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-0.00906344410876127 -0.00453172205438057 -0.00151057401812686 0.00259818731117823 0.00302114803625385 0.00151057401812686 0.00388217522658618 0.000755287009063428
Stock impact report

Klarna Agrees to $1.7 Billion Transaction Supporting up to $40B+ of Lending

Klarna Group plc Ordinary Shares (KLAR) 
Company Research Source: Business Wire
STOCKHOLM, Sweden--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, has entered into a new capital efficiency transaction in the form of a Significant Risk Transfer (SRT), covering $1.7 billion-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 Värde Partners. This is Klarna's sixth SRT transaction and improves how effectively Klarna deploys its capital on a global basis."Our banking license is one of our biggest competitive advantages," said Niclas Neglén, Klarna's Chief Financial Officer. "This is our largest and most efficient SRT transaction to date. These transactions allow us to maximize every unit of capital to support our continued momentum."The transaction follows Klarna’s recently announced $2 billion facility supporting $17B of US Financing expansion.About KlarnaKlarna is a global digital bank and flexible payments provider. With over 1 Show less Read more
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