--- title: Monthly Syndicated Bank Loan Market Summary - November 2019 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/Monthly/2019-Oct/Avg%20Bid%20PX%20by%20Sector%20-%20October%202019v3.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%2Fmonthly-dec-2-2019%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%2Fmonthly-dec-2-2019%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%2Fmonthly-dec-2-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmonthly-dec-2-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Monthly%20Syndicated%20Bank%20Loan%20Market%20Summary%20-%20November%202019) # Monthly Syndicated Bank Loan Market Summary - November 2019 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), December 02, 2019 [![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) [![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) --- ## Our monthly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a monthly period. 1. [Top 10 Loan Price Winners](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-dec-2-2019#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **ACCUVANT 2ND LIEN TL** | **22.45%** | **61.23** | **50.00** | | **2** | **PHILADELPHIA ENERGY TL B** | **19.11%** | **35.73** | **30.00** | | **3** | **ASCENA RETAIL TL B** | **15.72%** | **60.64** | **52.40** | | **4** | **ACADEMY SPORTS TL B** | **11.52%** | **74.58** | **66.88** | | **5** | **GTT COMMUNICATIONS EUR TL B** | **9.52%** | **88.83** | **81.11** | | **6** | **CAMPING WORLD TL B** | **8.60%** | **89.57** | **82.48** | | **7** | **STEINHOFF EUROPE AG 2ND LIEN EUR TL** | **8.45%** | **66.16** | **61.00** | | **8** | **DEL MONTE 2ND LIEN TL** | **6.99%** | **82.53** | **77.14** | | **9** | **PETCO TL B** | **6.09%** | **79.00** | **74.47** | | **10** | **AMMERAAL BELTECH EUR TL B** | **4.70%** | **96.51** | **92.18** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 11/1/19 - 11/30/19 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **SOUTHERN GRAPHICS 2ND LIEN TL** | **-40.84%** | **25.11** | **42.45** | | **2** | **SECURUS 2ND LIEN TL** | **-33.31%** | **45.35** | **68.01** | | **3** | **IMAGINE! TL** | **-30.30%** | **43.22** | **62.01** | | **4** | **MURRAY ENERGY TL B3** | **-29.83%** | **22.86** | **32.58** | | **5** | **LONGVIEW POWER EXIT TL B** | **-29.13%** | **54.22** | **76.50** | | **6** | **EXELA TL B** | **-28.78%** | **38.00** | **53.36** | | **7** | **LIGHTSQUARED EXIT PIK TL** | **-25.30%** | **57.74** | **77.29** | | **8** | **UTEX 2ND LIEN TL** | **-24.47%** | **51.24** | **67.84** | | **9** | **HOLLAND & BARRETT GBP TL B** | **-23.41%** | **47.91** | **62.56** | | **10** | **CHIEF POWER TL B** | **-22.96%** | **54.46** | **70.70** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 11/1/19 - 11/30/19    ![Avg Bid PX by Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019-November/Avg%20Bid%20PX%20by%20Sector%20-%20November%202019.png?width=640&name=Avg%20Bid%20PX%20by%20Sector%20-%20November%202019.png)   - Displays the average loan bid price by sector for the period between 11/1/19 - 11/30/19 - 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/Monthly/2019-November/Sentiment%20-%20November%202019.png?width=640&name=Sentiment%20-%20November%202019.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 11/1/19 - 11/30/19 | **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** | | **1** | **RELIANCE INDUSTRIES TL** | **2** | **42** | **40** | **2000%** | | **2** | **INDONESIA EXIMBANK TL A** | **4** | **40** | **36** | **900%** | | **3** | **LEONARDO EUR REV** | **8** | **42** | **34** | **425%** | | **4** | **OLAM REV** | **8** | **42** | **34** | **425%** | | **5** | **CERBA HEALTHCARE EUR TL B2** | **2** | **36** | **34** | **1700%** | | **6** | **ANASTASIA BEVERLY HILLS TL B** | **93** | **124** | **31** | **33%** | | **7** | **ARCADIS TL** | **14** | **42** | **28** | **200%** | | **8** | **CHROMAFLO TL B2** | **12** | **40** | **28** | **233%** | | **9** | **MOTOR FUEL EUR TL B** | **36** | **64** | **28** | **78%** | | **10** | **PARTNER IN PET FOOD EUR TL B** | **15** | **42** | **27** | **180%** | - Exhibits the loans with the largest increase in quote volume for the month ending 10/31/19 vs. the month ending 11/30/19 - Includes only loans outstanding | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **VERISURE MIDHOLDING AB EUR TL B1** | **16** | | **2** | **NORD ANGLIA EDUCATION FINANC EUR TL B** | **15** | | **3** | **SIGMA BIDCO TL B** | **15** | | **4** | **BMC SOFTWARE TL B** | **14** | | **5** | **AKZONOBEL SPECIALTY CHEMICALS EUR TL B** | **14** | | **6** | **DORNA SPORTS EUR TL B** | **14** | | **7** | **VICI PROPERTIES TL B** | **14** | | **8** | **ZIGGO EUR TL H** | **14** | | **7** | **ENVISION HEALTHCARE TL B** | **14** | | **10** | **RCN GRANDE TL B** | **14** | - Ranks the loans that were quoted by the highest number of dealers for the period between 11/1/19 - 11/30/19    ![Bid and Offer Volume](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019-November/Bid%20and%20Offer%20Volume%20-%20November%202019.png?width=640&name=Bid%20and%20Offer%20Volume%20-%20November%202019.png) - Reveals the total number of quotes by bid and offer for the period between 11/1/19 - 11/30/19   ![Sector Bid Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019-November/Sector%20Bid%20Offer%20Spread%20-%20November%202019.png?width=640&name=Sector%20Bid%20Offer%20Spread%20-%20November%202019.png) - Displays the bid-offer spread by sector between 11/1/19 - 11/30/19 - 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 +1 646-699-5041.***   - [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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