(Updates with company response in the last paragraph.)
HSBC (HSBC) is assessing interest from investors for a significant risk transfer linked to a portfolio of approximately 2 billion euros ($2.33 billion) worth of investment-grade corporate loans, Bloomberg News reported Wednesday, citing people familiar with the matter.
The size of the significant risk transfer is equivalent to about 10% of the reference portfolio, the unnamed sources told the news outlet.
HSBC declined to comment in response to MT Newswires' request.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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