Our monthly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a monthly period.
- 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 | CALIFORNIA RESOURCES TL | 27.12% | 74.07 | 58.27 |
| 2 | LUMILEDS TL B | 24.36% | 58.35 | 46.92 |
| 3 | SEADRILL PARTNERS LLC EXT TL B | 24.18% | 49.64 | 39.97 |
| 4 | AMNEAL PHARMACEUTIAL TL B | 16.95% | 89.76 | 76.75 |
| 5 | PANDA HUMMEL TL B1 | 16.23% | 88.33 | 76.00 |
| 6 | SGB-SMIT EUR TL B | 14.58% | 57.86 | 50.50 |
| 7 | DONCASTERS EXT TL B | 14.06% | 78.74 | 69.04 |
| 8 | TEAM HEALTH TL | 13.05% | 80.04 | 70.79 |
| 9 | SERTA SIMMONS TL | 12.46% | 64.65 | 57.49 |
| 10 | NEIMAN MARCUS TL | 11.33% | 81.92 | 73.58 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 12/1/19 - 12/31/19
| TOP 10 LOSERS | ||||
| Rank | Loan | Chg | Price | Price - 1M |
| 1 | SOUTHCROSS PROPCO TL B | -51.89% | 30.29 | 62.95 |
| 2 | 4L TECHNOLOGIES INC. TL B | -42.33% | 30.53 | 52.94 |
| 3 | FUSION CONNECT TL B | -21.63% | 40.36 | 51.50 |
| 4 | IMAGINE! TL | -21.37% | 33.98 | 43.22 |
| 5 | AMERICAN ADDICTION TL | -18.22% | 69.50 | 84.98 |
| 6 | MURRAY ENERGY TL B2 | -17.60% | 20.07 | 24.36 |
| 7 | IQOR 2ND LIEN TL | -16.07% | 61.20 | 72.92 |
| 8 | TMF GROUP HOLDING BV 2ND LIEN EUR TL | -14.75% | 69.65 | 81.70 |
| 9 | PEAK 10 2ND LIEN TL | -11.78% | 61.34 | 69.53 |
| 10 | MEMORA EUR TL B1 | -9.92% | 84.00 | 93.25 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 12/1/19 - 12/31/19
- Displays the average loan bid price by sector for the period between 12/1/19 - 12/31/19
- 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 12/1/19 - 12/31/19
| TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH | |||||
| RANK | TRANCHE |
PRIOR MONTH |
THIS MONTH |
INCREASE | % INCREASE |
| 1 | TRANSUNION TL B5 | 70 | 193 | 123 | 176% |
| 2 | ASURION 2ND LIEN TL | 34 | 120 | 86 | 253% |
| 3 | GRIFOLS WORLDWIDE TL B | 68 | 153 | 85 | 125% |
| 4 | SS&C TECH TL B5 | 143 | 208 | 65 | 45% |
| 5 | AMERICAN AIRLINES TL B | 163 | 223 | 60 | 37% |
| 6 | STATION CASINO TL B | 163 | 221 | 58 | 36% |
| 7 | CINEWORLD EXT TL B | 87 | 144 | 57 | 66% |
| 8 | ANCESTRY.COM TL B | 28 | 83 | 55 | 196% |
| 9 | ADVANTAGE SALES TL B2 | 83 | 137 | 54 | 65% |
| 10 | EG GROUP TL B | 66 | 120 | 54 | 82% |
- Exhibits the loans with the largest increase in quote volume for the month ending 11/30/19 vs. the month ending 12/31/19
- Includes only loans outstanding
| MOST QUOTED LOANS | ||
| RANK | TRANCHE | DEALERS |
| 1 | VERISURE MIDHOLDING AB EUR TL B | 13 |
| 2 | NORD ANGLIA EDUCATION FINANC EUR TL B | 13 |
| 3 | ASCENA RETAIL TL B | 12 |
| 4 | SOLERA TL B | 12 |
| 5 | FINANCIAL & RISK US HOLDINGS INC EUR TL B | 12 |
| 6 | NOVAFR EUR TL B | 11 |
| 7 | NTL CABLE PLC GBP TL L | 11 |
| 8 | OGF(POMPES FUNEBRES GENERALE) EUR TL B | 11 |
| 7 | CASINO GUICHARD EUR TL B | 11 |
| 10 | NPC TL | 11 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 12/1/19 - 12/31/19
- Reveals the total number of quotes by bid and offer for the period between 12/1/19 - 12/31/19
- Displays the bid-offer spread by sector between 12/1/19 - 12/31/19
- 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?
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.
