International reality finally hits booming loan market
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International reality finally hits booming loan market

Australia’s syndicated loan market, up until the end of last year, had bucked the international trend of falling volumes and higher pricing, with 2011’s numbers an impressive 68% ahead of the year before. But with lower credit growth, substantial refinancings undertaken in 2011 and borrowers diversifying into the capital markets, 2012 has been much tougher.

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