Solve Advisors Syndicated Bank Loan Market Summaries

  

Syndicated Bank Loan Market Summary - Week Ending 5/26/17

Michael Pellerito, May 30, 2017

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Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, May 19th - Friday, May 26th.  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 ALTISOURCE TL B 2.44% 84.05 82.05
2 FRAC TECH TL B 2.22% 88.51 86.59
3 PETSMART TL B 1.89% 95.96 94.18
4 FIRST ADVANTAGE CORP TL B 1.82% 90.22 88.61
5 HEALTHPORT TL B 1.73% 99.13 97.44
6 ENDEMOL EUR TL 1.59% 90.44 89.02
7 AMEOS EUR TL B1 1.54% 101.03 99.49
8 SEADRILL PARTNERS LLC EXT TL B 1.43% 68.90 67.93
9 HC STARCK EUR TL E 1.39% 98.83 97.47
10 IQOR 2ND LIEN TL 1.21% 95.00 93.87
  • Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 5/19/17 - 5/26/17
TOP 10 LOSERS
Rank Loan Chg Price Price - 1W
1 SYNCHRONOSS TECHNOLOGIES TL -3.00% 92.29 95.14
2 SOURCEHOV 2ND LIEN TL -2.34% 86.94 89.02
3 FORTERRA TL -2.30% 93.94 96.15
4 BIOCLINICA TL -1.89% 97.25 99.13
5 JBS USA TL -1.84% 98.43 100.27
6 LIGHTSTONE GENERATION LLC TL B -1.59% 97.88 99.46
7 KINETIC CONCEPTS TL B -1.58% 98.87 100.45
8 COMMERCIAL BARGE TL -1.20% 86.94 88.00
9 EPIC HEALTH TL -1.00% 99.50 100.50
10 EXPRO HOLDINGS TL B -0.90% 72.08 72.73
  • Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 5/19/17 - 5/26/17
 
Average Bid Price by Sector.png
  • Displays the average loan bid price by sector for the period between 5/19/17 - 5/26/17
  • 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 5/19/17 - 5/26/17
 
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 POST HOLDINGS TL B 3 39 36 1200%
2 DELL TL B 62 92 30 48%
3 AIR MEDICAL TL B1 37 65 28 76%
4 KRONOS 2ND LIEN TL 39 67 28 72%
5 RIVERBED TL B 51 79 28 55%
6 LANDESK TL 44 70 26 59%
7 DIVERSITECH TL 4 30 26 650%
8 BWAY HOLDING TL 40 65 25 63%
9 INFORMATICA TL B 52 77 25 48%
10 REGAL CINEMAS CORP TL B 18 43 25 139%
  • Exhibits the loans with the largest increase in quote volume for the week ending 5/19/17 vs. the week ending 5/26/17

 

MOST QUOTED LOANS
RANK TRANCHE DEALERS
1 GRIFOLS WORLDWIDE TL B 9
2 UPC TL 9
3 REYNOLDS GROUP TL B 8
4 DELL TL B 8
5 FORMULA ONE TL B 8
6 NUMERICABLE TL B11 8
7 JCREW TL B 8
8 COMMUNITY HEALTH TL G 8
9 COMMUNITY HEALTH TL H 8
10 ENDEMOL TL 8
  • Ranks the loans that were quoted by the highest number of dealers for the period between 5/19/17 - 5/26/17

 

Bid and Offer Volume.png

  • Reveals the total number of quotes by bid and offer for the period between 5/19/17-5/26/17

 

Sector Bid Offer Spread.png

  • Displays the bid-offer spread by sector between 5/19/17 - 5/26/17
  • 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.