Our weekly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a weekly period.
- 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 | SKILLSOFT EXT 2ND LIEN TL | 9.28% | 24.55 | 22.47 |
| 2 | ELECTRICAL COMPONENTS TL B | 2.84% | 92.14 | 89.60 |
| 3 | FORT DEARBORN 2ND LIEN TL | 2.14% | 95.27 | 93.27 |
| 4 | WASTEQUIP 2ND LIEN TL | 1.93% | 92.79 | 91.03 |
| 5 | HARGRY TL B | 1.71% | 99.59 | 97.91 |
| 6 | WASTEQUIP TL B | 1.63% | 100.00 | 98.40 |
| 7 | TENSAR 2ND LIEN TL | 1.51% | 83.61 | 82.36 |
| 8 | CERIDIAN TL B | 1.41% | 100.37 | 98.98 |
| 9 | GCI INC TL | 1.37% | 98.33 | 97.00 |
| 10 | AMERICAN TRAFFIC SOLUTIONS TL B | 1.28% | 100.07 | 98.81 |
- Showcases the top 10 loan "winners" based on the largest bid price increases between 3/6/20 - 3/13/20
| TOP 10 LOSERS | ||||
| Rank | Loan | Chg | Price | Price - 1W |
| 1 | CALIFORNIA RESOURCES TL | -53.20% | 24.56 | 52.47 |
| 2 | SEADRILL PARTNERS LLC EXT TL B | -35.87% | 20.60 | 32.12 |
| 3 | CHESAPEAKE ENERGY TL | -35.11% | 58.81 | 90.62 |
| 4 | MCDERMOTT TL B | -29.69% | 39.31 | 55.91 |
| 5 | FIELDWOOD ENERGY TL | -28.52% | 55.52 | 77.67 |
| 6 | TNT CRANE 2ND LIEN TL | -27.22% | 40.10 | 55.10 |
| 7 | STETSON MIDSTREAM TL B | -25.25% | 67.84 | 90.76 |
| 8 | CENTRAL SECURITY GROUP TL B | -24.16% | 46.57 | 61.40 |
| 9 | PEAK 10 2ND LIEN TL | -22.64% | 43.52 | 56.26 |
| 10 | BISON MIDSTREAM TL B | -20.89% | 64.91 | 82.05 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases between 3/6/20 - 3/13/20
- Displays the average loan bid price by sector between 3/6/20 - 3/13/20
- 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) between 3/6/20 - 3/13/20
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK | |||||
| RANK | TRANCHE |
PRIOR WEEK |
THIS WEEK |
INCREASE | % INCREASE |
| 1 | ACTION NEDERLAND EUR TL B | 20 | 36 | 16 | 80% |
| 2 | RCN GRANDE TL B | 14 | 28 | 14 | 100% |
| 3 | ALPHA BIDCO EUR TL B1 | 12 | 24 | 12 | 100% |
| 4 | CALPINE CORP TL B9 | 18 | 30 | 12 | 67% |
| 5 | ZACAPA LLC TL B | 1 | 12 | 11 | 1100% |
| 6 | AKORN TL B | 0 | 10 | 10 | N/A |
| 7 | AVANTOR EUR TL B3 | 0 | 10 | 10 | N/A |
| 8 | JACKPOTJOY GBP TL B | 0 | 10 | 10 | N/A |
| 9 | MASMOVIL IBERCOM SA EUR TL B | 6 | 16 | 10 | 167% |
| 10 | MATCH GROUP INC TL B | 0 | 9 | 9 | N/A |
- Exhibits the loans with the largest increase in quote volume for the week ending 3/6/20 vs. the week ending 3/13/20
| MOST QUOTED LOANS | ||
| RANK | TRANCHE | DEALERS |
| 1 | GATES GLOBAL TL B | 16 |
| 2 | ENVISION HEALTHCARE TL B | 16 |
| 3 | SEADRILL PARTNERS LLC EXT TL B | 16 |
| 4 | HARLAND CLARKE TL B7 | 15 |
| 5 | DELL TL B | 15 |
| 6 | AMERICAN AIRLINES TL B | 15 |
| 7 | VERISURE MIDHOLDING AB EUR TL B1 | 15 |
| 8 | VISTRA ENERGY TL B3 | 15 |
| 9 | DORNA SPORTS EUR TL B | 14 |
| 10 | RCN GRANDE TL B | 14 |
- Ranks the loans that were quoted by the highest number of dealers between 3/6/20 - 3/13/20
- Reveals the total number of quotes by bid and offer between 3/6/20 - 3/13/20
- Displays the bid-offer spread by sector between 3/6/20 - 3/13/20
- 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 +1 646-699-5041.
