Banco Sabadell SA is about to close a significant risk transfer linked to a portfolio of about €1.4 billion ($1.65 billion) in project finance and corporate loans amid an effort to step up investor payouts.
The SRT is worth €115 million and it’s being arranged by UniCredit SpA, said people with knowledge of the matter, who asked not to be named on private talks. Sabadell expects the deal to lift its CET1 ratio, a key regulatory metric of financial strength, by around eight basis points, taking the total amount achieved through the deals this year to 20 basis points, ...
