Bawag Eyes Significant Risk Transfer Tied to €1 Billion of Loans

July 17, 2024, 10:30 AM UTC

Bawag Group AG, the lender buying the German consumer finance business of Barclays Plc, is considering a significant risk transfer linked to a portfolio of about €1 billion ($1.1 billion) of loans, according to people familiar with the matter.

Alantra Partners SA is helping to arrange the potential transaction, said the people, who asked not to be name because the matter is private. Bawag is sounding out investors about a transaction involving consumer loans, though the process is at an early stage and terms and features of the deal can change, said the people.

In an SRT, a ...

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