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, June 1st - Friday, June 8th. 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 |
PETSMART TL B |
7.32% |
83.53 |
77.84 |
2 |
NBTY 2ND LIEN TL |
2.98% |
79.87 |
77.56 |
3 |
ACADEMY SPORTS TL B |
2.51% |
81.18 |
79.19 |
4 |
MURRAY ENERGY TL B3 |
2.08% |
94.98 |
93.05 |
5 |
PETCO TL B |
1.34% |
70.93 |
69.99 |
6 |
BELK TL B |
1.33% |
78.26 |
77.24 |
7 |
MALLINCKRODT TL B |
0.73% |
99.58 |
98.86 |
8 |
SKILLSOFT EXT TL |
0.69% |
93.74 |
93.09 |
9 |
PAYSAFE TL B1 |
0.68% |
99.86 |
99.19 |
10 |
CENGAGE TL |
0.62% |
90.11 |
89.55 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/1/18 - 6/8/18
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
SGB-SMIT EUR TL B |
-1.93% |
92.28 |
94.10 |
2 |
ROBERTSHAW 2ND LIEN TL |
-1.16% |
98.34 |
99.50 |
3 |
HEALTHPORT TL B |
-1.08% |
95.99 |
97.04 |
4 |
STRATEGIC MATERIALS 2ND LIEN TL |
-0.94% |
97.86 |
98.79 |
5 |
AMERICAN ROCK SALT TL B |
-0.85% |
99.27 |
100.12 |
6 |
ACOSTA TL B |
-0.84% |
79.50 |
80.18 |
7 |
HARSCO CORP TL B |
-0.78% |
100.33 |
101.11 |
8 |
VERITAS EUR TL B |
-0.73% |
96.58 |
97.29 |
9 |
HOUSTON FUEL OIL TERMINAL TL B |
-0.71% |
100.00 |
100.71 |
10 |
ALBANY MOLECULAR RESH INC 2ND LIEN TL |
-0.65% |
100.34 |
101.00 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/1/18 - 6/8/18
- Displays the average loan bid price by sector for the period between 6/1/18 - 6/8/18
- 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 6/1/18 - 6/8/18
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
1 |
TELENET TL A |
10 |
36 |
26 |
260% |
2 |
ADVANCED DISPOSAL TL B |
42 |
61 |
19 |
45% |
3 |
BUILDERS FIRSTSOURCE TL B |
40 |
59 |
19 |
48% |
4 |
CALPINE CONSTRUCTION FINANCE TL |
25 |
43 |
18 |
72% |
5 |
AMWINS 2ND LIEN TL |
38 |
56 |
18 |
47% |
6 |
VICI PROPERTIES TL B |
30 |
48 |
18 |
60% |
7 |
BERLIN PACKAGING TL B |
24 |
41 |
17 |
71% |
8 |
DTZ TL B |
33 |
50 |
17 |
52% |
9 |
HELIX GENERATION TL B |
32 |
49 |
17 |
53% |
10 |
TESSERA TECH TL B |
7 |
24 |
17 |
243% |
- Exhibits the loans with the largest increase in quote volume for the week ending 6/1/18 vs. the week ending 6/8/18
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
VF HOLDINGS CORP TL |
9 |
2 |
DELL TL B |
9 |
3 |
SPRINGER NATURE TL B13 |
8 |
4 |
TRAVELPORT TL B |
8 |
5 |
UPC TL |
8 |
6 |
ALLISON TRANSMISSION TL B |
8 |
7 |
BRAND ENERGY TL |
8 |
8 |
RACKSPACE HOSTING TL B |
8 |
9 |
NTL CABLE PLC TL K |
8 |
10 |
RCN GRANDE TL B |
8 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 6/1/18 - 6/8/18
- Reveals the total number of quotes by bid and offer for the period between 6/1/18 - 6/8/18
- Displays the bid-offer spread by sector between 6/1/18 - 6/8/18
- 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.