Monthly Syndicated Bank Loan Market Summary

Solve Advisor's monthly 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 month of July 2018 versus June 2018. In the tables and charts below, you'll find:

Top 10 Loan Price Winners
Top 10 Loan Price Losers
Average Bid Price (By industry sector)
Market Sentiment
Top Quote Volume Movers
Most Quoted Loans
Bid and Offer Volume
Bid Offer Spread (By industry sector)

TOP 10 WINNERS
Rank	Loan	Chg	Price	Price - 1M
1	AMERICAN TIRE TL B	10.79%	71.20	64.26
2	ECO-BAT PIK EUR TL	9.89%	39.04	35.53
3	SKILLSOFT EXT 2ND LIEN TL	6.61%	88.69	83.19
4	EASTMAN KODAK EXIT TL	4.48%	97.05	92.88
5	SEADRILL PARTNERS LLC EXT TL B	4.28%	93.44	89.61
6	ACOSTA TL B	3.50%	76.67	74.08
7	CENGAGE TL	3.32%	94.43	91.40
8	DEL MONTE FOODS CO TL	3.30%	86.86	84.09
9	SKILLSOFT EXT TL	2.72%	96.62	94.07
10	DAVID'S BRIDAL TL B	2.62%	90.86	88.54

Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 7/1/18 - 7/31/18

TOP 10 LOSERS
Rank	Loan	Chg	Price	Price - 1M
1	MONTREIGN RESORT CASINO TL	-9.26%	88.01	97.00
2	FLAKT WOODS EUR TL B	-8.29%	87.22	95.11
3	SOUTHCROSS ENERGY LLC PROPCO TL B	-7.64%	87.70	94.95
4	REVLON TL B	-5.77%	73.16	77.64
5	PIER 1 TL B	-5.08%	86.00	90.60
6	WINEBOW TL B	-5.05%	90.94	95.77
7	RENTPATH 2ND LIEN TL	-4.70%	82.17	86.22
8	AIR METHODS TL	-4.32%	91.66	95.79
9	KALLE EUR TL	-4.30%	85.15	88.98
10	ADVANTAGE SALES 2ND LIEN TL	-4.06%	87.30	91.00

Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 7/1/18 - 7/31/18

Displays the average loan bid price by sector for the period between 7/1/18 - 7/31/18
- Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) for the period between 7/1/18 - 7/31/18

TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH
RANK	TRANCHE	PRIOR MONTH	THIS MONTH	INCREASE	% INCREASE
1	ALBERTSONS TL B5	68	195	127	187%
2	DOUGLAS DYNAMICS TL B	101	205	104	103%
3	DEOLEO EUR TL B	60	160	100	167%
4	TECTUM HOLDINGS INC TL	2	92	90	4500%
5	ON SEMI TL B	139	224	85	61%
6	TELENET TL A	163	245	82	50%
7	ARISTOCRAT TL B	138	216	78	57%
8	PLAYA RESORTS TL B	90	162	72	80%
9	ORTHO-CLINICAL TL B	95	165	70	74%
10	INTELSAT TL B3	161	220	59	37%

Exhibits the loans with the largest increase in quote volume for the month ending 6/30/18 vs. the month ending 7/31/18
Includes only loans outstanding

MOST QUOTED LOANS
RANK	TRANCHE	DEALERS
1	UPC TL	10
2	MISYS TL B	9
3	NTL CABLE PLC TL K	9
4	SOLERA TL B	9
5	DELL TL B	8
6	SOLARWINDS TL	8
7	ALLISON TRANSMISSION TL B	8
8	CEVA SANTE ANIMALE EUR TL B	8
9	STATION CASINO TL B	7
10	INFOR TL B	7

Ranks the loans that were quoted by the highest number of dealers for the period between 7/1/18 - 7/31/18

Bid and Offer Volume

Reveals the total number of quotes by bid and offer for the period between 7/1/18 - 7/31/18

Sector Bid Offer Spread

Displays the bid-offer spread by sector between 7/1/18 - 7/31/18
- 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?

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

Monthly Syndicated Bank Loan Market Summary - July 2018

Solve has aggregated and organized key trends derived from observable loan price data for the month of July 2018 versus June 2018. In the tables and charts below, you'll find: