Syndicated Loan Market
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Over 190 Companies May Need to Find New Banks After Silicon Valley Bank Goes Bankrupt
On March 13, according to foreign media reports, more than 190 companies around the world that have obtained loans from the bankrupt Silicon Valley Bank (SVB) may be looking for new banks. According to relevant data, SVB has participated in more than US $70 billion of transactions in the syndicated loan market, most of which are in the United States. The company also participated in about 18 transactions in Asia and 10 transactions in Europe. It is not clear about its specific participation in each transaction. (Golden Ten) More than 190 companies around the world may need to find another way to raise funds after the explosion of Silicon Valley banks Analysis based on this information:On March 13, foreign media reported that over 190 companies worldwide that obtained loans from Silicon Valley Bank (SVB) may need to find new banks. SVB recently declared bankruptcy, putting the future of the bank and its clients in question. Relevant data reveals that SVB…
