--- title: Syndicated Bank Loan Market Summary - Week Ending 4/3/20 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/2020-3-30/Avg%20Bid%20PX%20by%20Sector%20-%203.30.20.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-6-2020%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-6-2020%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-6-2020%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fapril-6-2020%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Syndicated%20Bank%20Loan%20Market%20Summary%20-%20Week%20Ending%204%2F3%2F20) # Syndicated Bank Loan Market Summary - Week Ending 4/3/20 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), April 06, 2020 [![Subscribe to Solve's Market Summaries](https://no-cache.hubspot.com/cta/default/2719542/db52b071-04fd-4db9-b696-ac5c3108d3fa.png)](https://cta-redirect.hubspot.com/cta/redirect/2719542/db52b071-04fd-4db9-b696-ac5c3108d3fa) [![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) --- ## Our weekly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a weekly period. 1. [Top 20 Largest Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#LargestLoans) 2. [Top 10 Loan Price Winners](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#winners) 3. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#Top10Losers) 4. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#AvBidPX) (By industry sector) 5. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#Sentiment) 6. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#Movers) 7. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#MostQuoted) 8. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#BidOfferVolume) 9. [Bid Offer Spread](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/april-6-2020#Spread) (By industry sector)   | **LARGEST LOANS** | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | **Rank** | **Size (MM)** | **Name** | **Chg** | **Price** | **Price - 1W** | ** Dealers** | | **1** | **6,451** | **REFINITV TL B** | **2.91%** | **95.26** | **92.57** | **10** | | **2** | **5,450** | **ENVISION HEALTHCARE TL B** | **-23.15%** | **49.55** | **64.48** | **19** | | **3** | **4,750** | **DELL TL B** | **1.71%** | **94.75** | **93.15** | **15** | | **4** | **4,700** | **CAESARS RESORT COLLECTION TL** | **4.62%** | **82.73** | **78.79** | **13** | | **5** | **4,565** | **BAUSCH HEALTH COMPANIES INC. TL B** | **0.49%** | **94.01** | **93.54** | **11** | | **6** | **4,250** | **BERRY PLASTICS TL Y** | **5.24%** | **94.80** | **90.08** | **13** | | **7** | **4,197** | **AKZONOBEL TL B** | **3.00%** | **87.90** | **85.34** | **12** | | **8** | **3,861** | **PETSMART CONSENTED TL B2** | **1.30%** | **95.15** | **93.93** | **13** | | **9** | **3,582** | **MISYS TL B** | **3.42%** | **81.53** | **78.84** | **14** | | **10** | **3,575** | **STARS GROUP TL B** | **5.99%** | **94.45** | **89.11** | **11** | | **11** | **3,415** | **ENDO HEALTH TL B** | **-0.31%** | **87.00** | **87.27** | **12** | | **12** | **3,325** | **CINEWORLD TL B** | **5.29%** | **64.77** | **61.51** | **18** | | **13** | **3,300** | **BMC SOFTWARE TL B** | **-0.39%** | **81.37** | **81.68** | **16** | | **14** | **3,300** | **NTL CABLE PLC TL N** | **4.74%** | **93.00** | **88.79** | **13** | | **15** | **3,275** | **SCIENTIFIC GAMES TL B5** | **-0.57%** | **77.70** | **78.14** | **13** | | **16** | **3,210** | **HUB INTL LTD TL B** | **8.39%** | **91.63** | **84.54** | **11** | | **17** | **3,165** | **MULTIPLAN TL B** | **0.61%** | **87.28** | **86.75** | **14** | | **18** | **3,161** | **JAGUAR HOLDING CO I TL** | **1.85%** | **95.29** | **93.56** | **14** | | **19** | **3,110** | **PROTECTION1 TL B** | **4.99%** | **90.19** | **85.91** | **11** | | **20** | **2,918** | **AVAYA TL B** | **6.06%** | **83.10** | **78.35** | **10** | | **AVERAGE** | **3,878** |   | **1.81%** | **86.06** | **84.32** | **13.2** | - Highlights the weekly price movements and quote depth for the 20 largest bank loans | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1** | **SECURUS TL** | **23.35%** | **75.26** | **61.01** | | **2** | **PANDA HUMMEL TL B1** | **21.13%** | **77.67** | **64.12** | | **3** | **SPRINGS WINDOW TL** | **18.48%** | **85.42** | **72.10** | | **4** | **THE HUT GROUP GBP TL B** | **16.08%** | **91.20** | **78.57** | | **5** | **BLACKSTONE CQP TL B** | **16.06%** | **80.72** | **69.55** | | **6** | **BOYD GAMING TL B** | **16.02%** | **88.13** | **75.96** | | **7** | **UNIVAR TL B5** | **15.80%** | **94.30** | **81.43** | | **8** | **IFCO TL** | **15.67%** | **92.53** | **80.00** | | **9** | **LINEAGE LOGISTICS TL B** | **15.52%** | **92.98** | **80.49** | | **10** | **GATES GLOBAL EUR TL B2** | **14.68%** | **84.15** | **73.37** | - Showcases the top 10 loan "winners" based on the largest bid price increases between 3/27/20 - 4/3/20 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1 ** | **PURESTAR TL** | **-43.89%** | **40.35** | **71.92** | | **2** | **CALIFORNIA PIZZA 2ND LIEN TL** | **-43.85%** | **20.25** | **36.07** | | **3 ** | **DELL SOFTWARE GROUP 2ND LIEN TL** | **-34.68%** | **55.75** | **85.34** | | **4 ** | **JASON INC 2ND LIEN TL** | **-33.37%** | **30.00** | **45.03** | | **5 ** | **SPEEDCAST TL B** | **-32.90%** | **31.48** | **46.91** | | **6 ** | **FIELDWOOD ENERGY TL** | **-31.36%** | **30.79** | **44.85** | | **7 ** | **CHUCK E CHEESE TL B** | **-31.01%** | **49.02** | **71.05** | | **8 ** | **CIRQUE DE SOLEIL 2ND LIEN TL** | **-30.39%** | **39.56** | **56.84** | | **9 ** | **ENVISION HEALTHCARE TL B** | **-23.15%** | **49.55** | **64.48** | | **10 ** | **AMERICAN ENERGY MARCELLUS EXIT TL** | **-20.32%** | **68.64** | **86.14** | - Showcases the top 10 loan "losers" based on the largest bid price decreases between 3/27/20 - 4/3/20    ![Avg Bid PX by Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2020-4-6/Avg%20Bid%20PX%20by%20Sector%20-%204.6.20.png?width=634&name=Avg%20Bid%20PX%20by%20Sector%20-%204.6.20.png) - Displays the average loan bid price by sector between 3/27/20 - 4/3/20 - Results are based on 5 select industry sectors, however, we offer data across 36 sectors    ![Market Sentiment - Advancers vs. Decliners](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2020-4-6/Sentiment%20-%204.6.20.png?width=622&name=Sentiment%20-%204.6.20.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* between 3/27/20 - 4/3/20 | **TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR WEEK** | **THIS WEEK** | **INCREASE** | **% INCREASE** | | **1** | **ASPECT SOFTWARE TL** | **6** | **24** | **18** | **300%** | | **2** | **SAVAGE ENTERPRISES TL B** | **12** | **30** | **18** | **150%** | | **3** | **AVAST SOFTWARE TL** | **34** | **48** | **14** | **41%** | | **4** | **AMERICAN TOWER TL A** | **0** | **14** | **14** | **N/A** | | **5** | **ANCHOR GLASS TL B** | **10** | **24** | **14** | **140%** | | **6** | **HERTZ TL** | **40** | **54** | **14** | **35%** | | **7** | **HOSTESS BRANDS TL** | **24** | **37** | **13** | **54%** | | **8** | **GNC EXT TL B** | **6** | **18** | **12** | **200%** | | **9** | **STEAK N SHAKE TL** | **4** | **16** | **12** | **300%** | | **10** | **TIPICO EUR TL B** | **8** | **20** | **12** | **150%** | - Exhibits the loans with the largest increase in quote volume for the week ending 3/27/20 vs. the week ending 4/3/20 | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **AMERICAN AIRLINES TL B** | **21** | | **2** | **ENVISION HEALTHCARE TL B** | **19** | | **3** | **TRANSDIGM INC. TL F** | **19** | | **4** | **CINEWORLD TL B** | **18** | | **5** | **VERISURE EUR TL B1** | **18** | | **6** | **PARTY CITY TL B** | **18** | | **7** | **TECHEM EUR TL B** | **18** | | **8** | **AMC ENTERTAINMENT TL B1** | **18** | | **9** | **ACTION NEDERLAND EUR TL B** | **18** | | **10** | **GTT COMMUNICATIONS TL B** | **17** | - Ranks the loans that were quoted by the highest number of dealers between 3/27/20 - 4/3/20    ![Bid and Offer Volume](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2020-4-6/Bid%20and%20Offer%20Volume%20-%204.6.20.png?width=607&name=Bid%20and%20Offer%20Volume%20-%204.6.20.png) - Reveals the total number of quotes by bid and offer between 3/27/20 - 4/3/20    ![Sector Bid Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2020-4-6/Sector%20Bid%20Offer%20Spread%20-%204.6.20.png?width=612&name=Sector%20Bid%20Offer%20Spread%20-%204.6.20.png) - Displays the bid-offer spread by sector between 3/27/20 - 4/3/20 - 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 +1 646-699-5041.***   - [Home](http://www.solveadvisors.com/Default.aspx) - [About Solve](http://www.solveadvisors.com/AboutUs.aspx) - [Management Team](http://www.solveadvisors.com/MeetOurTeam.aspx) - [In the Press](http://www.solveadvisors.com/InThePress.aspx) - [Blog](https://blog.solveadvisors.com) - [Contact Us](https://info.solveadvisors.com/contactus) Copyright © 2011-2021 Solve Advisors Inc. 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