On Wednesday, Dealogic released its Bookrunner and MLA Tables for Syndicated Shipping Loans for the 9 months 2009. As expected, total volume and transactions were well down from the prior year. Total deal volume was $25.6 billion in 85 transactions compared to $72.2 billion in 263 transactions over the same period in 2008, confirming what we hear anecdotally. In percentage terms, the nine-month decline was 64.5%, which was less than the quarter over quarter reduction of 73.9% suggesting relief is not yet in sight.
This is only an excerpt of No Surprises This Quarter Either
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Tags: · Bluewater, Bluewater Holding, BofA Merrill Lynch, Carnival, Dealogic, DnB NOR, ING, Mitsubishi UFJ, Mizuho, Nordea, NYK, SMBC, Tidewater
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