Reuters reported that syndicated lending is peaking, partly due to lowered corporate taxes and a push to borrow before interest rates rise. The result is an upswing in mergers and company refinancings.
According to Reuters, $1.45 trillion in loans issued in the first six months of 2018 to companies for acquisitions, leveraged buyouts, dividends and refinancings topped last year’s $1.31 trillion, the previous record.
