Solve Advisors Syndicated Bank Loan Market Summaries

  

Syndicated Bank Loan Market Summary - Week Ending 9/13/19

Michael Pellerito, September 16, 2019

Subscribe to Solve's Market Summaries Request a Free Trial of SolveQuotes


Our weekly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a weekly period.

  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 DITECH EXIT TL B 27.26% 35.47 27.87
2 MCS TL B 9.98% 39.70 36.10
3 TEAM HEALTH TL 3.73% 83.53 80.53
4 EXGEN RENEWABLES I TL B 2.99% 98.50 95.64
5 STAPLES TL B1 2.77% 98.85 96.19
6 RADIOLOGY PARTNERS TL 2.16% 98.07 96.00
7 MONTREIGN RESORT CASINO TL 2.11% 89.87 88.01
8 ORTHO-CLINICAL TL B 1.72% 96.35 94.72
9 MULTIPLAN TL B 1.70% 94.74 93.15
10 MOMENTIVE PERFORMANCE MATLS TL B 1.29% 98.50 97.25
  • Showcases the top 10 loan "winners" based on the largest bid price increases between 9/6/19 - 9/13/19
TOP 10 LOSERS
Rank Loan Chg Price Price - 1W
SERTA SIMMONS 2ND LIEN TL -15.03% 36.75 43.24
ACCUVANT 2ND LIEN TL -13.64% 56.28 65.16
ANCHOR GLASS 2ND LIEN TL -13.31% 60.45 69.74
P.F. CHANG'S TL -6.86% 83.82 90.00
MURRAY ENERGY TL B2 -4.90% 44.64 46.95
IMAGINE! TL -4.86% 74.32 78.11
LONGVIEW POWER EXIT TL B -4.62% 79.16 83.00
GENON ENERGY INC TL B -4.43% 91.49 95.73
FORESIGHT ENERGY TL -3.70% 62.57 64.97
10  SKILLSOFT EXT TL -3.38% 80.33 83.14
  • Showcases the top 10 loan "losers" based on the largest bid price decreases between 9/6/19 - 9/13/19
 
 Avg Bid PX by Sector
  • Displays the average loan bid price by sector between 9/6/19 - 9/13/19
    • Results are based on 5 select industry sectors, however, we offer data across 36 sectors
  
Market Sentiment - Advancers vs. Decliners
  • Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) between 9/6/19 - 9/13/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 EIRCOM FINCO SARL EUR TL B 14 57 43 307%
2 CENGAGE TL 42 70 28 67%
3 ROYALTY PHARMA TL B6 30 55 25 83%
4 TRANSUNION TL B4 37 62 25 68%
5 VIZIENT TL B 14 38 24 171%
6 ACADIA HEALTHCARE TL B4 28 52 24 86%
7 APEX TOOLS TL B 24 48 24 100%
8 CAPITAL AUTOMOTIVE TL B 42 66 24 57%
9 IMS HEALTH TL B1 34 58 24 71%
10 ACADIA HEALTHCARE TL B3 30 53 23 77%
  • Exhibits the loans with the largest increase in quote volume for the week ending 9/6/19 vs. the week ending 9/13/19
MOST QUOTED LOANS
RANK TRANCHE DEALERS
1 DELL TL B 14
2 EIRCOM FINCO SARL EUR TL B3 12
3 JCREW TL B 10
4 UNILABS EUR TL B 10
5 ALLISON TRANSMISSION TL B 10
6 ESH HOSPITALITY TL B 10
7 ZIGGO EUR TL F 9
8 ALTICE FINANCING TL B 9
9 COOPER STANDARD TL B 9
10 GRIFOLS WORLDWIDE TL B 9
  • Ranks the loans that were quoted by the highest number of dealers between 9/6/19 - 9/13/19

 

 Bid and Offer Volume

  • Reveals the total number of quotes by bid and offer between 9/6/19 - 9/13/19

 

 Sector Bid Offer Spread

  • Displays the bid-offer spread by sector between 9/6/19 - 9/13/19
    • 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 +1 646-699-5041.