Ratings Will Become an Important Factor in the Syndicated Loan Market
Standard & Poor's sees evidence of emerging trends that show clear signs of a more investor-driven loan market.
The below article was written by Steven M Bavaria, Vice President and Business Head û Bank Loan Recovery Ratings, Standard PoorÆs and his colleague John Bailey, Managing Director, Corporate Infrastructure Ratings
The evolution of the syndicated loan market from a private, relationship-oriented credit market to a real securities market has been proceeding steadily for several years. Although the Asian market remains some years behind its US counterpart in terms of development, Standard Poor's sees evidence of emerging trends that show...
To continue reading, please login or register for free