TRLPC-U.S. loan volume gains momentum, trails year-ago pace
July 01, 2015 at 12:23 PM EDT
NEW YORK, July 1 (Reuters) - U.S. syndicated loan issuance bounced in the second quarter from the two-and-a-half-year low set the prior quarter, driven by a renewed push by companies to refinance debt before borrowing costs increase. Overall volume still fell short of last year's second quarter, however, constrained by regulatory parameters on high-risk lending and by corporations favoring cash and equity over debt to fund takeovers. Companies borrowed $517.4 billion in the syndicated loan mar