Two economic winds have blown the syndicated loan market to record volumes since the mid-1990s: mergers and acquisitions activity and a boom in refinancings.

Now, with the first half of 1998 in the books, the refinancing gale appears to have lost its force.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.