SMBC APAC completes first SRT transaction

Its sponsor partners are Blackstone, Stonepeak, and Clifford Capital.

Sumitomo Mitsui Banking Corporation’s (SMBC) Asia Pacific division has closed its first synthetic risk transfer (SRT) transaction, referencing a $3.2b portfolio of Australian and Asian project finance loans, according to a press release on 15 December 2025.

The transaction, which closed across September and October 2025, was executed with three strategic sponsor partners: Blackstone, Stonepeak and Clifford Capital.

The SRT enabled SMBC APAC to optimize regulatory capital whilst continuing to support needs across the region, the press release said.

The transaction was structured as a tailored solution that aligns SMBC’s capital and relationship objectives with investors’ portfolio and return requirements.

“This inaugural SRT is a strategic step to further enable our client centric growth in the region whilst optimizing our capital returns” said Katsufumi Uchida, Head SMBC Asia Pacific Division.

This SRT transaction follows SMBC’s inaugural SRT trade completed by its Americas Division in April 2025.