Solve Advisors Syndicated Bank Loan Market Summaries

  

Syndicated Bank Loan Market Summary - Week Ending 6/29/18

Michael Pellerito, July 02, 2018

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

Want to receive Solve's Bank Loan summaries in your inbox directly?

 Subscribe to Solve's Market Summaries...

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

 Request a Free Trial of SolveQuotes


Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, June 22nd- Friday, June 29th.  In the tables and charts below, you'll find:

  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 DEL MONTE FOODS CO TL 1.83% 84.09 82.58
2 RESEARCH NOW 2ND LIEN TL 1.22% 95.15 94.00
3 SEADRILL PARTNERS LLC EXT TL B 1.07% 89.61 88.65
4 AHT COOLING SYSTEMS EUR TL B1 1.00% 95.00 94.06
5 ASCENA RETAIL TL B 0.74% 89.11 88.46
6 ASSOCIATED ASPHALT PARTNERS TL B 0.58% 97.53 96.97
7 COMMUNITY HEALTH TL G 0.48% 99.80 99.32
8 RESEARCH NOW TL 0.33% 97.15 96.83
9 ECO-BAT PIK EUR TL 0.26% 35.53 35.44
10 CRESTWOOD MIDSTREAM TL B 0.21% 98.50 98.29
  • Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/22/18 - 6/29/18
TOP 10 LOSERS
Rank Loan Chg Price Price - 1W
1 AMERICAN TIRE TL B -27.26% 64.26 88.35
2 CATALINA MARKETING 2ND LIEN TL -3.80% 24.65 25.63
3 VERITAS EUR TL B -3.27% 91.44 94.53
4 ACOSTA TL B -3.13% 74.08 76.47
5 IHEART TL D -2.06% 76.17 77.76
6 CTI FOODS 2ND LIEN TL -1.83% 73.10 74.46
7 CPI CARD GROUP TL B -1.60% 60.18 61.16
8 STADA ARZNEIMITTEL EUR TL C -1.53% 97.66 99.18
9 KLOECKNER EUR TL B -1.44% 94.23 95.61
10 PREMIERE GLOBAL TL -1.39% 96.24 97.60
  • Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/22/18 - 6/29/18
 
 Average Bid PX By Sector-4
 
  • Displays the average loan bid price by sector for the period between 6/22/18 - 6/29/18
    • Results are based on 5 select industry sectors, however, we offer data across 36 sectors
  
Sentiment
  • Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) for the period between 6/22/18 - 6/29/18
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 ALBERTSONS TL B5 4 52 48 1200%
2 WARNER MUSIC TL B 49 74 25 51%
3 INTELSAT TL B3 34 50 16 47%
4 MICHAELS STORES TL B 2 18 16 800%
5 ZEBRA TECHNOLOGIES CORP TL B 40 55 15 38%
6 BERRY PLASTICS TL Q 38 52 14 37%
7 AMERICAN TIRE TL B 27 40 13 48%
8 SEMINOLE TRIBE OF FLORIDA TL B 28 41 13 46%
9 AMERICAN AIRLINES TL B 36 48 12 33%
10 ATLANTIC BROADBAND TL 19 30 11 58%
  • Exhibits the loans with the largest increase in quote volume for the week ending 6/22/18 vs. the week ending 6/29/18
MOST QUOTED LOANS
RANK TRANCHE DEALERS
1 CLARIVATE ANALYTICS TL 11
2 ENGILITY TL B2 10
3 ZAYO TL B1 9
4 VANTIV INC TL B4 9
5 WEX MED CORP TL B 9
6 AMWINS 2ND LIEN TL 8
7 FLINT GROUP EUR TL B 8
8 RACKSPACE HOSTING TL B 8
9 NUMERICABLE TL B12 8
10 SPRINGER NATURE TL B13 8
  • Ranks the loans that were quoted by the highest number of dealers for the period between 6/22/18 - 6/29/18

 

 Bid and Offer Volume

  • Reveals the total number of quotes by bid and offer for the period between 6/22/18 - 6/29/18

 

 Sectoir Bid Offer Spread

  • Displays the bid-offer spread by sector between 6/22/18 - 6/29/18
    • 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 646-699-5041.