Lenders shift gears as coronavirus fears ripple through loan market
April 01, 2020 at 14:22 PM EDT
NEW YORK, April 1 (LPC) - After a robust start, first quarter activity for US syndicated loans ground to a halt as the world came to terms with COVID-19, a new and deadly disease that spooked lenders and rattled markets. Deals were put on hold, investor meetings canceled, and fundraising schedules postponed as market participants faced a health crisis of unprecedented reach and magnitude.
