SoFi rolls out new deal amid exec reshuffle

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By Sasha Padbidri
02 Oct 2017

Online lender SoFi is in the market with a new deal backed by refinanced student loans, as the company continues to deal with the departure of senior executives and allegations of misconduct which dented demand for its previous transaction.

SoFi filed documents with the Securities and Exchange Commission on Friday for the upcoming deal, under its SOFI shelf. Deutsche Bank, Goldman SachsJP Morgan, Bank of America Merrill Lynch and Morgan Stanley have been named in the documents as banks on the deal.

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