Intesa Sanpaolo's $1.62B ESG Loan Transfer Strategy
(Reuters) - Italy's Intesa Sanpaolo is planning to sell a significant risk transfer tied to a portfolio of corporate loans, Bloomberg News reported on Wednesday.
The bank is discussing with investors an SRT deal tied to about 1.5 billion euros ($1.62 billion) of environmental, social and governance labeled loans, the report said, citing people familiar with the matter.
($1 = 0.9261 euros)
(Reporting by Janaki Venugopalan in Bengaluru; Editing by Shilpi Majumdar)
