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ING Nears SRTs on $10 Billion of Loans Including AI-Linked Debt

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ING Nears SRTs on $10 Billion of Loans Including AI-Linked Debt ING Groep NV is hedging credit risk on about $10 billion of loans via significant risk transfers as banks worldwide bolster their use of the instruments to free up capacity for new lending. The Amsterdam-based lender is working on a transaction tied to about $6 billion of US and European financing for projects in several industries including data centers, according to people familiar with the matter.

ING Nears SRTs on $10 Billion of Loans Including AI-Linked Debt ING Groep NV is hedging credit risk on about $10 billion of loans via significant risk transfers as banks worldwide bolster their use of the instruments to free up capacity for new lending. The Amsterdam-based lender is working on a transaction tied to about $6 billion of US and European financing for projects in several industries including data centers, according to people familiar with the matter.
Amsterdam (LOCATION) US (LOCATION) European (ORG)
Originally published by Bloomberg Markets Read original →