RLPC-Europe, Africa loans hit record $1.6 trln in 2007


By Tessa Walsh and Sadaf Khan LONDON, Dec 21 (Reuters) - Syndicated lending in Europe, the Middle East and Africa surged to a record $1.6 trillion in 2007 despite rocky debt markets in the second half of the year due to the credit crunch, according to Reuters Loan Pricing Corp. Lending rose 31 percent from the $1.22 trillion of loans syndicated in 2006, putting the region on par with U.S. market for the first time. Volume in Europe, the Middle East and Africa (EMEA) has been boosted by ...

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