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 May 2018 versus April 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	COMMERCIAL BARGE TL	16.80%	67.94	58.17
2	TENSAR 2ND LIEN TL	12.37%	91.89	81.77
3	JCREW TL B	11.65%	82.98	74.33
4	HARVEY GULF TL A	9.89%	41.38	37.66
5	CATALINA MARKETING TL B	9.64%	68.07	62.08
6	AENOVA 2ND LIEN EUR TL	9.08%	90.52	82.98
7	MURRAY ENERGY TL B2	5.34%	93.04	88.32
8	LONGVIEW POWER EXIT TL B	4.93%	87.50	83.38
9	SOLENIS 2ND LIEN TL	3.89%	98.72	95.02
10	CTI FOODS 2ND LIEN TL	2.12%	75.57	74.00

Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 5/1/18 - 5/31/18

TOP 10 LOSERS
Rank	Loan	Chg	Price	Price - 1M
1	PHILLIPS PET TL	-12.42%	55.14	62.96
2	BLACKHAWK MINING TL B1	-9.30%	77.41	85.34
3	BELK TL B	-8.97%	77.27	84.88
4	SMS SYSTEMS TL	-5.77%	80.57	85.50
5	GULF FINANCE TL B	-4.96%	85.61	90.08
6	SERTA SIMMONS 2ND LIEN TL	-4.54%	75.76	79.37
7	VERITAS TL B1	-4.20%	94.70	98.85
8	BIOCLINICA TL	-4.14%	93.46	97.50
9	SLV GROUP GMBH EUR TL B	-3.59%	93.69	97.18
10	JC PENNEY TL B	-3.12%	94.16	97.19

Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 5/1/18 - 5/31/18

Displays the average loan bid price by sector for the period between 5/1/18 - 5/31/18
- 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 5/1/18 - 5/31/18

TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH
RANK	TRANCHE	PRIOR MONTH	THIS MONTH	INCREASE	% INCREASE
1	BMC SOFTWARE TL B1	2	308	306	15300%
2	CHEMOURS TL B	49	178	129	263%
3	JAGUAR HOLDING CO I TL	138	249	111	80%
4	EG GROUP GBP TL B	137	246	109	80%
5	COTY TL B	86	182	96	112%
6	PRESTIGE BRANDS TL B	67	162	95	142%
7	DUEMMEN ORANGE EUR TL	62	154	92	148%
8	SHUTTERFLY TL B	46	135	89	193%
9	AMERICAN TIRE TL B	110	197	87	79%
10	EG GROUP EUR TL B	98	180	82	84%

Exhibits the loans with the largest increase in quote volume for the month ending 4/30/18 vs. the month ending 5/31/18
Includes only loans outstanding

MOST QUOTED LOANS
RANK	TRANCHE	DEALERS
1	DELL TL B	10
2	GARDNER DENVER TL B	9
3	BMC SOFTWARE TL B1	9
4	WARNER MUSIC TL B	9
5	ALLISON TRANSMISSION TL B	9
6	COMMERCIAL BARGE TL	8
7	BLACKBOARD TL B4	8
8	INFOR TL B	8
9	MISYS TL B	8
10	APPLIED SYSTEMS TL B	8

Ranks the loans that were quoted by the highest number of dealers for the period between 5/1/18 - 5/31/18

Bid and Offer Volume

Reveals the total number of quotes by bid and offer for the period between 5/1/18 - 5/31/18

Sector Bid Offer Spread

Displays the bid-offer spread by sector between 5/1/18 - 5/31/18
- 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 - May 2018

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