--- title: Syndicated Bank Loan Market Summary - Week Ending 5/3/19 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/2019-4-29/Avg%20Bid%20PX%20by%20Sector%20-%204.29.19.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-6-2019%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-6-2019%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-6-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmay-6-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Syndicated%20Bank%20Loan%20Market%20Summary%20-%20Week%20Ending%205%2F3%2F19) # Syndicated Bank Loan Market Summary - Week Ending 5/3/19 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), May 06, 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, April 26th - Friday, May 3rd.  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-6-2019#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-6-2019#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-6-2019#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-6-2019#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-6-2019#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-6-2019#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-6-2019#BidOfferVolume) 8. [Bid Offer Spread](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary-may-6-2019#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1** | **YAK MAT TL B** | **8.49%** | **93.26** | **85.96** | | **2** | **AFFINION GROUP TL B** | **4.49%** | **90.86** | **86.95** | | **3** | **AMERICAN TIRE TL B** | **4.03%** | **96.33** | **92.60** | | **4** | **LIGHTSQUARED EXIT PIK TL** | **3.31%** | **76.93** | **74.47** | | **5** | **PETSMART TL B** | **3.15%** | **97.00** | **94.04** | | **6** | **DELUXE ENTERTAINMENT TL B** | **2.74%** | **88.64** | **86.28** | | **7** | **JCREW TL B** | **2.66%** | **86.71** | **84.47** | | **8** | **IPC SYSTEMS TL B** | **2.51%** | **83.41** | **81.37** | | **9** | **MCGRAW-HILL GLOBAL TL** | **2.32%** | **97.62** | **95.41** | | **10** | **LINER FOODS TL B** | **2.31%** | **87.55** | **85.58** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 4/26/19 - 5/3/19 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1W** | | **1 ** | **SKILLSOFT EXT 2ND LIEN TL** | **-35.86%** | **24.64** | **38.42** | | **2 ** | **SERTA SIMMONS 2ND LIEN TL** | **-5.73%** | **42.35** | **44.92** | | **3 ** | **SHERIDAN PRODUCTION PARTNERS II TL B** | **-5.53%** | **66.62** | **70.52** | | **4 ** | **PATTERSON MEDICAL TL** | **-2.96%** | **95.79** | **98.71** | | **5 ** | **MONTREIGN RESORT CASINO TL** | **-2.57%** | **86.77** | **89.06** | | **6 ** | **TIERPOINT 2ND LIEN TL** | **-2.56%** | **91.10** | **93.49** | | **7 ** | **CASA SYSTEMS TL** | **-2.53%** | **95.25** | **97.72** | | **8 ** | **RENTPATH TL B** | **-1.86%** | **62.06** | **63.23** | | **9 ** | **MURRAY ENERGY TL B2** | **-1.83%** | **78.75** | **80.21** | | **10 ** | **ENVISION HEALTHCARE TL B** | **-1.79%** | **94.59** | **96.32** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 4/26/19 - 5/3/19    ![Avg Bid PX by Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2019-5-6/Avg%20Bid%20PX%20by%20Sector%20-%205.6.19.png?width=640&name=Avg%20Bid%20PX%20by%20Sector%20-%205.6.19.png) - Displays the average loan bid price by sector for the period between 4/26/19 - 5/3/19 - 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/2019-5-6/Sentiment%20-%205.6.19.png?width=640&name=Sentiment%20-%205.6.19.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 4/26/19 - 5/3/19 | **TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR WEEK** | **THIS WEEK** | **INCREASE** | **% INCREASE** | | **1** | **ACTION NEDERLAND BV EUR TL B** | **38** | **79** | **41** | **108%** | | **2** | **OBERTHUR TECHNOLOGIES SA EUR TL B1** | **32** | **71** | **39** | **122%** | | **3** | **EIRCOM FDG EUR TL B6** | **39** | **75** | **36** | **92%** | | **4** | **ZIGGO EUR TL F** | **48** | **84** | **36** | **75%** | | **5** | **STYROLUTION EUR TL B** | **26** | **60** | **34** | **131%** | | **6** | **FINANCIAL & RISK US HOLDINGS INC EUR TL B** | **26** | **60** | **34** | **131%** | | **7** | **OGF SA EUR TL B** | **44** | **78** | **34** | **77%** | | **8** | **INEOS FIN EUR TL B** | **34** | **68** | **34** | **100%** | | **9** | **AMEDEO MSN 157 EUR TL B** | **34** | **66** | **32** | **94%** | | **10** | **INOVYN EUR TL B** | **28** | **58** | **30** | **107%** | - Exhibits the loans with the largest increase in quote volume for the week ending 4/26/19 vs. the week ending 5/3/19 | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **SEADRILL PARTNERS LLC EXT TL B** | **15** | | **2** | **UFC TL** | **10** | | **3** | **BUCCANEER TL** | **10** | | **4** | **LIGHTSQUARED EXIT PIK TL** | **10** | | **5** | **TRANSDIGM INC. TL G** | **10** | | **6** | **TRANSDIGM INC. TL F** | **10** | | **7** | **TRANSDIGM INC. TL E** | **10** | | **8** | **BMC SOFTWARE TL B** | **10** | | **9** | **INTERNET BRANDS TL** | **10** | | **10** | **JBS USA TL B** | **10** | - Ranks the loans that were quoted by the highest number of dealers for the period between 4/26/19 - 5/3/19    ![Bid and Offer Volume](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2019-5-6/Bid%20and%20Offer%20Volume%20-%205.6.19.png?width=640&name=Bid%20and%20Offer%20Volume%20-%205.6.19.png) - Reveals the total number of quotes by bid and offer for the period between 4/26/19 - 5/3/19    ![Sector Bid Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/2019-5-6/Sector%20Bid%20Offer%20Spread%20-%205.6.19.png?width=640&name=Sector%20Bid%20Offer%20Spread%20-%205.6.19.png) - Displays the bid-offer spread by sector between 4/26/19 - 5/3/19 - 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) - [Management Team](http://www.solveadvisors.com/MeetOurTeam.aspx) - [In the Press](http://www.solveadvisors.com/InThePress.aspx) - [Blog](https://blog.solveadvisors.com) - [Contact Us](https://info.solveadvisors.com/contactus) Copyright © 2011-2021 Solve Advisors Inc. 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