Loan Ranger: And a happy new year?

Loan Ranger is aquiver with anticipation at what 2012 will bring. A brand new year means a brand new set of balance sheets awaits. But while the start of the year often makes people giddy with the thought of all the opportunities out there for the next 12 months, this year the market appears much more downbeat. There’s still little dealflow in sight, and nobody expects underwriting or even bookrunning roles to pick up this year. Many people might like to put 2011 behind them, but for those in the leveraged market that still have those bridges hanging around like a bad smell, this is more easily said than done.