Syndicated lending volume broke the $1 trillion mark for the first time ever in 1997, and bankers are predicting an even more vibrant market for 1998.

Securities Data Co. of Newark, N.J., reported Friday that in 1997 volume hit a record $1.09 trillion, up from $950.3 billion in 1996. The fourth quarter also broke records, Securities Data said, with volume hitting $316.7 billion, up from $271.8 billion a year earlier.

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