Smaller IG lenders fret over pipeline empty of big ticket syndications

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By Mike Turner
12 Jan 2021

Europe’s second tier lenders say that there is a noticeable dearth of big, high grade syndicated loans in the pipeline, with some adding they are preparing for bleak months ahead.

There have not been any major investment grade loans syndicated widely across Europe so far this year, according to three lenders. 

“We’re still clearing through a bit of the backlog from last year,” said a senior loans official at a mid-sized European lender, “but after that, it’s dead. Usually, ...

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