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, December 14th - Friday, December 21st. 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 |
P2 SOLAR 2ND LIEN TL |
1.20% |
95.00 |
93.87 |
| 2 |
BELK TL B |
0.68% |
80.70 |
80.16 |
| 3 |
KUONI REISEN EUR TL B |
0.38% |
98.49 |
98.12 |
| 4 |
LANNETT CO INC TL A |
0.34% |
92.94 |
92.62 |
| 5 |
HUDSON'S BAY TL B |
0.22% |
97.20 |
96.99 |
| 6 |
DAE AVIATION TL |
0.18% |
98.94 |
98.75 |
| 7 |
CONCENTRA 2ND LIEN TL |
0.15% |
99.92 |
99.77 |
| 8 |
JACKPOTJOY GBP TL B |
0.11% |
98.88 |
98.76 |
| 9 |
INDIVIOR TL B |
0.05% |
97.52 |
97.47 |
| 10 |
LANNETT CO INC TL B |
0.04% |
81.11 |
81.08 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 12/14/18 - 12/21/18
| TOP 10 LOSERS |
| Rank |
Loan |
Chg |
Price |
Price - 1W |
| 1 |
ACOSTA TL B |
-11.20% |
59.88 |
67.42 |
| 2 |
DAVID'S BRIDAL TL B |
-8.15% |
52.32 |
56.97 |
| 3 |
SEADRILL PARTNERS LLC EXT TL B |
-7.92% |
77.20 |
83.85 |
| 4 |
ACADEMY SPORTS TL B |
-7.13% |
66.71 |
71.84 |
| 5 |
CTI FOODS TL |
-5.47% |
75.37 |
79.74 |
| 6 |
UTZ QUALITY FOODS 2ND LIEN TL |
-5.11% |
94.84 |
99.95 |
| 7 |
UNIMIN CORP TL |
-4.72% |
72.07 |
75.63 |
| 8 |
INTERNET BRANDS 2ND LIEN TL |
-4.54% |
94.10 |
98.57 |
| 9 |
PAREXEL INTERNATIONAL TL |
-4.42% |
90.16 |
94.32 |
| 10 |
AIR METHODS TL |
-4.20% |
79.33 |
82.81 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 12/14/18 - 12/21/18
- Displays the average loan bid price by sector for the period between 12/14/18 - 12/21/18
- 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 12/14/18 - 12/21/18
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
BERRY PLASTICS TL S |
22 |
46 |
24 |
109% |
| 2 |
NTL CABLE PLC GBP TL L |
10 |
34 |
24 |
240% |
| 3 |
SKILLSOFT EXT 2ND LIEN TL |
44 |
64 |
20 |
45% |
| 4 |
BERRY PLASTICS TL R |
22 |
42 |
20 |
91% |
| 5 |
BERRY PLASTICS TL T |
28 |
46 |
18 |
64% |
| 6 |
SKILLSOFT EXT TL |
56 |
74 |
18 |
32% |
| 7 |
SPECTRUM BRANDS INC TL B |
12 |
29 |
17 |
142% |
| 8 |
NTL CABLE PLC GBP TL M |
19 |
35 |
16 |
84% |
| 9 |
RUSSELL INVESTMENTS TL B |
22 |
36 |
14 |
64% |
| 10 |
HYLAND SOFTWARE 2ND LIEN TL |
6 |
20 |
14 |
223% |
- Exhibits the loans with the largest increase in quote volume for the week ending 12/14/18 vs. the week ending 12/21/18
| MOST QUOTED LOANS |
| RANK |
TRANCHE |
DEALERS |
| 1 |
ZIGGO EUR TL F |
8 |
| 2 |
VERALLIA EUR TL B4 |
8 |
| 3 |
DIAVERUM EUR TL B |
8 |
| 4 |
OGF SA EUR TL B |
8 |
| 5 |
FRONERI EUR TL B |
8 |
| 6 |
CHUCK E CHEESE TL B |
7 |
| 7 |
CENGAGE TL |
7 |
| 8 |
AMEDEO MSN 157 EUR TL B |
7 |
| 9 |
VERITAS TL B1 |
7 |
| 10 |
GO DADDY DD TL |
7 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 12/14/18 - 12/21/18
- Reveals the total number of quotes by bid and offer for the period between 12/14/18 - 12/21/18
- Displays the bid-offer spread by sector between 12/14/18 - 12/21/18
- 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?
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.