Klarna (KLAR) has entered into a new capital efficiency transaction in the form of a Significant Risk Transfer, covering $1.7B-worth of Euro denominated loans and freeing up capital to support continued growth. Klarna has entered into a three-year agreement with a consortium led by Varde Partners. This is Klarna’s sixth SRT transaction and improves how effectively Klarna deploys its capital on a global basis.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KLAR:
- Klarna announces partnership with EuroParcs
- Unusually active option classes on open March 27th
- Klarna: Expanded Elliott Funding Deal Extends Runway, Eases Balance Sheet Risk, and Supports Buy Rating
- Klarna doubled forward-flow, whole-loan sale agreement with Elliott
- Klarna, H&M expand partnership in Romania and Hungary