Syndicated lending in Europe, the Middle East and Africa fell 9% to US$610bn in the first three quarters of 2017 compared with the same period last year. Global economic and political turmoil hit appetite for loans in European high-grade and the emerging markets, but leveraged loan volume of US$176.87bn in the first nine months of the year is at its highest level since the financial crisis, despite the lowest third-quarter volume since 2012.
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