--- title: Syndicated Bank Loan Market Summary - Week Ending 8/2/19 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! --- [Solve Advisors Syndicated Bank Loan Market Summaries](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary) # [Syndicated Bank Loan Market Summary - Week Ending 8/2/19](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/august-5-2019) Written by [Michael Pellerito](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/author/michael-pellerito) | Aug 5, 2019 2:23:23 PM 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: 1. [Top 10 Loan Price Winners](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#winners) 2. [Top 10 Loan Price Losers](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#Top10Losers) 3. [Average Bid Price](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#Sentiment) 5. [Top Quote Volume Movers](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#Movers) 6. [Most Quoted Loans](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#MostQuoted) 7. [Bid and Offer Volume](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#BidOfferVolume) 8. [Bid Offer Spread](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary/august-5-2019#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](mailto:info@solveadvisors.com) or 646-699-5041.***   [View full post](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/august-5-2019) ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Michael Pellerito" }, "dateModified" : "2019-08-05T14:31:12.532Z", "datePublished" : "2019-08-05T14:23:23Z", "headline" : "Syndicated Bank Loan Market Summary - 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