Insurers Buy Erste SRT Deal Linked to €10 Billion Loans for M&A

Erste Group Bank AG sold a significant risk transfer linked to more than €10 billion ($11.7 billion) of loans as the Austrian bank seeks to free up capital for its...

By Esteban Duarte, Marton Eder · Bloomberg Markets

Erste Group Bank AG sold a significant risk transfer linked to more than €10 billion ($11.7 billion) of loans as the Austrian bank seeks to free up capital for its largest ever acquisition.