The first half of the calendar year experienced an increase of 29 percent in syndicated loan market volume to US$32.6 billion compared to the first half of 2016. Q2 2017 was the better performer of the two quarters, with a 62 percent increase in volumes to US$23 billion, representing an increase of US$8.8 billion compared to the corresponding period last year.
An increase in M&A activity within the Australian public sector, certain large mining and oil and gas refinancing(s) have been the key drivers for the increase in syndicated loan volume within the Australian bank market.
Notable transactions for the quarter include:
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