Monday's stock market volatility had little immediate impact on the bank loan market, but lenders said a continued slide in equities could have long-term repercussions.

"When you look at a day or two of a bad market with the long run we've had on the positive side, it's really too early to make any conclusions about where it's going or the longer term implications of it," said Timothy J. Conway, managing director of corporate finance at Fleet Financial Group, Boston.

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