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, February 9th - Friday, February 16th. 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 |
PHILADELPHIA ENERGY TL B |
5.88% |
74.38 |
70.25 |
| 2 |
CONCORDIA HEALTHCARE GBP TL B |
4.12% |
88.28 |
84.79 |
| 3 |
LONGVIEW POWER EXIT TL B |
2.53% |
82.30 |
80.27 |
| 4 |
CONCORDIA HEALTHCARE TL |
2.27% |
88.92 |
86.94 |
| 5 |
LIVINGSTON TL B |
2.53% |
99.11 |
96.67 |
| 6 |
BRITAX CHILD SAFETY INC TL B |
0.98% |
85.88 |
85.05 |
| 7 |
COTY TL B |
0.97% |
100.33 |
99.36 |
| 8 |
ADVANCED COMPUTER 2ND LIEN TL |
0.96% |
98.26 |
97.32 |
| 9 |
LIBBEY GLASS TL B |
0.96% |
96.98 |
96.06 |
| 10 |
CIRQUE DE SOLEIL 2ND LIEN TL |
0.89% |
99.63 |
98.75 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 2/9/18 - 2/16/18
| TOP 10 LOSERS |
| Rank |
Loan |
Chg |
Price |
Price - 1W |
| 1 |
VELOCITY POOLING TL B |
-33.33% |
30.00 |
45.00 |
| 2 |
HOUSE OF FRASER GBP TL |
-10.38% |
77.19 |
86.13 |
| 3 |
COLT DEFENSE EXIT TL |
-5.45% |
52.00 |
55.00 |
| 4 |
ISOLA TL B |
-3.91% |
50.05 |
52.09 |
| 5 |
CENGAGE TL |
-3.45% |
93.48 |
96.82 |
| 6 |
MURRAY ENERGY TL B2 |
-2.92% |
88.94 |
85.18 |
| 7 |
AENOVA 2ND LIEN EUR TL |
-2.02% |
83.46 |
76.61 |
| 8 |
IHEART TL D |
-1.91% |
75.14 |
79.61 |
| 9 |
REVLON GROUP INC TL B |
-1.64% |
78.21 |
79.51 |
| 10 |
SERTA SIMMONS 2ND LIEN TL |
-1.51% |
90.86 |
92.26 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 2/9/18 - 2/16/18
- Displays the average loan bid price by sector for the period between 2/9/18 - 2/16/18
- 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 2/9/18 - 2/16/18
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
SIG COMBIBLOC GROUP TL |
33 |
54 |
21 |
64% |
| 2 |
AMERICAN ENERGY MARCELLUS TL |
14 |
34 |
20 |
143% |
| 3 |
CEVA GROUP TL B |
0 |
16 |
16 |
N/A |
| 4 |
MISYS EUR TL B |
24 |
40 |
16 |
67% |
| 5 |
BWAY HOLDING TL |
35 |
50 |
15 |
43% |
| 6 |
EURO GARAGES LTD TL B1 |
41 |
56 |
15 |
37% |
| 7 |
COMPUWARE TL B3 |
4 |
18 |
14 |
350% |
| 8 |
PLATFORM SPECIALTY TL B6 |
18 |
32 |
14 |
78% |
| 9 |
VERITAS TL B1 |
34 |
48 |
14 |
41% |
| 10 |
NORD ANGLIA EDUCATION FINANC TL |
9 |
22 |
13 |
144% |
- Exhibits the loans with the largest increase in quote volume for the week ending 2/9/18 vs. the week ending 2/16/18
| MOST QUOTED LOANS |
| RANK |
TRANCHE |
DEALERS |
| 1 |
REVLON GROUP INC TL B |
12 |
| 2 |
COMMUNITY HEALTH TL G |
9 |
| 3 |
GARDNER DENVER TL B |
9 |
| 4 |
COMMUNITY HEALTH TL H |
9 |
| 5 |
LIGHTSTONE GENERATION LLC TL B |
9 |
| 6 |
BERRY PLASTICS TL M |
9 |
| 7 |
DELL TL B |
9 |
| 8 |
INFOR TL B |
8 |
| 9 |
BMC SOFTWARE TL |
8 |
| 10 |
TRAVELPORT TL |
8 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 2/9/18 - 2/16/18
- Reveals the total number of quotes by bid and offer for the period between 2/9/18 - 2/16/18
- Displays the bid-offer spread by sector between 2/9/18 - 2/16/18
- 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.