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BBVA Offloads AI Risk With $2 Billion Infrastructure-Linked SRT

BBVA Offloads AI Risk With $2 Billion Infrastructure-Linked SRT
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BBVA Offloads AI Risk With $2 Billion Infrastructure-Linked SRT BBVA SA is close to completing a significant risk transfer to hedge some of its rapidly-expanding portfolio of artificial intelligence-related lending. The Spanish lender is finalizing an SRT deal tied to around €2 billion ($2.3 billion) of infrastructure loans, according to people familiar with the matter who asked not to be identified because the transaction is private. More than a third of the reference portfolio consists of...

BBVA Offloads AI Risk With $2 Billion Infrastructure-Linked SRT BBVA SA is close to completing a significant risk transfer to hedge some of its rapidly-expanding portfolio of artificial intelligence-related lending. The Spanish lender is finalizing an SRT deal tied to around €2 billion ($2.3 billion) of infrastructure loans, according to people familiar with the matter who asked not to be identified because the transaction is private. More than a third of the reference portfolio consists of financing for digital infrastructure, they said, adding that final terms are subject to discussions with investors.
BBVA Offloads AI Risk With (ORG) Spanish (ORG) SRT (ORG)
Originally published by Bloomberg Technology Read original →