Asia Pac loan volume reached $180bn in 1H 2011

Asia Pacific (ex Japan) loan volume reached $180.0bn in 1H 2011, up 4% compared with $173.9bn in 1H 2010.
o India topped the nationality ranking with $40.2bn and a share of 22% in 1H 2011 despite volume dropping 14% from the $46.7bn recorded in 1H 2010.
o Australia followed with $34.5bn and a 19% market share in 1H 2011, up 54% from the $22.4bn recorded in 1H 2010.

US$ lending reached $52.9bn in 1H 2011 and topped the currency ranking in the region with volume up 12% from $47.1bn in 1H 2010. US$ accounted for 29% of total Asia Pacific (ex Japan) loan volume in 1H 2011.

Sinopec Century Bright Capital completed a $5.0bn facility in April, the largest Asia Pacific (ex Japan) loan of 1H 2011.

Japan

Japan syndicated loan volume was $119.9bn via 671 deals in 1H 2011, down 4% from $125.5bn via 748 deals in 1H 2010.
o Japan was second in the global syndicated loan nationality ranking, behind the US ($882.3bn) but well ahead of France ($95.7bn) in third place.

Finance led the Japan loan industry ranking in 1H 2011 with $16.9bn with volume up 6% on the $15.9bn recorded in 1H 2010.

Working Capital loan volume reached $77.7bn via 393 deals in 1H 2011, up 10% from $70.5bn via 353 deals in 1H 2010, and accounted for 65% of total Japan loan volume in 1H 2011.

Japan Oil Gas & Metal National completed a ¥555.7bn ($6.8bn) loan in April, the largest Japanese loan of 1H 2011.