Loans at last

07 Jan 2010

What a difference a week makes. Asia’s usually slow-moving syndicated loan market has already registered a clutch of new launches — I hear at least two more deals are set to come out before the end of the week — and bankers have only been back at their desks for four days.

That’s quite a turnaround from this time last year, when syndicated loans were an endangered species and even the Libor system was under threat. Always slow to react, the loan market lagged far behind the rampant equity and bond markets in 2009, and few banks showed any real ...

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