Pricing hangover holds nervous loan market back
A sluggish start to the year in the investment grade syndicated loan market was expected by many across the market, but bankers are now starting to worry as the dealflow still shows no sign of picking up.
"Its unusually quiet," said one senior loans banker. "There are just not that many people that need to refinance now, and nobody is going to launch an event-driven transaction in a hurry."
Although some market participants are optimistic about the flow of supply from the end of the month,
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