European loan volumes crumble — again

Downward Slope Sign
By Mike Turner
12 Jun 2019

European loan volumes have plunged by around 46% year-on-year, ramping up the strain on loan desk budgets for the second year in a row.

Borrowers in Europe have signed loans totaling just $316.7bn-equivalent so far this year, according to Dealogic. This is well below the $591.6bn of deals signed by this time last year.

Investment grade loan volumes have been hit hard, with $230.4bn-equivalent signed year to date, down from $391bn in 2018 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial