Solve Advisors Syndicated Bank Loan Market Summaries

  

Syndicated Bank Loan Market Summary - Week Ending 8/16/19

Michael Pellerito, August 19, 2019

Subscribe to Solve's Market Summaries Request a Free Trial of SolveQuotes


Our weekly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a weekly period.

  1. Top 10 Loan Price Winners
  2. Top 10 Loan Price Losers
  3. Average Bid Price (By industry sector)
  4. Market Sentiment
  5. Top Quote Volume Movers
  6. Most Quoted Loans
  7. Bid and Offer Volume
  8. Bid Offer Spread (By industry sector)

 

TOP 10 WINNERS
Rank Loan Chg Price Price - 1W
1 HEALTHPORT TL B 4.61% 88.14 84.26
2 HIGHLINE AFTERMARKET ACQUISITION TL 3.57% 83.70 80.81
3 KIK CUSTOM TL B 1.56% 94.71 93.26
4 CHEMOURS EUR TL B 1.28% 97.17 95.94
5 BASS PRO SHOPS TL B 1.16% 95.17 94.08
6 SERTA SIMMONS TL 1.13% 69.49 68.72
7 PARK PLACE TECHNOLOGIES TL 0.82% 99.31 98.50
8 CSM N V TL B 0.64% 95.10 94.50
9 HOUGHTON MIFFLIN TL 0.64% 97.51 96.89
10 OWENS & MINOR DISTRIBUTION TL B 0.60% 80.99 80.51
  • Showcases the top 10 loan "winners" based on the largest bid price increases between 8/9/19 - 8/16/19
TOP 10 LOSERS
Rank Loan Chg Price Price - 1W
MCS TL B -31.63% 35.38 51.75
CONSTELLIS HOLDINGS LLC 2ND LIEN TL -26.99% 42.24 57.85
NPC TL -13.46% 68.86 79.57
FORESIGHT ENERGY TL -7.17% 65.29 70.33
HILDING ANDERS EUR TL -7.13% 76.06 81.90
MALLINCKRODT TL B -6.35% 79.44 84.83
DONCASTERS EXT TL B -6.05% 70.35 74.88
CALIFORNIA RESOURCES TL -5.94% 90.04 95.73
RODAN & FIELDS TL B -5.89% 86.81 92.25
10  CONSTELLIS HOLDINGS LLC TL -4.76% 68.99 72.44
  • Showcases the top 10 loan "losers" based on the largest bid price decreases between 8/9/19 - 8/16/19
 
 Avg Bid PX by Sector
  • Displays the average loan bid price by sector between 8/9/19 - 8/16/19
    • Results are based on 5 select industry sectors, however, we offer data across 36 sectors
  
Market Sentiment - Advancers vs. Decliners
  • Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) between 8/9/19 - 8/16/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 WESTJET TL 15 47 32 213%
2 MANNINGTON TL B 0 18 18 N/A
3 MACDONALD DETTWILER TL B 20 37 17 85%
4 MALLINCKRODT EXT TL B 24 38 14 58%
5 ION MEDIA TL B 26 40 14 54%
6 CLUB CORP TL B 22 36 14 64%
7 CITYMD TL 6 18 12 200%
8 CPA GLOBAL TL B 10 22 12 120%
9 INTEL 2ND LIEN TL 4 16 12 300%
10 IHEART TL B 26 37 11 42%
  • Exhibits the loans with the largest increase in quote volume for the week ending 8/9/19 vs. the week ending 8/16/19
MOST QUOTED LOANS
RANK TRANCHE DEALERS
1 AHLSELL EXT EUR TL B2 12
2 UNILABS EUR TL B 12
3 ALBERTSONS TL B6 11
4 WEBHELP EUR TL B 11
5 ALBERTSONS TL B7 11
6 AMEDEO MSN 157 EUR TL B 11
7 FORESIGHT ENERGY TL 11
8 ARDAGH TL 11
9 ALBERTSONS TL B5 10
10 VERITAS EUR TL B 10
  • Ranks the loans that were quoted by the highest number of dealers between 8/9/19 - 8/16/19

 

 Bid and Offer Volume

  • Reveals the total number of quotes by bid and offer between 8/9/19 - 8/16/19

 

 Sector Bid Offer Spread

  • Displays the bid-offer spread by sector between 8/9/19 - 8/16/19
    • Results are based on 5 select industry sectors, however, we offer data across 36 sectors

 Want free access to Real-Time Composite pricing and trends within the market for Syndicated Bank Loans?

 Request a Free Trial of SolveQuotes

If you would like to see additional information, or if you have any feedback or questions, please feel free to reach out to us at info@solveadvisors.com or +1 646-699-5041.