Brief: BNP Paribas BP Signs Synthetic Securitisation Transaction On 3.6 Bln Zloty Loan Portfolio
BRIEF-BNP Paribas BP Signs Synthetic Securitisation Transaction On 3.6 Bln Zloty Loan Portfolio Oct 1 (Reuters) - BNP Paribas Bank Polska SA BNP1.WA:
SAID ON WEDNESDAY IT HAS SIGNED A SYNTHETIC SECURITISATION TRANSACTION ON 3.6 BLN ZLOTY CORPORATE LOAN PORTFOLIO WITH EUROPEAN INVESTMENT FUND
SELECTED PORTFOLIO REMAINS ON BANK'S BALANCE SHEET
TRANSACTION INCLUDES OPTION TO REPLENISH PORTFOLIO UNTIL MARCH 31, 2029
TRANSACTION SET TO END ON DEC 31, 2034
AIM OF TRANSACTION IS TO RELEASE CAPITAL TO BE USED AMONG OTHERS TO INCREASE SCALE OF LENDING ACTIVITIES
Source text for Workspace: nEM87sLz5a
Further company coverage: BNP1.WA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on BNP Paribas Bank Polska SA
See all newsBNP Paribas Bank Polska Q3 profit beats market expectations
Brief: BNP Paribas Bank Polska Q3 Net Profit At 689.1 Mln Zlotys
Brief: BNP Paribas BP Signs Synthetic Securitisation Transaction On 3.6 Bln Zloty Loan Portfolio
BNP Paribas' Polish unit posts 18% profit drop on higher taxes
Brief: Poland's BNP Paribas BP Q2 Net Profit At 599.8 Mln Zlotys, Below Expectations