Banks, downplaying recession, foresee record US M&A lending
July 20, 2018 at 11:23 AM EDT
NEW YORK, July 20 (LPC) - Bank lending for US mergers and acquisitions of high-grade companies will scale new heights this year, as the voracious appetite for mega-deals persists even while credit markets turn choppy and recession talk surfaces, bankers and strategists said.