2Q18 US M&A loan volume sets quarterly record; 1H18 total also at historical high

The US market cleared almost US$194bn in acquisition loan financing in 2Q18 via a series of jumbo deals, to set a new quarterly record. In turn, 1H18 M&A volume at US$363.5bn marked a record high for any half year period. At over US$103bn, 2Q18 non-leveraged M&A deal flow topped previous quarterly totals to record a historic quarterly high and boosting 1H18 volumes to a record setting US$190bn or 52% of total M&A volume so far this year.