
Singapore syndicated loans down by 28%
It tracks global downtrend where only 3 of the top 15 nationalities experienced an increase.
Singapore syndicated loan volume totaled $6.99 b while global volume reached $715.8bn in 1Q 2012, the lowest quarterly volume since 1Q 2010 ($543.0bn), and down 21% on 1Q 2011, data from Dealogic show.
Of the top 15 nationalities, only three experienced an increase compared with 1Q 2011: Canada (60%), Japan (39%) and Spain (19%).
1Q 2012 activity of 1,842 deals was down 18% on 1Q 2011, and the lowest quarterly deal count since 2Q 2010.
Asia Pacific volume reached $178.0bn in 1Q 2012, a decrease of 10% compared to 1Q 2011 ($196.9bn)
EMEA recorded the largest volume decrease of the quarter across all world regions, with volume of $142.0bn, down 47% on 1Q 2011 222 EMEA loans were signed in 1Q 2012, marking the lowest activity in 15 years
Americas volume reached $395.8bn in 1Q 2012, down 11% on 1Q 2011. Indian Subcontinent volume reached $12.1bn in 1Q 2012, down 57% on 1Q 2011 and the largest decrease across all regions