BNP Paribas Plans Two SRTs Linked to €4.5 Billion of Assets

BNP Paribas SA is sounding out investors for two significant risk transfers tied to about €4.5 billion ($5.3 billion) of corporate loans and leasing contracts, according to people familiar with the matter.

The lender is working on an SRT linked to about €2.5 billion of high yield corporate and leveraged loans, said the people who asked not to be identified because the matter is private. The second deal is tied to around €2 billion of industrial leasing contracts, the people said.

Separately, BNP Paribas issued an SRT tied to €1 billion of high yield corporates and leverage buyout exposures, other ...