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Intesa in Italy Plans SRT Linked to $1.62 Billion in ESG Corporate Loans, Reports Bloomberg News

Introduction

Italy's Intesa Sanpaolo is planning to sell a significant risk transfer tied to a portfolio of corporate loans.

Context

The bank is discussing with investors an SRT deal linked to approximately 1.5 billion euros of environmental, social, and governance labeled loans, according to Bloomberg News.

Developments

  • Intesa Sanpaolo's strategic move in the corporate loan market
  • Discussions with investors regarding the SRT deal
  • Focus on environmental, social, and governance criteria

Conclusion

Intesa Sanpaolo's planned sale reflects a growing trend towards responsible investment in the banking sector, emphasizing the importance of sustainability in corporate financing.