Politics
ING Nears SRTs on $10 Billion of Loans Including AI-Linked Debt
Key Points
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.