Bank of America launches syndicated loan site

Bank of America launches syndicated loan site

Bank of America has launched a Web site offering research and market analytics on the $1 trillion syndicated loan market.

The site provides analysis, commentary and metrics specifically tailored to meet the needs of issuers and investors.

Bank of America claims a leadership position in syndicated loans, with nearly 700 transactions and $214 billion in volume through the third quarter of 2000.

Stacy Cook, co-head of syndicated finance at Banc of America Securities, comments: "As part of our strategy of growing the business, we have proactively provided loan market information to our clients through published research, the news media and Bloomberg. Our Web site takes this strategy to the next level by delivering critical information and analytical tools in a dynamic and interactive format."

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