The third quarter of 2014 marked a significant milestone in Australian syndicated loans with rolling 12-month volume of US$114 billion beating the pre-GFC peak of US$113 billion in Q1 2008.
There was US$20.1billion in new issuance with 31 transactions in the period. This represents a 48 percent increase in volume from Q3 2013 although a drop from Q2 2014 as is traditionally the case.
Adding to this positive issuance volume environment is 12-month deal numbers running above 200 for the fourth consecutive quarter. Indeed data collected since 2001 by Bloomberg suggests that corporate issuance is at an all-time high supporting suggestions that market liquidity is incredibly favourable for corporate issuance.