Job loss fears rampant as pandemic pummels corporate debt volumes

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By Mariam Meskin, Mike Turner
17 Sep 2020

Despite the financing that two jumbo acquisitions revealed this week would require, loans bankers fear that with no end to the coronavirus pandemic in sight and entire industries reeling from the fallout of lockdown, their jobs will soon be on the line. Mariam Meskin and Mike Turner report.

This is the worst year for EMEA syndicated lending volumes since 2003, according to Dealogic data, based on the number of deals signed. So far in the region, 1,219 syndicated loans have been inked, totalling $797bn. This time last year, 1,742 deals had been signed for $816bn.

In the ...

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