April 10, 2018 / 9:44 PM / 7 months ago

BRIEF-On Deck Announces Pricing Of $225 Million Securitization

April 10 (Reuters) - On Deck Capital Inc:

* ONDECK ANNOUNCES PRICING OF $225 MILLION SECURITIZATION

* ON DECK CAPITAL - PRICED $225 MLN INITIAL PRINCIPAL AMOUNT OF SERIES 2018-1 FIXED RATE ASSET-BACKED NOTES IN A PRIVATE SECURITIZATION TRANSACTION

* NOTES, WHICH WILL BE ISSUED IN FOUR CLASSES, WERE PRICED WITH A WEIGHTED AVERAGE FIXED INTEREST RATE OF 3.75% PER ANNUM Source text for Eikon: Further company coverage:

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