Middle market non-sponsored syndicated volume is at US$12bn so far in 3Q21
Non-sponsored syndicated middle market loan volume is at US$12bn so far in 3Q21, already on par with the total logged in 3Q20. If the current pace continues, 3Q21’s total will be close to 2Q21’s US$29bn, which was the highest quarterly level in 3 years in this market segment.
New money lending in the non-sponsored market has increased this year, totaling US$24.5bn so far. This is already ahead of the total US$20bn recorded for all 2020 and is US$1bn shy of 2019’s total.