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?
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, July 26th - Friday, August 2nd. 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 |
SMS SYSTEMS TL |
9.42% |
76.94 |
70.31 |
2 |
STEINHOFF INTERNATIONAL TL B1 |
3.88% |
86.22 |
83.00 |
3 |
SERTA SIMMONS 2ND LIEN TL |
3.31% |
45.55 |
44.09 |
4 |
FORESIGHT ENERGY TL |
2.47% |
72.01 |
70.27 |
5 |
ALTICE FINANCING TL B |
2.25% |
96.44 |
94.32 |
6 |
OBERTHUR TECHNOLOGIES SA EUR TL B1 |
1.79% |
97.26 |
95.55 |
7 |
VF HOLDINGS CORP 2ND LIEN TL |
1.75% |
99.62 |
97.90 |
8 |
GAVILAN RESOURCES 2ND LIEN TL |
1.47% |
44.98 |
44.33 |
9 |
DIEBOLD EUR TL B |
1.45% |
95.15 |
93.76 |
10 |
FINANCIAL & RISK US HOLDINGS INC TL B |
1.42% |
100.47 |
99.06 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 7/26/19 - 8/2/19
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
HARLAND CLARKE TL B7 |
-9.26% |
74.99 |
82.63 |
2 |
DONCASTERS GBP TL C |
-5.64% |
74.42 |
78.86 |
3 |
MCDERMOTT TL B |
-5.38% |
94.52 |
99.90 |
4 |
CHEMOURS EUR TL B |
-3.39% |
96.39 |
99.78 |
5 |
LUMILEDS DD TL |
-3.28% |
64.76 |
66.96 |
6 |
REVLON TL B |
-3.04% |
80.85 |
83.39 |
7 |
KCA DEUTAG TL B |
-2.74% |
69.91 |
71.88 |
8 |
ACADEMY SPORTS TL B |
-2.42% |
68.41 |
70.10 |
9 |
MITEL NETWORKS 2ND LIEN TL |
-2.26% |
84.94 |
86.91 |
10 |
NEIMAN MARCUS PIK TL |
-2.04% |
84.37 |
86.12 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 7/26/19 - 8/2/19
- Displays the average loan bid price by sector for the period between 7/26/19 - 8/2/19
- 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 7/26/19 - 8/2/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
1 |
INEOS FIN TL B |
30 |
83 |
53 |
177% |
2 |
BWAY HOLDING TL B |
44 |
65 |
21 |
48% |
3 |
TECHNICOLOR EUR TL B |
14 |
34 |
20 |
143% |
4 |
OXEA EUR TL B1 |
54 |
73 |
19 |
35% |
5 |
YRC WORLDWIDE INC TL B |
40 |
58 |
18 |
45% |
6 |
LSC COMMUNICATIONS TL B |
2 |
19 |
17 |
850% |
7 |
FLEETCOR TECHNOLOGIES TL |
12 |
29 |
17 |
142% |
8 |
FLEETCOR TECHNOLOGIES TL A |
2 |
19 |
17 |
850% |
9 |
COTY EUR TL B |
42 |
59 |
17 |
40% |
10 |
ARDAGH TL |
5 |
21 |
16 |
320% |
- Exhibits the loans with the largest increase in quote volume for the week ending 7/26/19 vs. the week ending 8/2/19
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
FIRST DATA CORP TL B - 2024 |
14 |
2 |
MACDONALD DETTWILER TL B |
12 |
3 |
BLITZ F18675 GMBH EUR TL B1 |
12 |
4 |
LAS VEGAS SANDS TL B |
11 |
5 |
UNITY MEDIA GMBH TL E |
11 |
6 |
COMMERCIAL BARGE TL B |
11 |
7 |
FORESIGHT ENERGY TL |
11 |
8 |
UNITY MEDIA GMBH TL B |
11 |
9 |
ARDAGH TL |
11 |
10 |
FIRST DATA CORP TL B - 2022 |
10 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 7/26/19 - 8/2/19
- Reveals the total number of quotes by bid and offer for the period between 7/26/19 - 8/2/19
- Displays the bid-offer spread by sector between 7/26/19 - 8/2/19
- 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.