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 December 2018 versus November 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	FULLBEAUTY TL	6.22%	30.12	28.36
2	HILDING ANDERS EUR TL	2.01%	80.41	78.82
3	HORIZON GLOBAL TL B	1.85%	94.50	92.79
4	HELIX GENERATION TL B	1.35%	93.26	92.02
5	RESEARCH NOW 2ND LIEN TL	1.34%	96.52	95.52
6	TOPPS TL	1.10%	100.73	99.63
7	HC STARCK 2ND LIEN EUR TL	0.87%	103.05	102.15
8	SLV GROUP GMBH EUR TL B	0.80%	81.00	80.36
9	DORNA SPORTS TL B2	0.73%	98.70	97.99
10	COMPASS IV LTD 2ND LIEN EUR TL	0.71%	97.78	97.09

Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 12/1/18 - 12/31/18

TOP 10 LOSERS
Rank	Loan	Chg	Price	Price - 1M
1	DAVID'S BRIDAL TL B	-25.17%	52.57	70.25
2	SKILLSOFT EXT 2ND LIEN TL	-15.25%	64.14	75.68
3	ACOSTA TL B	-13.25%	59.86	69.00
4	KETER GROUP EUR TL	-12.13%	78.20	88.99
5	UNITED NATURAL FOODS TL B	-11.33%	81.02	91.38
6	PREMIERE GLOBAL TL	-10.46%	81.58	91.11
7	BUCCANEER 2ND LIEN TL	-10.09%	84.12	93.56
8	ACADEMY SPORTS TL B	-8.95%	66.33	72.84
9	INTERNET BRANDS 2ND LIEN TL	-8.39%	91.30	99.65
10	IPC SYSTEMS TL B	-7.95%	85.21	92.27

Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 12/1/18 - 12/31/18

Displays the average loan bid price by sector for the period between 12/1/18 - 12/31/18
- 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) for the period between 12/1/18 - 12/31/18

TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH
RANK	TRANCHE	PRIOR MONTH	THIS MONTH	INCREASE	% INCREASE
1	BERRY PLASTICS TL S	26	112	86	331%
2	BERRY PLASTICS TL R	26	106	80	308%
3	ARCLIN TL	12	70	58	483%
4	BERRY PLASTICS TL T	72	129	57	79%
5	SELECT MEDICAL TL B	56	108	52	93%
6	SYNCSORT TL	78	128	50	64%
7	CISION TL	114	158	44	39%
8	FEECO TL	14	58	44	314%
9	ON ASSIGNMENT EXT TL B	40	82	42	105%
10	BBB INDUSTRIES TL	23	63	40	174%

Exhibits the loans with the largest increase in quote volume for the month ending 11/30/18 vs. the month ending 12/31/18
Includes only loans outstanding

MOST QUOTED LOANS
RANK	TRANCHE	DEALERS
1	ACOSTA TL B	10
2	VERITAS TL B1	10
3	INEOS FIN TL B	10
4	FIRST DATA CORP TL B	9
5	INTELSAT TL B3	9
6	FIRST DATA CORP TL A	9
7	NEIMAN MARCUS TL B	8
8	MONITRONICS TL	8
7	UFC TL	8
10	MOHEGAN TL B	8

Ranks the loans that were quoted by the highest number of dealers for the period between 12/1/18 - 12/31/18

Bid and Offer Volume

Reveals the total number of quotes by bid and offer for the period between 12/1/18 - 12/31/18

Sector Bid Offer Spread

Displays the bid-offer spread by sector between 12/1/18 - 12/31/18
- 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 - December 2018

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