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, March 1st - Friday, March 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 |
SGB-SMIT EUR TL B |
13.50% |
82.26 |
72.47 |
2 |
BLUESTEM EXT TL B |
8.44% |
69.21 |
63.82 |
3 |
SAVE A LOT TL B |
7.70% |
62.00 |
57.57 |
4 |
INNOCOR TL |
5.72% |
99.43 |
94.05 |
5 |
COMMUNICATIONS S&L TL B |
2.89% |
95.18 |
92.51 |
6 |
HORIZON GLOBAL TL B |
2.58% |
98.66 |
96.18 |
7 |
INEOS FIN TL B |
2.07% |
99.80 |
97.78 |
8 |
CPI CARD GROUP TL B |
1.94% |
63.32 |
62.11 |
9 |
NEIMAN MARCUS TL B |
1.74% |
94.93 |
93.30 |
10 |
CRESTWOOD MIDSTREAM TL B |
1.28% |
98.41 |
97.16 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 3/1/19 - 3/8/19
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1W |
1 |
IPC SYSTEMS 2ND LIEN TL |
-34.92% |
36.48 |
56.05 |
2 |
SYNCREON GROUP BV TL B |
-7.70% |
73.19 |
79.30 |
3 |
MACDONALD DETTWILER TL B |
-5.23% |
80.61 |
85.06 |
4 |
MURRAY ENERGY TL B3 |
-4.22% |
79.05 |
82.53 |
5 |
AFFINION GROUP TL B |
-3.92% |
86.57 |
90.10 |
6 |
ACCURIDE TL B |
-3.86% |
82.00 |
85.29 |
7 |
DITECH EXIT TL B |
-3.29% |
64.57 |
66.77 |
8 |
SUBCOM TL |
-3.22% |
96.51 |
99.73 |
9 |
THOR INDUSTRIES EUR TL B |
-2.20% |
94.77 |
96.90 |
10 |
ADVANTAGE SALES 2ND LIEN TL |
-2.10% |
73.28 |
74.86 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 3/1/19 - 3/8/19
- Displays the average loan bid price by sector for the period between 3/1/19 - 3/8/19
- 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 3/1/19 - 3/8/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
1 |
AHLSELL EXT EUR TL B2 |
2 |
36 |
34 |
1700% |
2 |
DIGICEL TL |
16 |
40 |
24 |
150% |
3 |
MGM GROWTH PROP TL B |
32 |
56 |
24 |
75% |
4 |
HOLLAND & BARRETT EUR TL B |
4 |
26 |
22 |
550% |
5 |
ACADEMY SPORTS TL B |
31 |
52 |
21 |
68% |
6 |
HOLLAND & BARRETT GBP TL B |
14 |
34 |
20 |
143% |
7 |
SERTA SIMMONS 2ND LIEN TL |
5 |
25 |
20 |
400% |
8 |
NEUSTAR TL B4 |
12 |
31 |
19 |
158% |
9 |
PENN NATIONAL GAMING TL B |
27 |
46 |
19 |
70% |
10 |
ARISTOCRAT TL B |
38 |
57 |
19 |
50% |
- Exhibits the loans with the largest increase in quote volume for the week ending 3/1/19 vs. the week ending 3/8/19
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
ACOSTA TL B |
15 |
2 |
JCREW TL B |
12 |
3 |
MURRAY ENERGY TL B2 |
12 |
4 |
MONITRONICS TL |
11 |
5 |
COMMUNICATIONS S&L TL B |
11 |
6 |
AKZONOBEL SPECIALTY CHEMICALS TL B |
11 |
7 |
GVC HOLDINGS TL B |
11 |
8 |
GNC EXT TL B |
10 |
9 |
SIGMA BIDCO TL B |
10 |
10 |
COMMUNITY HEALTH TL H |
10 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 3/1/19 - 3/8/19
- Reveals the total number of quotes by bid and offer for the period between 3/1/19 - 3/8/19
- Displays the bid-offer spread by sector between 3/1/19 - 3/8/19
- 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.