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Market Chatter: SMBC Mulls Significant Risk Transfers on Nearly $6 Billlion in Loans

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Sumitomo Mitsui Financial (TYO:8316) unit Sumitomo Mitsui Banking Corp. is exploring at least two significant risk transfer transactions, Bloomberg News reported on Friday, citing people familiar with the matter.

One potential deal is tied to about $1.8 billion of infrastructure loans, while another involves roughly $4 billion of corporate loans in Latin America, the report said.

An SMBC spokesperson in New York declined to comment, according to Bloomberg.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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