Firms abandon syndicated loans for bilateral crisis cash

By Mariam Meskin
25 Jun 2020

A worsening in credit conditions has squeezed some borrowers across EMEA out of syndicated loans and into the bilateral market. As syndicated loans bankers face another year of disappointing figures, market players are split over whether this trend will leave a more permanent dent in volumes. Mariam Meskin and Jon Hay report.

The level of activity in the syndicated loan market across the EMEA region has declined sharply in the wake of the coronavirus pandemic. So far this year, 819 deals have been signed with a total value of $612bn. The number of deals is down 31.6% from the same ...

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