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, June 23rd - Friday, June 30th. 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)
If you would like to evaluate our real-time composite pricing and the SolveQuotes platform:
TOP 10 WINNERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
HC STARCK 2ND LIEN TL |
19.70% |
83.79 |
70.00 |
2 |
HC STARCK 2ND LIEN EUR TL |
11.40% |
80.24 |
72.03 |
3 |
MURRAY ENERGY TL B3 |
3.83% |
97.73 |
94.12 |
4 |
MURRAY ENERGY TL B2 |
2.95% |
97.79 |
94.99 |
5 |
SEADRILL PARTNERS LLC EXT TL B |
2.63% |
63.76 |
62.13 |
6 |
CATALINA MARKETING TL B |
2.51% |
84.55 |
82.48 |
7 |
PETSMART TL B |
2.39% |
92.78 |
90.62 |
8 |
SAVERS TL C |
2.11% |
93.26 |
91.33 |
9 |
ENDEMOL GBP TL |
2.05% |
91.84 |
89.99 |
10 |
FCC ENVIRONMENT (UK) LTD GBP TL B |
2.04% |
91.98 |
90.14 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/23/17 - 6/30/17
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
FULLBEAUTY TL |
-7.30% |
61.46 |
66.30 |
2 |
LONGVIEW POWER EXIT TL B |
-6.46% |
70.57 |
75.44 |
3 |
BLACKHAWK MINING TL |
-5.57% |
85.09 |
90.11 |
4 |
GYMBOREE TL B |
-4.62% |
34.04 |
35.69 |
5 |
TOYS R US TL B3 |
-2.85% |
92.11 |
94.82 |
6 |
TOYS R US EXT TL B2 |
-2.85% |
92.11 |
94.82 |
7 |
FAIRMOUNT SANTROL TL B1 |
-2.72% |
94.29 |
96.93 |
8 |
FAIRMOUNT SANTROL TL B2 |
-2.57% |
94.29 |
96.77 |
9 |
AMF BOWLMOR 2ND LIEN TL |
-2.13% |
100.32 |
102.50 |
10 |
PHOTOBOX EUR TL B |
-1.67% |
96.34 |
97.97 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/23/17 - 6/30/17
- Displays the average loan bid price by sector for the period between 6/23/17 - 6/30/17
- 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 6/23/17 - 6/30/17
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
1 |
ENDEMOL TL |
44 |
92 |
48 |
109% |
2 |
QUORUM HEALTH CORP TL |
52 |
98 |
46 |
88% |
3 |
ZIGGO TL E |
57 |
102 |
45 |
79% |
4 |
NORD ANGLIA EDUCATION FINANC TL |
0 |
44 |
44 |
N/A |
5 |
COMMUNITY HEALTH TL H |
60 |
102 |
42 |
70% |
6 |
AXALTA COATING SYSTEMS TL |
66 |
107 |
41 |
62% |
7 |
GRIFOLS WORLDWIDE TL B |
62 |
103 |
41 |
66% |
8 |
PROTECTION1 TL B |
10 |
51 |
41 |
410% |
9 |
VALEANT PHARMACEUTICALS TL F3 |
54 |
95 |
41 |
76% |
10 |
VERITAS TL B1 |
11 |
51 |
40 |
364% |
- Exhibits the loans with the largest increase in quote volume for the week ending 6/23/17 vs. the week ending 6/30/17
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
ZIGGO TL E |
9 |
2 |
WEX MED CORP TL B |
9 |
3 |
BERRY PLASTICS TL I |
9 |
4 |
GRIFOLS WORLDWIDE TL B |
9 |
5 |
JCREW TL B |
8 |
6 |
PETCO TL B |
8 |
7 |
GYMBOREE TL B |
8 |
8 |
COMMUNITY HEALTH TL G |
8 |
9 |
COMMUNITY HEALTH TL H |
8 |
10 |
GARDNER DENVER TL |
8 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 6/23/17 - 6/30/17
- Reveals the total number of quotes by bid and offer for the period between 6/23/17 - 6/30/17
- Displays the bid-offer spread by sector between 6/23/17 - 6/30/17
- Results are based on 5 select industry sectors, however, we offer data across 36 sectors
If you would like to evaluate our real-time composite pricing and the SolveQuotes platform:
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.