Deutsche Bank Nears SRT Deal Agreed Before Middle East War

Deutsche Bank AG is nearing completion of a significant risk transfer agreed before the war in the Middle East sparked a surge in global risk.

The lender increased the size of the reference portfolio of corporate loans to $6.4 billion from $4 billion ahead of the conflict that erupted over the weekend, according to people familiar with the matter. The size of the SRT notes is expected to surpass $500 million, up from about $320 million planned initially, the people said.

The deal will serve as a test of demand resilience for SRTs as investors grapple with the impact of ...