Abacus Global Management, Inc. (ABXL) bonds
ABXLNYSEInvestment AdviceFiscal year ends December 31Also trades as ABX
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026Score 7/306% above fair value
$25.34−0.03 (-0.10%)
Close on Nov 3, 2026Market cap $842.97MP/E 30.8Yield –
Debt
Borrowings on the balance sheet, Jun 30, 2026
Total debt
$330.61M
$39.79M due within a year
Net debt
$307.22M
After $23.39M of cash
Implied interest rate
9.86%
FY2025 interest ÷ average debt
Interest coverage
2.3×
FY2025 operating income ÷ interest
Total debt by fiscal year
Long-term plus current debt, USD
When the debt comes due
Principal repayments of long-term debt by fiscal year, as scheduled at Dec 31, 2025
From the debt maturity table in the annual report (filing). “Later” is everything due after year five.
Notes and loans outstanding
As tagged in Abacus Global Management's 10-Q for the period ended Jun 30, 2026
| Issue | Coupon | Amount issued | Carrying value |
|---|---|---|---|
| 9.875% Fixed Rate Senior Notes due 2028 | 9.88% | $135.38M | $135.38M |
| LMA Income Series II, LP | – | – | $38.29M |
| LMA Income Series, LP | – | – | $0 |
| LMATT Series 2024, Inc. | – | $10.17M | $0 |
| Sponsor PIK Note | 12.00% | $10.47M | $14.98M |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 10-Q.
Credit facilities
Revolving credit lines and other committed borrowing capacity
| Facility | Size | Drawn |
|---|---|---|
| DDTL Facility | $50.00M | – |
| SSCF Amendment | $75.00M | – |
| Senior Secured Credit Facility | $100.00M | $148.13M |
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