UniCredit’s SRT Machine Pumps Out Spanish, German Deals

UniCredit SpA is arranging two significant risk transfers tied to over €3 billion ($3.5 billion) of company loans for two Spanish lenders as well as nearing completion of a similar deal at its own German unit.

Milan-based UniCredit is organizing SRTs for CaixaBank SA and Banco Sabadell SA, according to people familiar with the matter who asked not to be identified discussing private transactions. Its own German deal is tied to around €3.5 billion of loans to large corporates, the people added.