Solve Advisor's weekly 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 period between Friday, April 5th - Friday, April 12th. 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 - 1W |
| 1 |
JCREW TL B |
12.81% |
80.32 |
71.20 |
| 2 |
BEACON HEALTH TL |
5.28% |
88.97 |
84.51 |
| 3 |
CPI CARD GROUP TL B |
3.12% |
68.96 |
66.87 |
| 4 |
US LBM TL |
2.86% |
99.73 |
96.96 |
| 5 |
ENERGYSOLUTIONS TL B |
2.56% |
91.79 |
89.50 |
| 6 |
AKORN TL B |
2.56% |
91.79 |
89.50 |
| 7 |
PETCO TL B |
2.05% |
79.21 |
77.62 |
| 8 |
ACCURIDE TL B |
1.93% |
86.24 |
84.61 |
| 9 |
CHUCK E CHEESE TL B |
1.90% |
98.97 |
97.12 |
| 10 |
MCGRAW-HILL GLOBAL TL |
1.88% |
94.97 |
93.22 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 4/5/19 - 4/12/19
| TOP 10 LOSERS |
| Rank |
Loan |
Chg |
Price |
Price - 1W |
| 1 |
SHERIDAN PRODUCTION PARTNERS I TL B2 |
-8.31% |
76.28 |
83.20 |
| 2 |
RENTPATH 2ND LIEN TL |
-6.72% |
27.94 |
29.95 |
| 3 |
ISAGENIX TL |
-6.25% |
79.70 |
85.02 |
| 4 |
DITECH EXIT TL B |
-4.10% |
65.13 |
67.92 |
| 5 |
SONICWALL 2ND LIEN TL |
-1.96% |
93.23 |
95.10 |
| 6 |
ALVOGEN TL B |
-1.82% |
95.18 |
96.94 |
| 7 |
STAPLES TL |
-1.70% |
97.83 |
99.52 |
| 8 |
SYNCREON GROUP BV TL B |
-1.36% |
63.44 |
64.31 |
| 9 |
FORESIGHT ENERGY TL |
-1.34% |
96.07 |
97.37 |
| 10 |
NPC 2ND LIEN TL |
-1.23% |
80.00 |
81.00 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 4/5/19 - 4/12/19
- Displays the average loan bid price by sector for the period between 4/5/19 - 4/12/19
- 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 4/5/19 - 4/12/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
CEVA SANTE ANIMALE EUR TL B |
23 |
69 |
46 |
200% |
| 2 |
MKS INSTRUMENTS TL B4 |
5 |
27 |
22 |
440% |
| 3 |
MITCHELL TL B |
42 |
60 |
18 |
43% |
| 4 |
INFORMATICA TL B |
58 |
76 |
18 |
31% |
| 5 |
ION TRADING TL B |
38 |
56 |
18 |
47% |
| 6 |
DEL MONTE TL |
26 |
42 |
16 |
62% |
| 7 |
JASON INC TL |
19 |
33 |
14 |
74% |
| 8 |
JCREW TL B |
14 |
28 |
14 |
100% |
| 9 |
KRONOS TL B |
58 |
72 |
14 |
24% |
| 10 |
SOLERA TL B |
54 |
68 |
14 |
26% |
- Exhibits the loans with the largest increase in quote volume for the week ending 4/5/19 vs. the week ending 4/12/19
| MOST QUOTED LOANS |
| RANK |
TRANCHE |
DEALERS |
| 1 |
STAPLES TL |
14 |
| 2 |
CEVA SANTE ANIMALE EUR TL B |
13 |
| 3 |
MONITRONICS TL |
11 |
| 4 |
MCDERMOTT TL B |
11 |
| 5 |
CALPINE CORP TL B7 |
10 |
| 6 |
BMC SOFTWARE TL B |
10 |
| 7 |
POWER SOLUTIONS EUR TL B |
10 |
| 8 |
HARLAND CLARKE TL B7 |
10 |
| 9 |
ALTICE FINANCING TL B |
9 |
| 10 |
WEST CORP TL B |
9 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 4/5/19 - 4/12/19
- Reveals the total number of quotes by bid and offer for the period between 4/5/19 - 4/12/19
- Displays the bid-offer spread by sector between 4/5/19 - 4/12/19
- 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 646-699-5041.