6 days ago
UniCredit-Backed Alpha Bank Plans SRT on €1.2 Billion of Loans
Greece's Alpha Bank SA has started the process of selling a significant risk transfer transaction tied to a portfolio of corporate loans, according to people familiar with the matter.
The size of the reference portfolio is about €1.2 billion ($1.4 billion), according to the people, who asked not to be named because the deal is private. UniCredit SpA, which recently increased its stake in the Athens-based bank to around 20%, is advising on the transaction, the people said.
