Solve Advisor's weekly loan newsletter highlights trends in the Syndicated Bank Loan market.
Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, July 21st - Friday, July 28th. 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)
Want free access to Real-Time Composite pricing for Syndicated Bank Loans?
Solve Advisors is launching a free Beta for qualified participants, where you will have unlimited access to Solve's composite loan pricing via the SolveQuotes platform. Participants will be invited to share feedback and offer suggestions on our product. Click the link below to learn more and become a Beta participant!
TOP 10 WINNERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
SEADRILL PARTNERS LLC EXT TL B |
7.11% |
68.35 |
63.81 |
2 |
DIXIE ELECTRIC TL B |
6.74% |
64.70 |
60.61 |
3 |
CAMAIEU EUR TL C1 |
6.35% |
81.89 |
77.00 |
4 |
GLOBAL EAGLE ENTERTMNT TL B |
4.35% |
96.98 |
92.93 |
5 |
EXPRO HOLDINGS TL B |
4.22% |
72.20 |
69.27 |
6 |
FIELDWOOD ENERGY EXT 2ND LIEN TL |
4.14% |
56.71 |
54.45 |
7 |
PGS TL B |
3.00% |
83.05 |
80.63 |
8 |
CUNNINGHAM LINDSEY TL B |
2.84% |
92.24 |
89.69 |
9 |
GNC TL B |
2.57% |
96.05 |
93.64 |
10 |
TOYS R US EXT TL B2 |
2.39% |
94.79 |
92.58 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 7/21/17 - 7/28/17
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
NORTHGATE PUBLIC SERVICES GBP TL B |
-13.89% |
74.92 |
87.00 |
2 |
DEOLEO EUR TL B |
-5.45% |
68.16 |
72.10 |
3 |
DEOLEO 2ND LIEN EUR TL |
-4.14% |
46.25 |
48.25 |
4 |
SYNCREON GROUP BV TL B |
-2.75% |
85.00 |
87.41 |
5 |
ENDEMOL GBP TL |
-2.17% |
90.98 |
93.00 |
6 |
CATALINA MARKETING TL B |
-1.99% |
81.33 |
82.98 |
7 |
JCREW TL B |
-1.78% |
53.01 |
53.97 |
8 |
LIGHTSQUARED EXIT 2ND LIEN TL |
-1.64% |
65.85 |
66.95 |
9 |
SCIENTIFIC GAMES TL B3 |
-1.09% |
100.01 |
101.11 |
10 |
CSM N V 2ND LIEN TL |
-0.99% |
87.10 |
87.97 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 7/21/17 - 7/28/17
- Displays the average loan bid price by sector for the period between 7/21/17 - 7/28/17
- 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 7/21/17 - 7/28/17
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
1 |
AXALTA COATING SYSTEMS TL |
59 |
108 |
49 |
83% |
2 |
JCREW TL B |
28 |
76 |
48 |
171% |
3 |
UNIVAR INC TL B2 |
24 |
72 |
48 |
200% |
4 |
LONESTAR GENERATION EXT TL B |
12 |
54 |
42 |
350% |
5 |
AVAYA TL B7 |
42 |
84 |
42 |
100% |
6 |
FORTERRA TL |
33 |
71 |
38 |
115% |
7 |
QUORUM HEALTH CORP TL |
44 |
82 |
38 |
86% |
8 |
ZIGGO TL E |
58 |
95 |
37 |
64% |
9 |
ENDEMOL TL |
33 |
70 |
37 |
112% |
10 |
FIRST DATA CORP TL |
40 |
77 |
37 |
93% |
- Exhibits the loans with the largest increase in quote volume for the week ending 7/21/17 vs. the week ending 7/28/17
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
AXALTA COATING SYSTEMS TL |
9 |
2 |
COMMUNITY HEALTH TL H |
8 |
3 |
US RENAL CARE TL |
8 |
4 |
SANTANDER ASSET MANAGEMENT TL B |
8 |
5 |
UNIVAR INC TL B2 |
8 |
6 |
AVOLON TL B2 |
8 |
7 |
COOPER STANDARD TL B |
8 |
8 |
SBA COMMUNICATIONS CORP TL B1 |
8 |
9 |
DJO FINANCE TL B |
7 |
10 |
IHEART TL D |
7 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 7/21/17 - 7/28/17
- Reveals the total number of quotes by bid and offer for the period between 7/21/17 - 7/28/17
- Displays the bid-offer spread by sector between 7/21/17 - 7/28/17
- Results are based on 5 select industry sectors, however, we offer data across 36 sectors
Want free access to Real-Time Composite pricing for Syndicated Bank Loans?
Solve Advisors is launching a free Beta for qualified participants, where you will have unlimited access to Solve's composite loan pricing via the SolveQuotes platform. Participants will be invited to share feedback and offer suggestions on our product. Click the link below to learn more and become a Beta participant!
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.