BNP Paribas (BNOBF.PK) is reportedly attempting to sell up to $11B of loans to oil and gas...

|About: BNP Paribas Obam NV (BNOBF)|By:, SA News Editor

BNP Paribas (BNOBF.PK) is reportedly attempting to sell up to $11B of loans to oil and gas companies as it looks to bulk up its capital buffers. BNP has has received interest from Wells Fargo (WFC) and other U.S. banks, and has been getting offers with a discount of under 5%. The debt has also attracted potential Canadian buyers.