---
title: Syndicated Bank Loan Market Summary - Week Ending 5/4/18
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 5/4/18](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018)

 Written by [Michael Pellerito](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/author/michael-pellerito) | May 7, 2018 12:39:44 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, April 27th - Friday, May 4th.  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-4-2018?hs_amp=true#winners)
2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018?hs_amp=true#Top10Losers)
3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018?hs_amp=true#AvBidPX) (By industry sector)
4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018?hs_amp=true#Sentiment)
5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018?hs_amp=true#Movers)
6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018?hs_amp=true#MostQuoted)
7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018?hs_amp=true#BidOfferVolume)
8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018?hs_amp=true#Spread) (By industry sector)

 

| **TOP 10 WINNERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** |
| **1** | **CUMULUS MEDIA TL** | **3.48%** | **87.49** | **84.55** |
| **2** | **MURRAY ENERGY TL B2** | **2.68%** | **90.89** | **88.52** |
| **3** | **WESCO AIRCRAFT TL B** | **2.13%** | **99.28** | **97.21** |
| **4** | **RENTPATH TL** | **1.86%** | **91.99** | **90.31** |
| **5** | **MCDERMOTT TL B** | **1.45%** | **100.56** | **99.13** |
| **6** | **AMERICAN TIRE TL B** | **1.34%** | **88.08** | **86.92** |
| **7** | **PSC TL B** | **0.89%** | **100.66** | **99.77** |
| **8** | **US RENAL CARE TL** | **0.80%** | **99.93** | **99.14** |
| **9** | **UTEX TL B** | **0.75%** | **98.99** | **98.25** |
| **10** | **FIELDWOOD ENERGY EXIT TL** | **0.70%** | **100.74** | **100.04** |

- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 4/27/18 - 5/4/18

| **TOP 10 LOSERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** |
| **1** | **BELK TL B** | **-7.61%** | **78.51** | **84.97** |
| **2** | **GULF FINANCE TL B** | **-5.71%** | **85.62** | **90.81** |
| **3** | **LIGHTSQUARED EXIT 2ND LIEN TL** | **-5.18%** | **25.08** | **26.45** |
| **4** | **NBTY 2ND LIEN TL** | **-4.81%** | **77.21** | **81.11** |
| **5** | **VERITAS TL B1** | **-3.29%** | **95.44** | **98.68** |
| **6** | **PROGREXION TL** | **-2.50%** | **97.36** | **99.86** |
| **7** | **MISYS 2ND LIEN TL** | **-2.23%** | **96.70** | **98.90** |
| **8** | **ARBOR CAP INC TL B** | **-2.06%** | **99.41** | **101.50** |
| **9** | **CTI FOODS TL** | **-1.49%** | **89.21** | **90.56** |
| **10** | **DUEMMEN ORANGE EUR TL** | **-1.44%** | **91.76** | **93.11** |

- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 4/27/18 - 5/4/18

 

 

 

- Displays the average loan bid price by sector for the period between 4/27/18 - 5/4/18 
    - 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 4/27/18 - 5/4/18

 

| **TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK** |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| **RANK** | **TRANCHE** | **PRIOR WEEK** | **THIS WEEK** | **INCREASE** | **% INCREASE** |
| **1** | **BMC SOFTWARE TL B1** | **0** | **32** | **32** | **N/A** |
| **2** | **NOMAD FOODS TL B** | **35** | **61** | **26** | **74%** |
| **3** | **JAGUAR HOLDING CO I TL** | **34** | **59** | **25** | **74%** |
| **4** | **COTY TL B** | **17** | **40** | **23** | **135%** |
| **5** | **DOLE FOOD TL B** | **19** | **40** | **21** | **111%** |
| **6** | **MICRO FOCUS TL B3** | **29** | **48** | **19** | **66%** |
| **7** | **SYNEOS TL B** | **12** | **31** | **19** | **158%** |
| **8** | **US SILICA CO TL B** | **2** | **20** | **18** | **900%** |
| **9** | **PRESTIGE BRANDS TL B** | **13** | **30** | **17** | **131%** |
| **10** | **OBERTHUR TECHNOLOGIES SA TL B1** | **38** | **55** | **17** | **45%** |

- Exhibits the loans with the largest increase in quote volume for the week ending 4/27/18 vs. the week ending 5/4/18

 

| **MOST QUOTED LOANS** |  |  |
| --- | --- | --- |
| **RANK** | **TRANCHE** | **DEALERS** |
| **1** | **DEL MONTE FOODS CO TL** | **10** |
| **2** | **BMC SOFTWARE TL** | **10** |
| **3** | **INEOS FIN TL B** | **10** |
| **4** | **ALLISON TRANSMISSION TL B** | **10** |
| **5** | **FULLBEAUTY TL** | **9** |
| **6** | **DELL TL B** | **9** |
| **7** | **NTL CABLE PLC TL K** | **9** |
| **8** | **REYNOLDS GROUP TL B** | **8** |
| **9** | **ALTICE FINANCING TL B** | **8** |
| **10** | **ALLIANT HLDGS I INC TL B** | **8** |

- Ranks the loans that were quoted by the highest number of dealers for the period between 4/27/18 - 5/4/18

 

- Reveals the total number of quotes by bid and offer for the period between 4/27/18 - 5/4/18

 

- Displays the bid-offer spread by sector between 4/27/18 - 5/4/18 
    - 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-4-2018)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Michael Pellerito"
  },
  "dateModified" : "2018-05-07T12:39:44.976Z",
  "datePublished" : "2018-05-07T12:39:44Z",
  "headline" : "Syndicated Bank Loan Market Summary - Week Ending 5/4/18",
  "image" : {
    "@type" : "ImageObject",
    "height" : 677,
    "url" : "https://cdn2.hubspot.net/hubfs/2719542/Loan%20Summaries/2018-4-16/Avg%20Bid%20Px%20by%20Sector.png",
    "width" : 977
  },
  "mainEntityOfPage" : "https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/may-4-2018",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Solve Advisors Syndicated Bank Loan Market Summaries"
  }
}
```