Solve Advisors Syndicated Bank Loan Market Summaries

  

Syndicated Bank Loan Market Summary - Week Ending 6/9/17

Michael Pellerito, June 12, 2017

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Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, June 2nd - Friday, June 9th.  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)

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TOP 10 WINNERS
Rank Loan Chg Price Price - 1W
1 CORTEFIEL EUR TL B4 2.43% 82.94 80.97
2 DONCASTERS GBP TL C 1.06% 95.47 94.47
3 WALTER INVESTMENT TL 0.65% 92.19 91.60
4 ION TRADING TL B 0.56% 100.11 99.55
5 TELENET TL A 0.56% 100.99 100.43
6 MISYS TL B 0.55% 100.85 100.30
7 MAXEDA EUR TL E1 0.54% 99.64 99.10
8 TRC COMPANIES TL 0.54% 100.54 100.00
9 AIRBUS DEFENCE ELECTRONICS EUR TL B 0.52% 101.21 100.69
10 GENERALE DE SANTE EUR TL B1 0.51% 101.24 100.72
  • Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/2/17 - 6/9/17
TOP 10 LOSERS
Rank Loan Chg Price Price - 1W
1 AVAYA TL B7 -1.41% 80.25 81.40
2 EXPRO HOLDINGS TL B -1.16% 70.09 70.91
3 POWERFLUTE EUR TL B -0.84% 100.27 101.12
4 SRS DISTRIBUTION TL -0.83% 100.28 101.11
5 WEX MED CORP TL B -0.53% 100.16 100.69
6 DOUGLAS DYNAMICS TL B -0.48% 100.51 101.00
7 UNIVISION TL C5 -0.47% 98.65 99.13
8 UNITED BISCUITS EUR TL B -0.46% 99.63 100.09
9 EXOPACK TL B -0.42% 99.69 100.11
10 VALEANT PHARMACEUTICALS TL F3 -0.40% 101.43 101.84
  • Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/2/17 - 6/9/17
 
Average Bid Price by Sector.png
  • Displays the average loan bid price by sector for the period between 6/2/17 - 6/9/17
    • Results are based on 5 select industry sectors, however, we offer data across 36 sectors
  
 Sentiment.png
  • Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) for the period between 6/2/17 - 6/9/17
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 FORMULA ONE TL B 44 108 64 145%
2 DELL TL B 47 108 61 130%
3 UPC TL 55 116 61 111%
4 ZEBRA TECHNOLOGIES CORP TL B 37 92 55 149%
5 ELLUCIAN / SOPHIA TL B 42 96 54 129%
6 VALEANT PHARMACEUTICALS TL F3 45 98 53 118%
7 TRAVELPORT TL C 34 85 51 150%
8 KRONOS TL B 38 89 51 134%
9 FORMULA ONE 2ND LIEN TL 35 86 51 146%
10 INFOR TL B 43 93 50 116%
  • Exhibits the loans with the largest increase in quote volume for the week ending 6/2/17 vs. the week ending 6/9/17
MOST QUOTED LOANS
RANK TRANCHE DEALERS
1 UPC TL 10
2 GRIFOLS WORLDWIDE TL B 9
3 DELL TL B 9
4 FORMULA ONE TL B 9
5 COMMUNITY HEALTH TL G 8
6 ZIGGO TL E 8
7 ZEBRA TECHNOLOGIES CORP TL B 8
8 INFOR TL B 8
9 VALEANT PHARMACEUTICALS TL F3 8
10 WESTERN DIGITAL TL B2 8
  • Ranks the loans that were quoted by the highest number of dealers for the period between 6/2/17 - 6/9/17

 

Bid Offer Volume.png

  • Reveals the total number of quotes by bid and offer for the period between 6/2/17 - 6/9/17  

 

Sector Bid Offer Spread.png

  • Displays the bid-offer spread by sector between 6/2/17 - 6/9/17
    • Results are based on 5 select industry sectors, however, we offer data across 36 sectors

 

If you would like to evaluate our real-time composite pricing and the SolveQuotes platform:

 REQUEST A FREE TRIAL

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.