UniCredit Advises Poland’s PKO on SRT Tied to Corporate Loans

UniCredit SpA is advising PKO Bank Polski SA on a potential synthetic risk transfer transaction following the Polish lender’s debut transaction last year.

The expected SRT deal would be referenced to a portfolio of corporate loans, a PKO representative said. The size of the possible transaction —which is in the early stages of planning — hasn’t been decided yet, the bank’s spokesperson said in emailed comments to Bloomberg News.