SVB’s Collapse Is a Headache to More Than 190 Firms Worldwide

More than 190 companies worldwide that received loans from failed Silicon Valley Bank could be on the hunt for new lenders.

SVB committed to transactions worth more than $70 billion in the syndicated loan market, with the bulk of its participation on deals in the US, according to data compiled by Bloomberg. It was also involved in about 18 deals in Asia and 10 in Europe. SVB’s specific commitment on each is unknown.

Separately this morning several firms including PCI-PAL Plc and Trustpilot Group Plc said in regulatory filings that they have cash tied up in SVB accounts. UK-headquartered consumer ...