Leveraged Loan Insight & Analysis – 3/28/2022

1Q22 US Syndicated loan volume down over 36% y-o-y


US lenders booked less than US$455bn of loan volume via retail syndication in 1Q22, a 36% decline year over year and a 37% drop quarter over quarter. The results marked the lowest quarterly totals since 4Q20 and the weakest 1Q results in three years. Uncertainty in the wake of inflationary concerns, ongoing supply chain issues and interest rate hikes as well as the global impact of the war in Ukraine all impacted market psyche to various degrees.