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PGGM expands Asian footprint with landmark Singapore capital relief deal

Lucas Cacioli
Dutch pension investment manager PGGM has executed a synthetic risk transfer deal in partnership with Standard Chartered, achieving the first capital relief recognition in Singapore through a dual-credit default swap structure.
PGGM expands Asian footprint with landmark Singapore capital relief deal

PGGM Investment Management has completed a $1.5 billion credit risk-sharing transaction with Standard Chartered, marking the first deal to achieve capital relief recognition in Singapore.

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