Market Chatter: HSBC, StanChart Eye Loan Risk Transfer Transactions

MT Newswires Live07-06

HSBC (HKG:0005) is in early discussions with investors on a significant risk transfer transaction linked to a portfolio of Asia-Pacific loans, Bloomberg News reported Friday, citing people familiar with the matter.

The proposed deal could include loans from Hong Kong, Singapore, India, and Australia and may be completed later this year, the report said.

Separately, Bloomberg reported that Standard Chartered (HKG:2888) is considering a transaction tied to about $2 billion of global corporate loans under its Chakra significant risk transfer program.

The terms of the deal remain under discussion with investors and could change, the report said.

Standard Chartered declined to comment on the matter in response to a query from MT Newswires.

Meanwhile, HSBC has yet to reply to MT Newswires' request for comment.

(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