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 16th - Friday, June 23rd. 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 |
PARADIGM 2ND LIEN TL |
13.70% |
74.42 |
65.45 |
2 |
PARADIGM TL B |
6.82% |
85.60 |
80.13 |
3 |
SYNCHRONOSS TECHNOLOGIES TL |
4.43% |
97.11 |
92.99 |
4 |
CROSBY 2ND LIEN TL |
2.77% |
82.00 |
79.79 |
5 |
LIGHTSQUARED EXIT 2ND LIEN TL |
2.57% |
70.98 |
69.20 |
6 |
GNC TL B |
2.41% |
92.34 |
90.17 |
7 |
THT HEAT TRANSFER TL B |
1.88% |
87.98 |
86.36 |
8 |
ENDEMOL TL |
1.56% |
91.39 |
89.99 |
9 |
TENSAR TL |
1.38% |
92.64 |
91.38 |
10 |
EVERGREEN ACQCO 1 LP TL C |
1.36% |
91.33 |
90.10 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/16/17 - 6/23/17
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
GYMBOREE TL B |
-18.14% |
35.69 |
43.59 |
2 |
CATALINA MARKETING TL B |
-9.17% |
82.48 |
90.80 |
3 |
SEADRILL PARTNERS LLC EXT TL B |
-5.53% |
62.13 |
65.76 |
4 |
LANDS END TL B |
-4.57% |
80.34 |
84.19 |
5 |
STENA TL B |
-4.44% |
86.36 |
90.37 |
6 |
ACADEMY SPORTS TL B |
-4.00% |
78.84 |
82.13 |
7 |
BJ'S 2ND LIEN TL |
-3.00% |
96.98 |
99.99 |
8 |
PETSMART TL B |
-2.46% |
90.62 |
92.91 |
9 |
DAVID'S BRIDAL TL B |
-2.38% |
76.05 |
77.90 |
10 |
NEIMAN MARCUS TL B |
-2.22% |
75.32 |
77.03 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/16/17 - 6/23/17
- Displays the average loan bid price by sector for the period between 6/16/17 - 6/23/17
- 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 6/16/17 - 6/23/17
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
1 |
AXALTA COATING SYSTEMS TL |
36 |
88 |
52 |
144% |
2 |
DELL TL B |
77 |
117 |
40 |
52% |
3 |
SEAWORLD TL B5 |
56 |
92 |
36 |
64% |
4 |
SYNCHRONOSS TECHNOLOGIES TL |
29 |
59 |
30 |
103% |
5 |
TRONOX PIGMENTS TL B |
60 |
90 |
30 |
50% |
6 |
BRAND ENERGY TL B |
38 |
68 |
30 |
79% |
7 |
AMERICAN AIRLINES TL B |
47 |
77 |
30 |
64% |
8 |
HARGRY TL |
27 |
56 |
29 |
107% |
9 |
FEDERAL-MOGUL TL C |
31 |
59 |
28 |
90% |
10 |
FORMULA ONE TL B |
80 |
107 |
27 |
34% |
- Exhibits the loans with the largest increase in quote volume for the week ending 6/16/17 vs. the week ending 6/23/17
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
ELLUCIAN / SOPHIA TL B |
10 |
2 |
DELL TL B |
10 |
3 |
COMMUNITY HEALTH TL H |
9 |
4 |
INFORMATICA TL B |
9 |
5 |
GRIFOLS WORLDWIDE TL B |
9 |
6 |
INFOR TL B |
9 |
7 |
INEOS FIN TL B |
9 |
8 |
FORMULA ONE TL B |
9 |
9 |
AXALTA COATING SYSTEMS TL |
9 |
10 |
COMMUNITY HEALTH TL G |
9 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 6/16/17 - 6/23/17
- Reveals the total number of quotes by bid and offer for the period between 6/16/17 - 6/23/17
- Displays the bid-offer spread by sector between 6/16/17 - 6/23/17
- 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.