Syndicated Loans Bankers Optimistic for 2011

Syndicated Loans Bankers Optimistic for 2011

After 2010 marked the slowest year for the loans market since 2004 in terms of volume according to Dealogic, syndicated loans bankers are optimistic that 2011 will bring new opportunities. Bankers expect to see continued competition from local banks, which was characteristic of 2010. Tenors are expected to grow, with more flexible terms and some spread compression in order to attract borrowers. “I expect to see pricing getting even tighter, driven by very liquid local players and markets,” says

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