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Asia-Pac syndicated loans fall 12.8% in Q1

Published Mon, Mar 31, 2014 · 10:00 PM
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[SINGAPORE] The value of syndicated loans in Asia-Pacific (excluding Japan) fell 12.8 per cent over the year to US$75.9 billion in the first quarter of this year, yanked down by weakness in borrrowings linked to China, data from Thomson Reuters showed yesterday.

Deal flow as a whole has also eased, with 214 deals posted in the first quarter of this year, compared with 261 deals registered in the same time a year ago.

"China borrowing, which led loan volume growth in Asia-Pacific last year, has had a lacklustre first quarter with some imp…

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