Strong 2017 for syndicated loan trading 2017 was a strong year for the secondary loan trading market according to the q4 data snapshot report from ihs markit quarterly report highlights include index trend iboxx usd leveraged loan index returns rise to 329. In 2017 a significant uptick from last years 20bn and 18bn respectively 20 triple as are now trading inside of 100 bps down from mid 130 bps area at the start of the quarter clo managers and equity holders will likely push for more. The lsta is active in the primary market where agent banks originate syndicated loans and in the secondary market where loan traders buy and sell syndicated loans the lsta has an ever growing library of documents for use in the primary market including a new form of a complete credit agreement for investment grade borrowers which was published in 2017 all of which are generally used by market participants. Syndicated loan a syndicated loan also known as a syndicated bank facility is a loan offered by a group of lenders referred to as a syndicate that work together to provide funds for a