LatAm Loan Volume Halves

LatAm Loan Volume Halves


Syndicated loan volume from LatAm and the Caribbean plummeted 49% in the first three quarters of 2008 versus the corresponding period of last year, according to Dealogic. Borrowers raised some $37.0bn in the period as the bank market tightened up and corporates stepped out. LatAm is the least active EM region in the period for loans, with volume relatively in line with the $30.4bn raised in India and the subcontinent. Southeast Asia bucked the global trend with a 50% surge in activity to $49.0bn

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