DCM SRT MERIDIAN BNPP
Sector: Raw Materials • Location: World Region
Source: International Finance Corporation (IFC)
The proposed project consists of a Synthetic Risk Transfer Transaction (?SRT?) in which IFC will provide to BNP Paribas S.A. (?BNP Paribas? or ?the Bank?) an unfunded guarantee on credit losses up to US$50 million of the mezzanine tranche of a US$1 billion revolving reference portfolio from the Bank?s eligible trade finance and corporate loan-related credit exposures. This will be IFC?s first SRT
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project consists of a Synthetic Risk Transfer Transaction (?SRT?) in which IFC will provide to BNP Paribas S.A. (?BNP Paribas? or ?the Bank?) an unfunded guarantee on credit losses up to US$50 million of the mezzanine tranche of a US$1 billion revolving reference portfolio from the Bank?s eligible trade finance and corporate loan-related credit exposures. This will be IFC?s first SRT with BNP Paribas and BNP Paribas first SRT covering Emerging Markets (?EM?) assets. The proposed project will enable BNP Paribas to reduce the regulatory risk weights attached to its EM portfolio, thereby freeing up capital which the Bank will deploy to provide more emerging markets related trade finance. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |