--- title: Syndicated Bank Loan Market Summary - Week Ending 5/17/19 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! image: https://blog.solvefixedincome.com/hubfs/Loan%20Summaries/2019-5-13/Avg%20Bid%20PX%20By%20Sector%20-%205.13.19.png --- ![Contact](https://blog.solvefixedincome.com/hubfs/Solveadvisors_Dec_2016%20/Images/contact-new.jpg "Contact") - [Home](https://www.solvefixedincome.com) - [SolveQuotes](http://www.solveadvisors.com/SolveQuotes.aspx) - [Bank Loans Market Summary](https://blog.solveadvisors.com/syndicated-bank-loan-market-summary) - [Municipal Bond Market Summary](https://blog.solveadvisors.com/municipal-bond-market-summary) - [Blog](https://blog.solveadvisors.com) - [About](http://www.solveadvisors.com/AboutUs.aspx) - [Contact](https://info.solveadvisors.com/contactus) # Solve Advisors Syndicated Bank Loan Market Summaries [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmay-20-2019%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmay-20-2019%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmay-20-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmay-20-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Syndicated%20Bank%20Loan%20Market%20Summary%20-%20Week%20Ending%205%2F17%2F19) # Syndicated Bank Loan Market Summary - Week Ending 5/17/19 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), May 20, 2019 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?***  [![Subscribe to Solve's Market Summaries...](https://no-cache.hubspot.com/cta/default/2719542/91aa5211-0cab-4d0e-bdd3-86338376d63c.png)](https://cta-redirect.hubspot.com/cta/redirect/2719542/91aa5211-0cab-4d0e-bdd3-86338376d63c) ***Want free access to Real-Time Composite pricing and trends within the market for Syndicated Bank Loans?***  [![REQUEST A FREE TRIAL](https://no-cache.hubspot.com/cta/default/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb.png)](https://cta-redirect.hubspot.com/cta/redirect/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb) --- ## Solve has aggregated and organized key trends derived from observable loan price data for the period between Friday, May 10th - Friday, May 17th.  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-20-2019#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-20-2019#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-20-2019#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-20-2019#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-20-2019#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-20-2019#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-20-2019#BidOfferVolume) 8. [Bid Offer Spread](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-20-2019#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1** | **ANCHOR GLASS 2ND LIEN TL** | **25.88%** | **69.96** | **55.58** | | **2** | **GULF FINANCE TL B** | **4.59%** | **82.04** | **78.44** | | **3** | **WINEBOW 2ND LIEN TL** | **4.31%** | **63.17** | **60.56** | | **4** | **IQOR 2ND LIEN TL** | **3.83%** | **80.73** | **77.75** | | **5** | **GLOBAL EAGLE ENTERTMNT TL B** | **3.82%** | **95.52** | **92.00** | | **6** | **OWENS & MINOR DISTRIBUTION TL B** | **3.43%** | **83.98** | **81.19** | | **7** | **NBTY 2ND LIEN TL** | **3.22%** | **85.02** | **82.37** | | **8** | **SERTA SIMMONS 2ND LIEN TL** | **2.97%** | **44.36** | **43.08** | | **9** | **SEADRILL PARTNERS LLC EXT TL B** | **2.85%** | **81.77** | **79.50** | | **10** | **NAVIOS MIDSTREAM TL B** | **2.37%** | **98.34** | **96.07** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 5/10/19 - 5/17/19 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1 ** | **LIGHTSQUARED EXIT PIK 2ND LIEN TL** | **-10.80%** | **26.98** | **30.24** | | **2 ** | **RGIS TL** | **-6.55%** | **77.62** | **83.06** | | **3 ** | **PRINCE TL** | **-5.94%** | **91.84** | **97.65** | | **4 ** | **DONCASTERS EXT TL B** | **-5.56%** | **70.72** | **74.88** | | **5 ** | **HEALOGICS 2ND LIEN TL** | **-5.51%** | **61.19** | **64.76** | | **6 ** | **FLINT GROUP TL C** | **-4.65%** | **88.75** | **93.09** | | **7 ** | **RENTPATH TL** | **-4.05%** | **58.50** | **60.98** | | **8 ** | **COLORADO BUYER 2ND LIEN TL** | **-3.89%** | **87.40** | **90.94** | | **9 ** | **NPC TL** | **-3.63%** | **78.60** | **81.56** | | **10 ** | **DIVERSEY EUR TL** | **-3.40%** | **94.52** | **97.84** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 5/10/19 - 5/17/19    ![Avg Bid PX By Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2019-5-20/Avg%20Bid%20PX%20By%20Sector%20-%205.20.19.png?width=640&name=Avg%20Bid%20PX%20By%20Sector%20-%205.20.19.png) - Displays the average loan bid price by sector for the period between 5/10/19 - 5/17/19 - Results are based on 5 select industry sectors, however, we offer data across 36 sectors    ![Market Sentiment - Advancers vs. Decliners](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2019-5-20/Sentiment%20-%205.20.19.png?width=640&name=Sentiment%20-%205.20.19.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 5/10/19 - 5/17/19 | **TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR WEEK** | **THIS WEEK** | **INCREASE** | **% INCREASE** | | **1** | **DAE AVIATION TL** | **20** | **63** | **43** | **215%** | | **2** | **JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY TL** | **2** | **42** | **40** | **2000%** | | **3** | **VERISURE MIDHOLDING AB EUR TL B1** | **44** | **79** | **35** | **80%** | | **4** | **SIVANTOS EUR TL B** | **30** | **64** | **34** | **113%** | | **5** | **CEVA SANTE ANIMALE EUR TL B** | **44** | **74** | **30** | **68%** | | **6** | **CHARTER NEX TL** | **12** | **40** | **28** | **233%** | | **7** | **VERALLIA EUR TL B4** | **50** | **78** | **28** | **56%** | | **8** | **NTL CABLE PLC GBP TL L** | **56** | **82** | **26** | **46%** | | **9** | **NTL CABLE PLC GBP TL M** | **56** | **80** | **24** | **43%** | | **10** | **OBERTHUR TECHNOLOGIES SA EUR TL B1** | **52** | **76** | **24** | **46%** | - Exhibits the loans with the largest increase in quote volume for the week ending 5/10/19 vs. the week ending 5/17/19 | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **AVOLON TL B3** | **14** | | **2** | **FIRST DATA CORP TL A** | **11** | | **3** | **COMMUNICATIONS S&L TL B** | **11** | | **4** | **HARLAND CLARKE TL B7** | **10** | | **5** | **IHEART TL B** | **10** | | **6** | **PETSMART TL B** | **10** | | **7** | **ZIGGO EUR TL F** | **9** | | **8** | **SPRINGER NATURE TL B13** | **9** | | **9** | **NTL CABLE PLC GBP TL M** | **9** | | **10** | **NTL CABLE PLC GBP TL L** | **9** | - Ranks the loans that were quoted by the highest number of dealers for the period between 5/10/19 - 5/17/19    ![Bid and Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2019-5-20/Bid%20and%20Offer%20Spread%20-%205.20.19.png?width=640&name=Bid%20and%20Offer%20Spread%20-%205.20.19.png) - Reveals the total number of quotes by bid and offer for the period between 5/10/19 - 5/17/19    ![Sector Bid Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2019-5-20/Sector%20Bid%20Offer%20Spread%20-%205.20.19v2.png?width=640&name=Sector%20Bid%20Offer%20Spread%20-%205.20.19v2.png) - Displays the bid-offer spread by sector between 5/10/19 - 5/17/19 - 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?***  [![REQUEST A FREE TRIAL](https://no-cache.hubspot.com/cta/default/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb.png)](https://cta-redirect.hubspot.com/cta/redirect/2719542/d8180db9-19ab-453b-9aab-adadfd7b20eb) ***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.***   - [Home](http://www.solveadvisors.com/Default.aspx) - [About Solve](http://www.solveadvisors.com/AboutUs.aspx) - 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