Syndicated Bank Loan Market Summary

Solve Advisor's weekly loan newsletter highlights trends in the Syndicated Bank Loan market.

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

Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, July 26th - Friday, August 2nd. In the tables and charts below, you'll find:

TOP 10 WINNERS
Rank	Loan	Chg	Price	Price - 1W
1	SMS SYSTEMS TL	9.42%	76.94	70.31
2	STEINHOFF INTERNATIONAL TL B1	3.88%	86.22	83.00
3	SERTA SIMMONS 2ND LIEN TL	3.31%	45.55	44.09
4	FORESIGHT ENERGY TL	2.47%	72.01	70.27
5	ALTICE FINANCING TL B	2.25%	96.44	94.32
6	OBERTHUR TECHNOLOGIES SA EUR TL B1	1.79%	97.26	95.55
7	VF HOLDINGS CORP 2ND LIEN TL	1.75%	99.62	97.90
8	GAVILAN RESOURCES 2ND LIEN TL	1.47%	44.98	44.33
9	DIEBOLD EUR TL B	1.45%	95.15	93.76
10	FINANCIAL & RISK US HOLDINGS INC TL B	1.42%	100.47	99.06

Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 7/26/19 - 8/2/19

TOP 10 LOSERS
Rank	Loan	Chg	Price	Price - 1W
1	HARLAND CLARKE TL B7	-9.26%	74.99	82.63
2	DONCASTERS GBP TL C	-5.64%	74.42	78.86
3	MCDERMOTT TL B	-5.38%	94.52	99.90
4	CHEMOURS EUR TL B	-3.39%	96.39	99.78
5	LUMILEDS DD TL	-3.28%	64.76	66.96
6	REVLON TL B	-3.04%	80.85	83.39
7	KCA DEUTAG TL B	-2.74%	69.91	71.88
8	ACADEMY SPORTS TL B	-2.42%	68.41	70.10
9	MITEL NETWORKS 2ND LIEN TL	-2.26%	84.94	86.91
10	NEIMAN MARCUS PIK TL	-2.04%	84.37	86.12

Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 7/26/19 - 8/2/19

Displays the average loan bid price by sector for the period between 7/26/19 - 8/2/19
- 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) for the period between 7/26/19 - 8/2/19

TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK	TRANCHE	PRIOR WEEK	THIS WEEK	INCREASE	% INCREASE
1	INEOS FIN TL B	30	83	53	177%
2	BWAY HOLDING TL B	44	65	21	48%
3	TECHNICOLOR EUR TL B	14	34	20	143%
4	OXEA EUR TL B1	54	73	19	35%
5	YRC WORLDWIDE INC TL B	40	58	18	45%
6	LSC COMMUNICATIONS TL B	2	19	17	850%
7	FLEETCOR TECHNOLOGIES TL	12	29	17	142%
8	FLEETCOR TECHNOLOGIES TL A	2	19	17	850%
9	COTY EUR TL B	42	59	17	40%
10	ARDAGH TL	5	21	16	320%

Exhibits the loans with the largest increase in quote volume for the week ending 7/26/19 vs. the week ending 8/2/19

MOST QUOTED LOANS
RANK	TRANCHE	DEALERS
1	FIRST DATA CORP TL B - 2024	14
2	MACDONALD DETTWILER TL B	12
3	BLITZ F18675 GMBH EUR TL B1	12
4	LAS VEGAS SANDS TL B	11
5	UNITY MEDIA GMBH TL E	11
6	COMMERCIAL BARGE TL B	11
7	FORESIGHT ENERGY TL	11
8	UNITY MEDIA GMBH TL B	11
9	ARDAGH TL	11
10	FIRST DATA CORP TL B - 2022	10

Ranks the loans that were quoted by the highest number of dealers for the period between 7/26/19 - 8/2/19

Bid and Offer Volume

Reveals the total number of quotes by bid and offer for the period between 7/26/19 - 8/2/19

Sector Bid Offer Spread - 8.5.19 v2

Displays the bid-offer spread by sector between 7/26/19 - 8/2/19
- 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?

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 646-699-5041.

Solve Advisors Syndicated Bank Loan Market Summaries

Syndicated Bank Loan Market Summary - Week Ending 8/2/19

Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, July 26th - Friday, August 2nd. In the tables and charts below, you'll find: