trending Market Intelligence /marketintelligence/en/news-insights/trending/UGzq0LOFbA2yBSXree6xMQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Nordea signs synthetic risk sharing agreement for €5.1B loan portfolio

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive


Nordea signs synthetic risk sharing agreement for €5.1B loan portfolio

Nordea Bank Abp entered into a synthetic risk-sharing transaction related to €5.1 billion portfolio of corporate as well as small and medium-sized enterprise loans.

Investors will purchase credit-linked notes referencing the first loss tranche of the portfolio, which comprises over 2,000 borrowers.

Synthetic risk-sharing instruments are used to keep the assets on the company's books while sharing the credit risk with the investors, Nordea said. The transaction will free up capital for the bank to redeploy in its core business.

Nordea has not revealed the coupon rate for the securitization, which is expected to close in January 2020.

J.P. Morgan and Nordea are acting as joint arrangers for the transaction.