Natixis Nears SRT Deal Tied to €1 Billion of Leveraged Loans

Natixis SA plans to sell a significant risk transfer tied to a leveraged-loan portfolio worth about €1 billion euros ($1.1 billion), according to two people familiar with the matter.

The French financial services company is in talks with potential investors and the size of the SRT could be around €100 million, said the people who asked not to be identified because the transaction is private. The transaction is set to be priced in the coming weeks, they said.

A representative for Natixis declined to comment.

SRTs are a way for financial institutions to insure loans against default by selling credit-linked ...