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 August 2018 versus July 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	CPI CARD GROUP TL B	11.81%	65.97	59.00
2	BELK TL B	10.25%	87.03	78.94
3	AMERICAN TIRE TL B	6.33%	75.70	71.20
4	EDDIE BAUER TL B	5.74%	89.74	84.87
5	JCREW TL B	5.60%	89.81	85.04
6	NBTY 2ND LIEN TL	5.55%	89.45	84.75
7	NEIMAN MARCUS TL B	5.45%	92.92	88.12
8	KLOECKNER EUR TL B	2.67%	94.97	92.50
9	FLOATEL TL B	2.56%	89.23	87.00
10	UNILABS EUR TL B	2.53%	99.70	97.24

Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 8/1/18 - 8/31/18

TOP 10 LOSERS
Rank	Loan	Chg	Price	Price - 1M
1	RENTPATH 2ND LIEN TL	-28.17%	59.02	82.17
2	FULLBEAUTY TL	-23.14%	29.51	38.40
3	LANNETT CO INC TL B	-16.91%	81.49	98.06
4	DIEBOLD TL B	-15.72%	84.09	99.76
5	DUEMMEN ORANGE EUR TL	-11.27%	80.79	91.05
6	JC PENNEY TL B	-5.52%	91.18	96.50
7	HELIX GENERATION TL B	-5.46%	95.20	100.70
8	CHOBANI TL B	-4.91%	94.88	99.78
9	KCA DEUTAG TL B	-3.95%	95.50	99.43
10	HUSKY INJECTION MOLDING TL B	-3.75%	94.56	98.25

Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 8/1/18 - 8/31/18

Displays the average loan bid price by sector for the period between 8/1/18 - 8/31/18
- 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 8/1/18 - 8/31/18

TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH
RANK	TRANCHE	PRIOR MONTH	THIS MONTH	INCREASE	% INCREASE
1	STARS GROUP TL B	123	228	105	85%
2	BMC SOFTWARE EUR TL B	42	138	96	229%
3	ASURION 2ND LIEN TL	52	138	86	165%
4	ATOTECH TL B1	4	88	84	2100%
5	CHG HEALTHCARE TL B	38	118	80	211%
6	UBER TECHNOLOGIES TL B	42	120	78	186%
7	FORTRESS TL B	6	81	75	1250%
8	ACADIA HEALTHCARE TL B4	67	141	74	110%
9	VISTRA ENERGY TL B3	179	248	69	39%
10	QUIKRETE TL B	243	311	68	28%

Exhibits the loans with the largest increase in quote volume for the month ending 7/31/18 vs. the month ending 8/31/18
Includes only loans outstanding

MOST QUOTED LOANS
RANK	TRANCHE	DEALERS
1	NUMERICABLE TL B11	8
2	NUMERICABLE TL B12	8
3	TELENET TL A	8
4	PETSMART TL B	8
5	NTL CABLE PLC TL K	8
6	ALLISON TRANSMISSION TL B	8
7	ACADEMY SPORTS TL B	7
8	SERTA SIMMONS 2ND LIEN TL	7
7	QUIKRETE TL B	7
10	DELL TL B	7

Ranks the loans that were quoted by the highest number of dealers for the period between 8/1/18 - 8/31/18

Bid and Offer Volume-2

Reveals the total number of quotes by bid and offer for the period between 8/1/18 - 8/31/18

Sector Bid Offer Spread-5

Displays the bid-offer spread by sector between 8/1/18 - 8/31/18
- 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 - August 2018

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