David KleinTony Zerucha·Alt-Finance·October 28, 2017·1 min read·47 viewsCommonBond closes $248M securitization ShareTweetShareSubmit CommonBond today announced the close of a $248 million securitization of refinanced student loans. The most senior notes scored ratings of Aa2 from Moody’s, AA from S&P and AA (high) from DBRS, CommonBond’s highest ratings so far. This is CommonBond’s largest of its five transactions to date. With more than $1 billion in orders, it was more than four times oversubscribed. David Klein “The strong market reception is a reflection of our pristine credit quality, continued ratings progression, and track record of consistent results,” CommonBond cofounder and CEO David Klein said.See alsoJune 27, 2018Brexit: bank contracts worth trillions at risk, says finance watchdog “As a programmatic issuer, we look forward to continuing to bring consistently high performing bonds to the market, providing investors with world-class capital deployment options.” Like this article? Take a second to support us on Patreon!