Syndicated Bank Loan Market Summary

Solve Advisor's weekly loan newsletter highlights trends in the Syndicated Bank Loan market.

Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, June 16th - Friday, June 23rd. 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)

If you would like to evaluate our real-time composite pricing and the SolveQuotes platform:

TOP 10 WINNERS
Rank	Loan	Chg	Price	Price - 1W
1	PARADIGM 2ND LIEN TL	13.70%	74.42	65.45
2	PARADIGM TL B	6.82%	85.60	80.13
3	SYNCHRONOSS TECHNOLOGIES TL	4.43%	97.11	92.99
4	CROSBY 2ND LIEN TL	2.77%	82.00	79.79
5	LIGHTSQUARED EXIT 2ND LIEN TL	2.57%	70.98	69.20
6	GNC TL B	2.41%	92.34	90.17
7	THT HEAT TRANSFER TL B	1.88%	87.98	86.36
8	ENDEMOL TL	1.56%	91.39	89.99
9	TENSAR TL	1.38%	92.64	91.38
10	EVERGREEN ACQCO 1 LP TL C	1.36%	91.33	90.10

Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/16/17 - 6/23/17

TOP 10 LOSERS
Rank	Loan	Chg	Price	Price - 1W
1	GYMBOREE TL B	-18.14%	35.69	43.59
2	CATALINA MARKETING TL B	-9.17%	82.48	90.80
3	SEADRILL PARTNERS LLC EXT TL B	-5.53%	62.13	65.76
4	LANDS END TL B	-4.57%	80.34	84.19
5	STENA TL B	-4.44%	86.36	90.37
6	ACADEMY SPORTS TL B	-4.00%	78.84	82.13
7	BJ'S 2ND LIEN TL	-3.00%	96.98	99.99
8	PETSMART TL B	-2.46%	90.62	92.91
9	DAVID'S BRIDAL TL B	-2.38%	76.05	77.90
10	NEIMAN MARCUS TL B	-2.22%	75.32	77.03

Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/16/17 - 6/23/17

Displays the average loan bid price by sector for the period between 6/16/17 - 6/23/17
- 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 6/16/17 - 6/23/17

TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK	TRANCHE	PRIOR WEEK	THIS WEEK	INCREASE	% INCREASE
1	AXALTA COATING SYSTEMS TL	36	88	52	144%
2	DELL TL B	77	117	40	52%
3	SEAWORLD TL B5	56	92	36	64%
4	SYNCHRONOSS TECHNOLOGIES TL	29	59	30	103%
5	TRONOX PIGMENTS TL B	60	90	30	50%
6	BRAND ENERGY TL B	38	68	30	79%
7	AMERICAN AIRLINES TL B	47	77	30	64%
8	HARGRY TL	27	56	29	107%
9	FEDERAL-MOGUL TL C	31	59	28	90%
10	FORMULA ONE TL B	80	107	27	34%

Exhibits the loans with the largest increase in quote volume for the week ending 6/16/17 vs. the week ending 6/23/17

MOST QUOTED LOANS
RANK	TRANCHE	DEALERS
1	ELLUCIAN / SOPHIA TL B	10
2	DELL TL B	10
3	COMMUNITY HEALTH TL H	9
4	INFORMATICA TL B	9
5	GRIFOLS WORLDWIDE TL B	9
6	INFOR TL B	9
7	INEOS FIN TL B	9
8	FORMULA ONE TL B	9
9	AXALTA COATING SYSTEMS TL	9
10	COMMUNITY HEALTH TL G	9

Ranks the loans that were quoted by the highest number of dealers for the period between 6/16/17 - 6/23/17

Bid Offer Volume.png

Reveals the total number of quotes by bid and offer for the period between 6/16/17 - 6/23/17

Sector Bid Offer Spread.png

Displays the bid-offer spread by sector between 6/16/17 - 6/23/17
- 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:

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

Syndicated Bank Loan Market Summary - Week Ending 6/23/17

Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, June 16th - Friday, June 23rd. In the tables and charts below, you'll find: