2020 US Syndicated loan volume
at 10 year low amid pandemic

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In a year overshadowed by a global pandemic, social unrest and a prolonged US election cycle, lenders pushed over US$1.5trn of loan volume through the syndicated market, a 27% drop over the same time last year and a 10-year low. Although Covid-19 was the overarching headline that defined 2020, there were several stories and surprises that emerged as key sub-themes throughout the year