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, July 5th - Friday, July 12th. 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 |
LIGHTSQUARED EXIT PIK 2ND LIEN TL |
12.99% |
30.99 |
27.43 |
2 |
YORK RISK SERVICES TL B |
5.73% |
99.73 |
94.32 |
3 |
DEL MONTE TL |
4.24% |
73.07 |
70.10 |
4 |
AIR METHODS TL |
2.21% |
82.03 |
80.26 |
5 |
UNIVISION TL C5 |
2.08% |
97.59 |
95.60 |
6 |
MITEL NETWORKS TL |
1.75% |
97.37 |
95.69 |
7 |
TRIMARK TL |
1.74% |
84.58 |
83.13 |
8 |
PACIFIC GAS AND ELECTRIC COMPANY DIP REV |
1.64% |
98.52 |
96.93 |
9 |
AIR MEDICAL TL B2 |
1.54% |
95.33 |
93.89 |
10 |
SERTA SIMMONS TL |
1.49% |
65.76 |
64.80 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 7/5/19 - 7/12/19
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
4L TECHNOLOGIES INC. TL B |
-35.83% |
62.52 |
97.43 |
2 |
RENTPATH TL |
-7.73% |
54.61 |
59.19 |
3 |
AMNEAL PHARMACEUTIAL TL B |
-6.41% |
92.76 |
99.11 |
4 |
ACOSTA TL B |
-5.60% |
33.92 |
35.93 |
5 |
FORESIGHT ENERGY TL |
-3.18% |
76.04 |
78.54 |
6 |
CHEMOURS TL B |
-3.00% |
96.77 |
99.76 |
7 |
JASON INC TL |
-2.68% |
91.08 |
93.59 |
8 |
OWENS & MINOR DISTRIBUTION TL B |
-2.30% |
81.38 |
83.30 |
9 |
GLOBAL TELESYSTEMS TL |
-2.14% |
95.01 |
97.08 |
10 |
JILL TL B |
-1.70% |
94.23 |
95.86 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 7/5/19 - 7/12/19
- Displays the average loan bid price by sector for the period between 7/5/19 - 7/12/19
- 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 7/5/19 - 7/12/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
1 |
FLINT GROUP EUR TL B |
10 |
60 |
50 |
500% |
2 |
ADVANTAGE SALES TL B |
36 |
61 |
25 |
69% |
3 |
MCDERMOTT TL B |
24 |
48 |
24 |
100% |
4 |
4L TECHNOLOGIES INC. TL B |
0 |
23 |
23 |
N/A |
5 |
CALPINE CORP TL B5 |
42 |
65 |
23 |
55% |
6 |
SOLERA TL B |
38 |
61 |
23 |
61% |
7 |
KINDERCARE LEARNING CENTER TL |
16 |
38 |
22 |
138% |
8 |
MCGRAW-HILL GLOBAL TL |
34 |
54 |
20 |
59% |
9 |
CAESARS ENTERTAINMENT TL |
46 |
66 |
20 |
43% |
10 |
BAUSCH HEALTH COMPANIES INC. TL B |
43 |
62 |
19 |
44% |
- Exhibits the loans with the largest increase in quote volume for the week ending 7/5/19 vs. the week ending 7/12/19
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
BRAND ENERGY TL |
13 |
2 |
US SILICA CO TL B |
12 |
3 |
ABC SUPPLY TL B |
12 |
4 |
MACDONALD DETTWILER TL B |
11 |
5 |
EPHIOS BONDCO EUR TL B |
11 |
6 |
COMMERCIAL BARGE TL B |
11 |
7 |
SKILLSOFT EXT TL |
11 |
8 |
MONITRONICS TL B2 |
11 |
9 |
BLACKBOARD TL B4 |
10 |
10 |
SMS SYSTEMS TL |
10 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 7/5/19 - 7/12/19
- Reveals the total number of quotes by bid and offer for the period between 7/5/19 - 7/12/19
- Displays the bid-offer spread by sector between 7/5/19 - 7/12/19
- 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.