ING Plans SRT Tied to Project Finance, Including for Oil and Gas

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000ING Groep NV is planning a significant risk transfer on €3.5 billion ($4.1 billion) of loans to projects in sectors including oil, gas and renewable power as the Netherlands’ largest lender steps up its use of such instruments.Final terms of the transaction are subject to discussions with investors, according to people familiar with the deal who requested anonymity because the details aren’t public.