BNP Paribas Tests Appetite for SRT as War Reprices Credit Risk

BNP Paribas SA is holding discussions with investors about a potential significant risk transfer tied to about €2.5 billion ($2.9 billion) of corporate loans, according to people familiar with the matter, as the war in the Middle East tests risk appetite.

Marketing is at an early stage and the terms are subject to change, said the people, who declined to be identified because the discussions are private.