth and reinforces its commitment to being a repeat, programmatic issuer in the ABS market. -All three bond classes were oversubscribed despite a larger deal size and ongoing bond market volatility, underscoring investor confidence in the credit quality of MPOWER's loan portfolio and demand for global graduate STEM talent in North America. -A number of investors from the 2024 securitization participated in MPOWR 2025-A, while several new investors expanded the investor base. Deutsche Bank Securities Inc. served as the Structuring Agent and Joint Bookrunner, with Goldman Sachs & Co. LLC as Joint Bookrunner. MPOWR 2025-A consisted of three tranches of notes. Morningstar DBRS ("DBRS") & Kroll Bond Rating Agency ("KBRA") rated the Class A Notes 'A'(sf)/'A'(sf), respectively. DBRS rated the Class B Notes 'BBB'(sf) and Class C Notes and 'BB(low)'(sf). The securitization's investors include blue-chip names spanning asset management, pension plans, and insurance funds. Strong demand amid a shifting landscape Despite macroeconomic concerns, MPOWER Financing is experiencing a significant uptick in demand from Indian graduate students pursuing higher education in the U.S. and Canada. Indian students are drawn by MPOWER's fixed-rate, U.S. dollar-denominated loans that provide students with financial stability and peace of mind amid a potentially uncertain currency and interest rate environments. Backed by prominent Wall Street institutions, MPOWER's commitment to empowering international students resonates strongly with those seeking advanced degrees in high-demand fields such as STEM, artificial intelligence, business, and healthcare. This deal comes at a critical time as demand for education financing among international students, particularly from India, continues to rise. Some key findings from MPOWER's 2024 Social Impact Report highlight the transformative impact of its financing solutions: -India at the forefront: Thousands of Indian students have leveraged MPOWER's support to access premier universities in the U.S. and Canada. -15x income growth: MPOWER students who graduate and secure employment in the U.S. experience an average 15x increase in their pre-graduation household income, emphasizing the transformative power of their education. -Strengthening families: 75% of surveyed MPOWER students send an average of $645 (approximately Rs50,000) per month back home to support their families after graduation, fostering economic upliftment across borders. "MPOWER is proud to be at the forefront of ensuring that the best and brightest students--from across the globe--have access to the financing they need to realize their educational dreams," said Manu Smadja, Chief Executive Officer of MPOWER. "Investors recognize the value of this diverse student segment: ambitious, resilient, and contributing to the global economy in critical sectors like STEM and new paradigms driving business, such as AI. By supporting them, we are strengthening our business model and fueling innovation and economic growth in North America." "This securitization speaks to the growing demand for high-quality student financing," said Jatin Rajput, MPOWER's Chief Financial Officer. "Our second securitization further validates our status as a repeat issuer and underscores the demand for international student loans as an asset class among institutional investors." About MPOWER Financing MPOWER Financing, headquartered in Washington, D.C., and with employees worldwide, is a mission-driven fintech company and the leading provider of global education loans. Its proprietary algorithm analyzes overseas and domestic credit data as well as future earning potential to serve promising international students. MPOWER works with over 500 top universities across the U.S. and Canada to provide financing to students from over 200 countries. For more information, visit
Yahoo
12-05-2025
- Business
- Yahoo
MPOWER Financing Securitizes $313.2 Million of International Student Loans
Earns A-Rating on senior notes for loans made to international students attending leading American and Canadian Universities. WASHINGTON, May 12, 2025--(BUSINESS WIRE)--MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool is composed of U.S. dollar-denominated, fixed-rate loans made to international students attending leading American and Canadian universities. The securitization size exceeds MPOWER's inaugural securitization of $215.2 million in 2024, and allows MPOWER to continue to scale loans issued primarily to graduate international students at more than 500 leading colleges and universities across the United States and Canada. Key deal elements: The nearly 50% increase in collateral pool size over MPOWER's inaugural ABS reflects the company's robust year-over-year growth and reinforces its commitment to being a repeat, programmatic issuer in the ABS market. All three bond classes were oversubscribed despite a larger deal size and ongoing bond market volatility, underscoring investor confidence in the credit quality of MPOWER's loan portfolio and demand for global graduate STEM talent in North America. A number of investors from the 2024 securitization participated in MPOWR 2025-A, while several new investors expanded the investor base. Deutsche Bank Securities Inc. served as the Structuring Agent and Joint Bookrunner, with Goldman Sachs & Co. LLC as Joint Bookrunner. MPOWR 2025-A consisted of three tranches of notes. Morningstar DBRS ("DBRS") & Kroll Bond Rating Agency ("KBRA") rated the Class A Notes 'A'(sf)/'A'(sf), respectively. DBRS rated the Class B Notes 'BBB'(sf) and Class C Notes and 'BB(low)'(sf). The securitization's investors include blue-chip names spanning asset management, pension plans, and insurance funds. Strong demand amid a shifting landscape International graduate students continue seeking educational opportunities in the U.S. and Canada. Advanced degrees in STEM, AI, business, and healthcare remain highly sought-after by employers. "MPOWER is proud to be at the forefront of ensuring that the best and brightest students—from across the globe—have access to the financing they need to realize their educational dreams," said Manu Smadja, Chief Executive Officer of MPOWER. "Investors recognize the value of this diverse student segment: ambitious, resilient, and contributing to the global economy in critical sectors like STEM and new paradigms driving business, such as AI. By supporting them, we are strengthening our business model and fueling innovation and economic growth in North America." "This securitization speaks to the growing demand for high-quality student financing," said Jatin Rajput, MPOWER's Chief Financial Officer. "Our loans are fixed-rate, generate cash flow even while students are still in school, and are disbursed directly to universities. That structure reduces risk and gives investors the transparency and predictability they seek. Our second securitization further validates our status as a repeat issuer and underscores the demand for international student loans as an asset class among institutional investors." About MPOWER Financing MPOWER Financing, headquartered in Washington, D.C., and with employees worldwide, is a mission-driven fintech company and the leading provider of global education loans. Its proprietary algorithm analyzes overseas and domestic credit data as well as future earning potential to serve promising international students. MPOWER works with over 500 top universities across the U.S. and Canada to provide financing to students from over 200 countries. For more information, visit View source version on Contacts Media Contact Sasha Ramanipr@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
25-04-2025
- Business
- Business Wire
KBRA Assigns Preliminary Rating to MPOWER Education Trust 2025-A
NEW YORK--(BUSINESS WIRE)--KBRA assigns a preliminary rating to the Class A Notes issued by MPOWER Education Trust 2025-A ('MPOWER 2025-A'), an asset-backed securitization collateralized by private education loans made to international students attending schools in the United States. MPOWER 2025-A is the second securitization of MPOWER Financing, Public Benefit Corporation ('MPOWER'). MPOWER issued its inaugural securitization in 2024. The transaction is a term ABS securitization collateralized by Education Loans originated by Bank of Lake Mills or by MPOWER under the MPOWER Private Education Loan Program. MPOWER 2025-A will issue three classes of notes totaling $297.6 million, collateralized by $313.2 million of education loans. MPOWER 2025-A has initial credit enhancement levels ranging from 21.58% for the Class A notes to 5.49% for the Class C notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (except for the Class C notes), a cash reserve account and excess spread. Founded in 2014, MPOWER is a private education lender headquartered in Washington, D.C. MPOWER's product offering was developed to address the difficulties for international students in the U.S. and Canada to obtain education financing. The Company has developed relationships with over 500 universities and colleges in the U.S. and Canada and has provided education financing to over 21,000 students from over 100 countries. KBRA applied its Private Student Loan ABS Global Rating Methodology, as well as its Global Structured Finance Counterparty Methodology and ESG Global Rating Methodology as part of its analysis of the portfolio pool data, underlying collateral pool and capital structure. KBRA considered its operational reviews of MPOWER, as well as due diligence calls with MPOWER. Operative agreements and legal opinions will be reviewed prior to closing. To access ratings and relevant documents, click here. Click here to view the report. Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009187
