Syndicated Loan Market 2020 Review & 2021 Outlook White Paper

2020 Review

2020 was a year of promise followed by ominous clouds, fear, loss, uncertainty and a splash of optimism. Circling back to see how the Loan Market fared in 2020, it would appear not much has changed. The second half comeback resulted in Fiscal Year 2020 total return of 3.12%, despite losses of as much as 20% in March when the COVID-19 panic and its impact on businesses garnered headlines worldwide.