Reported 5 months ago
Banco Santander SA is exploring interest in potential synthetic-risk-transfer transactions tied to over $6 billion in loans in Mexico and Brazil, including vehicle loans and corporate loans. The lender is seeking investor feedback for deals related to carmakers like Tesla Inc. and Suzuki Motor Corp., as well as a Brazilian loan portfolio. These transactions are in the early stages, with details on size and terms still pending, and could provide opportunities for double-digit yields for investors. Additionally, Santander is also considering selling a Spanish portfolio of mortgage and consumer/business loans.
Source: YAHOO