Summary
This report provides an analysis of the loan market for the first half of 2024, highlighting key trends and statistics across the Americas, EMEA, and Asia-Pacific regions. The total loan volume reached USD 2.6 trillion, representing a 13% increase from the previous year. The Americas led this growth with a volume of USD 1.76 trillion, marking a 31% rise compared to 2023. The report notes that leveraged loans have gained prominence, surpassing investment-grade loans for the first time since 2021. Refinancing emerged as a significant driver of loan issuance, with USD 944 billion attributed to refinancing in the second quarter of 2024. The report also discusses the tightening of loan tenors and the decline in ESG loan issuance, which fell by 64% compared to the previous quarter. Overall, the document outlines the evolving dynamics of the loan market and the factors influencing current trends.
