---
title: Syndicated Bank Loan Market Summary - Week Ending 5/11/18
description: Solve's Bank Loan Market Summary provides insight into trends within the overall market as well as certain sectors, ranks loan winners and losers, & more!
---

[Solve Advisors Syndicated Bank Loan Market Summaries](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary)

# [Syndicated Bank Loan Market Summary - Week Ending 5/11/18](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018)

 Written by [Michael Pellerito](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/author/michael-pellerito) | May 14, 2018 12:30:00 PM

Solve Advisor's **weekly loan newsletter** highlights trends in the Syndicated Bank Loan market.

***Want to receive Solve's Bank Loan summaries in your inbox directly?***

 

***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, May 4th - Friday, May 11th.  In the tables and charts below, you'll find:

1. [Top 10 Loan Price Winners](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#winners)
2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#Top10Losers)
3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#AvBidPX) (By industry sector)
4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#Sentiment)
5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#Movers)
6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#MostQuoted)
7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#BidOfferVolume)
8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018?hs_amp=true#Spread) (By industry sector)

 

| **TOP 10 WINNERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** |
| **1** | **CATALINA MARKETING 2ND LIEN TL** | **10.68%** | **22.37** | **20.21** |
| **2** | **KLOECKNER TL B** | **2.92%** | **96.90** | **94.15** |
| **3** | **CHUCK E CHEESE TL B** | **2.81%** | **91.24** | **88.75** |
| **4** | **RENTPATH TL** | **2.16%** | **93.97** | **91.99** |
| **5** | **FORTERRA TL** | **2.08%** | **93.89** | **91.97** |
| **6** | **SEADRILL PARTNERS LLC EXT TL B** | **2.01%** | **87.47** | **85.74** |
| **7** | **SCHUMACHER GROUP TL** | **1.80%** | **99.54** | **97.78** |
| **8** | **SOLENIS 2ND LIEN TL** | **1.74%** | **98.70** | **97.01** |
| **9** | **WENCOR GROUP 2ND LIEN TL** | **1.59%** | **95.50** | **94.00** |
| **10** | **PETCO TL B** | **1.56%** | **68.97** | **67.91** |

- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 5/4/18 - 5/11/18

| **TOP 10 LOSERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** |
| **1** | **NBTY 2ND LIEN TL** | **-6.52%** | **72.18** | **77.21** |
| **2** | **WINEBOW TL B** | **-2.35%** | **95.42** | **97.71** |
| **3** | **TOYS R US PROPCO TL B** | **-2.25%** | **82.26** | **84.15** |
| **4** | **REVLON TL B** | **-1.88%** | **75.54** | **76.99** |
| **5** | **ANCHOR GLASS 2ND LIEN TL** | **-1.19%** | **94.48** | **95.62** |
| **6** | **UNIVISION TL C5** | **-0.97%** | **97.51** | **98.47** |
| **7** | **MCGRAW-HILL GLOBAL TL** | **-0.97%** | **95.85** | **96.79** |
| **8** | **HARLAND CLARKE TL B7** | **-0.91%** | **99.83** | **100.75** |
| **9** | **QUORUM HEALTH TL** | **-0.90%** | **101.25** | **102.16** |
| **10** | **CIRQUE DE SOLEIL 2ND LIEN TL** | **-0.89%** | **97.52** | **98.40** |

- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 5/4/18 - 5/11/18

 

 

 

- Displays the average loan bid price by sector for the period between 5/4/18 - 5/11/18 
    - 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 5/4/18 - 5/11/18

 

| **TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK** |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| **RANK** | **TRANCHE** | **PRIOR WEEK** | **THIS WEEK** | **INCREASE** | **% INCREASE** |
| **1** | **BMC SOFTWARE TL B1** | **32** | **70** | **38** | **119%** |
| **2** | **FULLBEAUTY TL** | **17** | **38** | **21** | **124%** |
| **3** | **PETSMART TL B** | **33** | **50** | **17** | **52%** |
| **4** | **CATALINA MARKETING 2ND LIEN TL** | **4** | **20** | **16** | **400%** |
| **5** | **CHEMOURS TL B** | **20** | **36** | **16** | **80%** |
| **6** | **YUM BRANDS INC TL B** | **10** | **26** | **16** | **160%** |
| **7** | **PETCO TL B** | **36** | **51** | **15** | **42%** |
| **8** | **COMMERCIAL BARGE TL** | **22** | **36** | **14** | **64%** |
| **9** | **WEST CORP TL** | **32** | **46** | **14** | **44%** |
| **10** | **AMERICAN AIRLINES TL B** | **20** | **33** | **13** | **65%** |

- Exhibits the loans with the largest increase in quote volume for the week ending 5/4/18 vs. the week ending 5/11/18

 

| **MOST QUOTED LOANS** |  |  |
| --- | --- | --- |
| **RANK** | **TRANCHE** | **DEALERS** |
| **1** | **BMC SOFTWARE TL** | **10** |
| **2** | **TRANSDIGM INC TL E** | **9** |
| **3** | **BERRY PLASTICS TL Q** | **9** |
| **4** | **SKILLSOFT EXT TL** | **8** |
| **5** | **DELL TL B** | **8** |
| **6** | **AVOLON TL B2** | **8** |
| **7** | **ALLISON TRANSMISSION TL B** | **8** |
| **8** | **INTELSAT TL B3** | **8** |
| **9** | **COOPER STANDARD TL B** | **8** |
| **10** | **CATALINA MARKETING TL B** | **7** |

- Ranks the loans that were quoted by the highest number of dealers for the period between 5/4/18 - 5/11/18

 

- Reveals the total number of quotes by bid and offer for the period between 5/4/18 - 5/11/18

 

- Displays the bid-offer spread by sector between 5/4/18 - 5/11/18 
    - 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](mailto:info@solveadvisors.com) or 646-699-5041.***

 

[View full post](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-14-2018)

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