TRLPC-EMEA first quarter syndicated lending flat at $208 bln

April 1, 2015 11:59 AM

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LONDON, April 1 (Reuters) - Syndicated lending in Europe, the Middle East and Africa (EMEA) of $208 billion in the first quarter was flat on $209 billion in the first three months of 2014 despite an increase in merger and acquisition (M&A) financing, Thomson Reuters LPC data shows.

Loan volume failed to match strong demand and high levels of bank liquidity. M&A activity is growing slowly but the refinancing wave, which has driven activity in the last two years, is subsiding.

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