Solve Advisors Syndicated Bank Loan Market Summaries

  

Syndicated Bank Loan Market Summary - Week Ending 6/16/17

Michael Pellerito, June 19, 2017

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Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, June 9th - Friday, June 16th.  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 HEALOGICS EXT TL B 4.58% 78.40 74.97
2 HEALOGICS 2ND LIEN TL 4.13% 69.71 66.95
3 CORTEFIEL EUR TL B4 3.20% 84.54 81.92
4 CONCORDIA HEALTHCARE GBP TL B 3.12% 74.23 71.99
5 INTERGEN N V TL 1.87% 99.85 98.02
6 ENDEMOL TL 1.85% 89.99 88.35
7 CONCORDIA HEALTHCARE TL 1.67% 74.35 73.13
8 ENDEMOL EUR TL 1.10% 91.96 90.96
9 CGG TRADING BV TL 1.06% 100.41 99.36
10 MURRAY ENERGY TL B2 1.03% 95.46 94.48
  • Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/9/17 - 6/16/17
TOP 10 LOSERS
Rank Loan Chg Price Price - 1W
1 JCREW TL B -10.13% 61.20 68.10
2 EXPRO HOLDINGS TL B -5.53% 66.13 70.00
3 LONGVIEW POWER EXIT TL B -3.94% 76.84 79.99
4 DONCASTERS GBP TL C -2.72% 92.60 95.19
5 DEL MONTE FOODS CO TL -1.71% 83.00 84.45
6 NEIMAN MARCUS TL B -1.61% 77.03 78.29
7 JBS USA TL -1.50% 97.16 98.64
8 ALBERTSONS TL B5 -1.46% 99.15 100.63
9 ALBERTSONS TL B6 -1.46% 99.15 100.63
10 CAMAIEU EXT EUR TL BC2 -1.40% 73.95 75.00
  • Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/9/17 - 6/16/17
 
Average Bid Price per Sector v2.png
  • Displays the average loan bid price by sector for the period between 6/9/17 - 6/16/17
    • Results are based on 5 select industry sectors, however, we offer data across 36 sectors
  
 Sentiment v2.png
  • Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) for the period between 6/9/17 - 6/16/17
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 MULTIPLAN TL B 12 64 52 433%
2 EMI GROUP TL 33 72 39 118%
3 QUIKRETE TL B 53 91 38 72%
4 EIG INVESTORS TL 2 37 35 1750%
5 JAGUAR HOLDING CO I TL 50 82 32 64%
6 SCANDLINES EUR TL B 49 81 32 65%
7 COMMUNITY HEALTH TL G 63 94 31 49%
8 UNITED BISCUITS GBP TL B1 42 72 30 71%
9 COMMUNITY HEALTH TL H 66 95 29 44%
10 SEAWORLD TL B5 54 83 29 54%
  • Exhibits the loans with the largest increase in quote volume for the week ending 6/9/17 vs. the week ending 6/16/17
MOST QUOTED LOANS
RANK TRANCHE DEALERS
1 JCREW TL B 9
2 GRIFOLS WORLDWIDE TL B 9
3 FORMULA ONE TL B 9
4 WESTERN DIGITAL TL B2 9
5 DTZ TL B 8
6 INFORMATICA TL B 8
7 ZIGGO TL E 8
8 GARDNER DENVER TL 8
9 INFOR TL B 8
10 DELL TL B 8
  • Ranks the loans that were quoted by the highest number of dealers for the period between 6/9/17 - 6/16/17

 

Bid Offer Volume.png

  • Reveals the total number of quotes by bid and offer for the period between 6/9/17 - 6/16/17  

 

Sector Bid Offer Spread.png

  • Displays the bid-offer spread by sector between 6/9/17 - 6/16/17
    • 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.