--- title: Syndicated Bank Loan Market Summary - Week Ending 4/20/18 description: Solve's Bank Loan Market Summary provides insight into trends within the overall market as well as certain sectors, ranks loan winners and losers, & more! image: https://blog.solvefixedincome.com/hubfs/Loan%20Summaries/2018-4-16/Avg%20Bid%20Px%20by%20Sector.png --- ![Contact](https://blog.solvefixedincome.com/hubfs/Solveadvisors_Dec_2016%20/Images/contact-new.jpg "Contact") - [Home](https://www.solvefixedincome.com) - [SolveQuotes](http://www.solveadvisors.com/SolveQuotes.aspx) - [Bank Loans Market Summary](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary) - [Municipal Bond Market Summary](https://blog.solveadvisors.com/municipal-bond-market-summary) - [Blog](https://blog.solveadvisors.com) - [About](http://www.solveadvisors.com/AboutUs.aspx) - [Contact](https://info.solveadvisors.com/contactus) # Solve Advisors Syndicated Bank Loan Market Summaries [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fapril-23-2018%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fapril-23-2018%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fapril-23-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fapril-23-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Syndicated%20Bank%20Loan%20Market%20Summary%20-%20Week%20Ending%204%2F20%2F18) # Syndicated Bank Loan Market Summary - Week Ending 4/20/18 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), April 23, 2018 Solve Advisor's **weekly loan newsletter** highlights trends in the Syndicated Bank Loan market. ***Want to receive Solve's Bank Loan summaries in your inbox directly?***  [![Subscribe to Solve's Market Summaries...](https://no-cache.hubspot.com/cta/default/2719542/91aa5211-0cab-4d0e-bdd3-86338376d63c.png)](https://cta-redirect.hubspot.com/cta/redirect/2719542/91aa5211-0cab-4d0e-bdd3-86338376d63c) ***Want free access to Real-Time Composite pricing and trends within the market for Syndicated Bank Loans?***  [![REQUEST A FREE TRIAL](https://no-cache.hubspot.com/cta/default/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb.png)](https://cta-redirect.hubspot.com/cta/redirect/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb) --- ## Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, April 13th - Friday, April 20th.  In the tables and charts below, you'll find: 1. [Top 10 Loan Price Winners](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-23-2018#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1** | **LDISCOVERY TL B** | **4.15%** | **95.00** | **91.21** | | **2** | **ACCUVANT 2ND LIEN TL** | **2.89%** | **95.70** | **93.01** | | **3** | **MURRAY ENERGY TL B3** | **2.15%** | **87.13** | **85.30** | | **4** | **FLINT GROUP EUR TL B** | **2.02%** | **96.06** | **94.16** | | **5** | **SHERIDAN PRODUCTION PARTNERS II TL B** | **1.66%** | **87.00** | **85.58** | | **6** | **EDDIE BAUER TL B** | **1.48%** | **71.04** | **70.01** | | **7** | **KLOECKNER EUR TL B** | **1.37%** | **94.87** | **93.59** | | **8** | **P.F. CHANG'S TL** | **1.16%** | **98.11** | **96.99** | | **9** | **CROSBY 2ND LIEN TL** | **1.13%** | **98.16** | **97.06** | | **10** | **PGS TL B** | **1.11%** | **96.71** | **95.64** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 4/13/18 - 4/20/18 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1** | **ULTRA PETROL CORP EXIT TL** | **-2.56%** | **95.09** | **97.59** | | **2** | **HARVEY GULF TL A** | **-2.32%** | **37.62** | **38.51** | | **3** | **FULLBEAUTY TL** | **-1.20%** | **55.11** | **55.78** | | **4** | **INNOCOR 2ND LIEN TL** | **-0.90%** | **92.66** | **93.50** | | **5** | **MCGRAW-HILL GLOBAL TL** | **-0.88%** | **97.47** | **98.34** | | **6** | **AMERICAN TIRE TL B** | **-0.64%** | **99.89** | **100.54** | | **7** | **FORT DEARBORN TL** | **-0.62%** | **98.26** | **98.88** | | **8** | **APLEONA GMBH EUR TL B2** | **-0.62%** | **100.00** | **100.63** | | **9** | **NBTY TL** | **-0.59%** | **91.39** | **91.94** | | **10** | **BCP RENAISSANCE TL B** | **-0.56%** | **100.13** | **100.69** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 4/13/18 - 4/20/18    ![Average Bid PX by Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Average%20Bid%20PX%20by%20Sector.png?width=639&height=391&name=Average%20Bid%20PX%20by%20Sector.png)   - Displays the average loan bid price by sector for the period between 4/13/18 - 4/20/18 - Results are based on 5 select industry sectors, however, we offer data across 36 sectors    ![Sentiment](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2018-4-23/Sentiment.png?width=640&name=Sentiment.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 4/13/18 - 4/20/18   | **TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR WEEK** | **THIS WEEK** | **INCREASE** | **% INCREASE** | | **1** | **GVC HOLDINGS GBP TL B2** | **4** | **28** | **24** | **600%** | | **2** | **GVC HOLDINGS EUR TL B2** | **6** | **29** | **23** | **383%** | | **3** | **MICHAELS STORES TL B** | **21** | **40** | **19** | **90%** | | **4** | **SBA COMMUNICATIONS CORP TL B** | **24** | **42** | **18** | **75%** | | **5** | **GVC HOLDINGS TL B** | **22** | **39** | **17** | **77%** | | **6** | **BJ'S TL B** | **53** | **69** | **16** | **30%** | | **7** | **MONITRONICS TL** | **25** | **41** | **16** | **64%** | | **8** | **HUSKY INJECTION MOLDING TL B** | **42** | **58** | **16** | **38%** | | **9** | **MALLINCKRODT TL B** | **29** | **44** | **15** | **52%** | | **10** | **MICRO FOCUS TL B2** | **20** | **34** | **14** | **70%** | - Exhibits the loans with the largest increase in quote volume for the week ending 4/13/18 vs. the week ending 4/20/18   | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **DELL TL B** | **9** | | **2** | **REYNOLDS GROUP TL B** | **9** | | **3** | **GARDNER DENVER TL B** | **9** | | **4** | **CARESTREAM HEALTH TL** | **8** | | **5** | **SBA COMMUNICATIONS CORP TL B1** | **8** | | **6** | **INFOR TL B** | **8** | | **7** | **NTL CABLE PLC TL K** | **8** | | **8** | **AUDATEX NORTH AMER INC TL B** | **8** | | **9** | **TRANSDIGM INC TL F** | **8** | | **10** | **AXALTA COATING SYSTEMS TL B2** | **8** | - Ranks the loans that were quoted by the highest number of dealers for the period between 4/13/18 - 4/20/18   ![Bid and Offer Volume-1](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2018-4-23/Bid%20and%20Offer%20Volume-1.png?width=640&name=Bid%20and%20Offer%20Volume-1.png) - Reveals the total number of quotes by bid and offer for the period between 4/13/18 - 4/20/18   ![Sector Bid Offer Spread-1](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2018-4-23/Sector%20Bid%20Offer%20Spread-1.png?width=640&name=Sector%20Bid%20Offer%20Spread-1.png) - Displays the bid-offer spread by sector between 4/13/18 - 4/20/18 - 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?***  [![REQUEST A FREE TRIAL](https://no-cache.hubspot.com/cta/default/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb.png)](https://cta-redirect.hubspot.com/cta/redirect/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb) ***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](mailto:info@solveadvisors.com) or 646-699-5041.***   - [Home](http://www.solveadvisors.com/Default.aspx) - [About Solve](http://www.solveadvisors.com/AboutUs.aspx) - 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