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The Swedish BNPL group is in talks about a sale of the loan book, according to people familiar with the matter. Banks including Citigroup, RBC, Nordea and Société Générale are involved in the discussions about the sale. The transaction would help free up capital for loan growth needed to satisfy potential IPO investors, ahead of one of the year’s most hotly anticipated stock market listings.
Klarna is expected to float in the first half of the year with a target valuation of about $15bn, one of the highest profile listings after a moribund period for equity capital markets in 2024.
https://www.ft.com/content/9c833360-d3b4-4581-ad27-ccce38ce8d0e?stream=top
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