RLPC-EMEA syndicated loan volume down 30 percent in Q1

Newswire

By Tessa Walsh LONDON, March 30 (Reuters) - Syndicated lending in Europe, the Middle East and Africa fell 30 percent year-on-year to $154 billion in the first quarter as company performance declined and defaults mounted, according to data from Thomson Reuters LPC. Lending to high-grade companies kept the market active with $131 billion of volume but leveraged lending saw the lowest quarterly figure since 2000, just $8 billion. Lending to blue-chip companies was down 6 percent but ...

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