Loan Issuance Dropped in 2009

MLS Market Snapshot

In 2009 US loan issuance  dropped by  28 percent to $547 billion, from $764 billion in 2008, according to data from Reuters Loan Pricing.

Here is the breakdown:

Investment-grade loans  down 28 percent  to$229 billion, from$319 billion.

Lleveraged loan issuance down 19 percent slid to  $239 billion,from $294 billion in 2008.

Source and Story here

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