2Q19 non-sponsored lending jumped to
its highest quarterly level in a year

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After a very slow start to the year, non-sponsored lending soared in 2Q19. At US$26bn, non-sponsored syndicated loan volume was up 81% from 1Q19, but was still down 15% year-over-year. The quarter-over-quarter increase in lending was driven by a big surge in refinancings which at US$18.9bn were up 89% from 1Q19.