M&A Lending to blue-chip firms on summer hiatus

摘要

Bank lending to high quality US companies to fund acquisitions has slowed due to concern over government policies amid the summer doldrums, but is expected to pick up after the Labor Day holiday. No bridge loans were recorded by LPC in July, for the first time in any month since March 2017, as a more cautious tone set in over the summer after several acquisitions fell apart and US trade wars escalated.