Update: Market Chatter: HSBC Mulls Risk Transfer Linked to $2.33 Billion of Corporate Loans

MT Newswires Live01-15

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment