Solve Advisors Syndicated Bank Loan Market Summaries

  

Syndicated Bank Loan Market Summary - Week Ending 8/30/19

Michael Pellerito, September 03, 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 MONTREIGN RESORT CASINO TL 5.71% 87.56 82.83
2 ADVANTAGE SALES 2ND LIEN TL 3.97% 85.05 81.80
3 RADIATION THERAPY SERVICES TL B 3.43% 89.57 86.60
4 REVLON TL B 3.09% 79.20 76.83
5 US ANESTHESIA TL B 2.51% 95.59 93.25
6 IPC SYSTEMS TL B 2.20% 82.23 80.46
7 DUBOIS CHEMICAL TL 2.19% 99.44 97.31
8 LANNET TL B 1.52% 95.44 94.02
9 CVENT TL B 1.40% 98.26 96.91
10 ADVANTAGE SALES TL B 1.16% 93.50 92.42
  • Showcases the top 10 loan "winners" based on the largest bid price increases between 8/23/19 - 8/30/19
TOP 10 LOSERS
Rank Loan Chg Price Price - 1W
NPC 2ND LIEN TL -11.04% 39.89 44.84
SAVE A LOT TL B -10.72% 44.34 49.67
ACCUVANT 2ND LIEN TL -7.39% 79.32 85.65
COMMERCIAL BARGE TL B -6.26% 59.32 63.28
PEAK 10 TL -5.40% 85.65 90.54
TOWN SPORTS TL B -4.42% 87.40 91.45
FLINT GROUP 2ND LIEN EUR TL -3.86% 74.77 77.77
MALLINCKRODT TL B -3.79% 76.37 79.38
RIVERBED TL B -3.15% 82.08 84.75
10  CARROLS HOLDCO INC TL B -2.50% 96.59 99.07
  • Showcases the top 10 loan "losers" based on the largest bid price decreases between 8/23/19 - 8/30/19
 
 Avg Bid PX by Sector
  • Displays the average loan bid price by sector between 8/23/19 - 8/30/19
    • 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 8/23/19 - 8/30/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 KLOECKNER EUR TL B 17 45 28 165%
2 SIGMA BIDCO GBP TL B 8 34 26 325%
3 WITTUR EUR TL B 14 38 24 171%
4 SWISSPORT EUR TL B 2 24 22 1100%
5 INEOS FIN TL B 36 55 19 53%
6 TELENET TL A 40 58 18 45%
7 SIGMA BIDCO EUR TL B 26 44 18 69%
8 DIAVERUM EUR TL B 36 53 17 47%
9 ALBERTSONS TL B7 6 22 16 267%
10 KLOECKNER TL B 30 46 16 53%
  • Exhibits the loans with the largest increase in quote volume for the week ending 8/23/19 vs. the week ending 8/30/19
MOST QUOTED LOANS
RANK TRANCHE DEALERS
1 ENVISION HEALTHCARE TL B 14
2 BAUSCH HEALTH COMPANIES INC. TL B 13
3 MACDONALD DETTWILER TL B 11
4 SERTA SIMMONS TL 11
5 SKILLSOFT EXT TL 10
6 ROYALTY PHARMA TL B6 10
7 VERITAS TL B1 10
8 LUMILEDS DD TL 10
9 CINEWORLD TL B 10
10 PENN NATIONAL GAMING TL B 10
  • Ranks the loans that were quoted by the highest number of dealers between 8/23/19 - 8/30/19

 

 Bid and Offer Volume

  • Reveals the total number of quotes by bid and offer between 8/23/19 - 8/30/19

 

 Sector Bid Offer Spread

  • Displays the bid-offer spread by sector between 8/23/19 - 8/30/19
    • 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.