02:35 PM EDT, 09/11/2024 (MT Newswires) -- Goldman Sachs ( GS ) is selling a significant risk transfer related to a portfolio of nearly $3 billion of leveraged loans, Bloomberg News reported Wednesday, citing people with knowledge of the matter.

The loans are linked to a pool of revolving credit facilities and term loans and the bank is still negotiating the terms of the deal with potential investors, the people were quoted as saying.

Goldman Sachs ( GS ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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