Goldman sells significant risk transfer bond


The bank is selling notes that are tied to a pool of loans to private market funds. — Bloomberg

NEW YORK: Goldman Sachs Group Inc is selling a bond that will help it offload risk from a portfolio of about US$2bil of loans, according to people with knowledge of the matter.

The bank is selling notes that are tied to a pool of loans to private market funds, the people said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Others Also Read