BBVA Finalizes $2.3 Billion SRT to Hedge AI Lending Risk
Updated
Updated · Bloomberg · Jun 23
BBVA Finalizes $2.3 Billion SRT to Hedge AI Lending Risk
1 articles · Updated · Bloomberg · Jun 23
Summary
€2 billion of BBVA infrastructure loans underpins the significant risk transfer, a private deal the Spanish lender is close to completing.
More than a third of the reference portfolio is digital-infrastructure financing, linking the transaction directly to BBVA’s fast-growing AI-related lending exposure.
Final terms are still being discussed with investors, leaving the structure subject to change before the SRT is completed.
The deal shows banks using portfolio-risk transfers to manage capital and concentration risks as AI-driven infrastructure financing expands.