---
title: Monthly Syndicated Bank Loan Market Summary - July 2018
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)

# [Monthly Syndicated Bank Loan Market Summary - July 2018](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-aug-6-2018)

 Written by [Michael Pellerito](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/author/michael-pellerito) | Aug 6, 2018 12:30:00 PM

Solve Advisor's **monthly 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 month of July 2018 versus June 2018.  In the tables and charts below, you'll find:

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

 

| **TOP 10 WINNERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** |
| **1** | **AMERICAN TIRE TL B** | **10.79%** | **71.20** | **64.26** |
| **2** | **ECO-BAT PIK EUR TL** | **9.89%** | **39.04** | **35.53** |
| **3** | **SKILLSOFT EXT 2ND LIEN TL** | **6.61%** | **88.69** | **83.19** |
| **4** | **EASTMAN KODAK EXIT TL** | **4.48%** | **97.05** | **92.88** |
| **5** | **SEADRILL PARTNERS LLC EXT TL B** | **4.28%** | **93.44** | **89.61** |
| **6** | **ACOSTA TL B** | **3.50%** | **76.67** | **74.08** |
| **7** | **CENGAGE TL** | **3.32%** | **94.43** | **91.40** |
| **8** | **DEL MONTE FOODS CO TL** | **3.30%** | **86.86** | **84.09** |
| **9** | **SKILLSOFT EXT TL** | **2.72%** | **96.62** | **94.07** |
| **10** | **DAVID'S BRIDAL TL B** | **2.62%** | **90.86** | **88.54** |

- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 7/1/18 - 7/31/18

| **TOP 10 LOSERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| Rank | Loan | Chg | Price | Price - 1M |
| **1** | **MONTREIGN RESORT CASINO TL** | **-9.26%** | **88.01** | **97.00** |
| **2** | **FLAKT WOODS EUR TL B** | **-8.29%** | **87.22 ** | **95.11 ** |
| **3** | **SOUTHCROSS ENERGY LLC PROPCO TL B** | **-7.64%** | **87.70 ** | **94.95 ** |
| **4** | **REVLON TL B** | **-5.77%** | **73.16 ** | **77.64 ** |
| **5** | **PIER 1 TL B** | **-5.08%** | **86.00 ** | **90.60 ** |
| **6** | **WINEBOW TL B** | **-5.05%** | **90.94 ** | **95.77 ** |
| **7** | **RENTPATH 2ND LIEN TL** | **-4.70%** | **82.17 ** | **86.22 ** |
| **8** | **AIR METHODS TL** | **-4.32%** | **91.66 ** | **95.79 ** |
| **9** | **KALLE EUR TL** | **-4.30%** | **85.15 ** | **88.98 ** |
| **10** | **ADVANTAGE SALES 2ND LIEN TL** | **-4.06%** | **87.30 ** | **91.00 ** |

- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 7/1/18 - 7/31/18

 

 

 

- Displays the average loan bid price by sector for the period between 7/1/18 - 7/31/18 
    - 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 7/1/18 - 7/31/18

| **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** |
| **1** | **ALBERTSONS TL B5** | **68** | **195** | **127** | **187%** |
| **2** | **DOUGLAS DYNAMICS TL B** | **101** | **205** | **104** | **103%** |
| **3** | **DEOLEO EUR TL B** | **60** | **160** | **100** | **167%** |
| **4** | **TECTUM HOLDINGS INC TL** | **2** | **92** | **90** | **4500%** |
| **5** | **ON SEMI TL B** | **139** | **224** | **85** | **61%** |
| **6** | **TELENET TL A** | **163** | **245** | **82** | **50%** |
| **7** | **ARISTOCRAT TL B** | **138** | **216** | **78** | **57%** |
| **8** | **PLAYA RESORTS TL B** | **90** | **162** | **72** | **80%** |
| **9** | **ORTHO-CLINICAL TL B** | **95** | **165** | **70** | **74%** |
| **10** | **INTELSAT TL B3** | **161** | **220** | **59** | **37%** |

- Exhibits the loans with the largest increase in quote volume for the month ending 6/30/18 vs. the month ending 7/31/18
- Includes only loans outstanding

| **MOST QUOTED LOANS** |  |  |
| --- | --- | --- |
| **RANK** | **TRANCHE** | **DEALERS** |
| **1** | **UPC TL** | **10** |
| **2** | **MISYS TL B** | **9** |
| **3** | **NTL CABLE PLC TL K** | **9** |
| **4** | **SOLERA TL B** | **9** |
| **5** | **DELL TL B** | **8** |
| **6** | **SOLARWINDS TL** | **8** |
| **7** | **ALLISON TRANSMISSION TL B** | **8** |
| **8** | **CEVA SANTE ANIMALE EUR TL B** | **8** |
| **9** | **STATION CASINO TL B** | **7** |
| **10** | **INFOR TL B** | **7** |

- Ranks the loans that were quoted by the highest number of dealers for the period between 7/1/18 - 7/31/18

 

 

- Reveals the total number of quotes by bid and offer for the period between 7/1/18 - 7/31/18

 

- Displays the bid-offer spread by sector between 7/1/18 - 7/31/18 
    - 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/monthly-aug-6-2018)

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