Based Loans After MFS, Tricolor

Based Loans After MFS, Tricolor

Bloomberg.com business

Key Points:

  • Barclays Plc is reducing its asset-based lending to smaller borrowers following losses linked to the collapses of Market Financial Solutions Ltd. and Tricolor Holdings.
  • The bank is refocusing its lending strategy towards loans and securitizations for larger corporate clients.
  • Barclays has withdrawn from several deals and raised pricing to account for increased risk perceptions.

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