Refinancings continue to dominate institutional loans calendar in 1Q25

LSEG|March 19, 2025

Content hub / Article / LSEG / Refinancings continue to dominate institutional loans calendar in 1Q25

Despite steady loan market liquidity and unabated demand for assets, new institutional loan volume – at US$37bn – has been limited in early 2025. In fact, month-over-month new institutional loan volume has remained well below 20%, consistent with year-ago results but off compared to historical levels. Less than US$8bn has been executed via the broadly syndicated loan market so far this quarter, dampening opportunities for incremental institutional investment.

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