ABN Amro, Blackstone Complete SRT Tied to €2 Billion in Loans

ABN Amro Bank NV completed a significant risk transfer with Blackstone Inc., providing first loss protection on a €2 billion ($2.3 billion) portfolio of large corporate loans.

The transaction is expected to reduce the Dutch bank’s risk-weighted assets by €1.6 billion, while providing Blackstone with exposure to a diversified portfolio of the bank’s large corporate clients, ABN Amro said in a statement on Thursday.