Our monthly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a monthly period.
- Top 10 Loan Price Winners
- Top 10 Loan Price Losers
- Average Bid Price (By industry sector)
- Market Sentiment
- Top Quote Volume Movers
- Most Quoted Loans
- Bid and Offer Volume
- Bid Offer Spread (By industry sector)
| TOP 10 WINNERS | ||||
| Rank | Loan | Chg | Price | Price - 1M |
| 1 | IMAGINE! TL | 20.85% | 41.07 | 33.98 |
| 2 | HOLLAND & BARRETT EUR TL B | 19.59% | 69.39 | 58.02 |
| 3 | JORDAN HEALTH TL | 17.29% | 84.99 | 72.46 |
| 4 | UTEX TL B | 17.23% | 85.14 | 72.63 |
| 5 | RODAN & FIELDS TL B | 15.77% | 68.45 | 59.13 |
| 6 | ACCUVANT 2ND LIEN TL | 11.41% | 70.05 | 62.88 |
| 7 | FIELDWOOD ENERGY EXIT 2ND LIEN TL | 10.86% | 60.97 | 55.00 |
| 8 | NEIMAN MARCUS EXT TL | 9.32% | 85.00 | 77.75 |
| 9 | MOXIE LIBERTY LLC TL B1 | 9.21% | 95.88 | 87.80 |
| 10 | SKILLSOFT EXT TL | 8.56% | 83.14 | 76.59 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 1/1/20 - 1/31/20
| TOP 10 LOSERS | ||||
| Rank | Loan | Chg | Price | Price - 1M |
| 1 | CONSTELLIS HOLDINGS LLC TL | -52.48% | 23.21 | 48.83 |
| 2 | SAVE A LOT TL B | -40.85% | 20.76 | 35.10 |
| 3 | HORNBECK OFFSHORE SVCS INC NEW 2ND LIEN TL | -27.07% | 51.05 | 70.00 |
| 4 | ISAGENIX TL | -19.53% | 55.72 | 69.25 |
| 5 | IQOR 2ND LIEN TL | -12.62% | 53.48 | 61.20 |
| 6 | ARRAY CANADA TL B | -12.54% | 69.80 | 79.80 |
| 7 | LIBBEY GLASS TL B | -8.51% | 74.11 | 81.00 |
| 8 | IMPERVA 2ND LIEN TL | -6.85% | 85.59 | 91.88 |
| 9 | SUNGARD AVAIL SERV CAP EXIT DD TL | -6.75% | 89.99 | 96.50 |
| 10 | FEECO TL | -6.46% | 93.26 | 99.70 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 1/1/20 - 1/31/20
- Displays the average loan bid price by sector for the period between 1/1/20 - 1/31/20
- 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 1/1/20 - 1/31/20
| TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH | |||||
| RANK | TRANCHE |
PRIOR MONTH |
THIS MONTH |
INCREASE | % INCREASE |
| 1 | ENVISION HEALTHCARE TL B | 140 | 257 | 117 | 84% |
| 2 | UNITED NATURAL FOODS TL B | 87 | 200 | 113 | 130% |
| 3 | VERITAS TL B1 | 25 | 135 | 110 | 440% |
| 4 | JBS USA TL B | 46 | 154 | 108 | 235% |
| 5 | GTT COMMUNICATIONS TL B | 152 | 255 | 103 | 68% |
| 6 | COOPER STANDARD TL B | 154 | 254 | 100 | 65% |
| 7 | PARTY CITY TL B | 174 | 274 | 100 | 57% |
| 8 | VISTRA ENERGY TL B3 | 146 | 243 | 97 | 66% |
| 9 | HARLAND CLARKE TL B7 | 133 | 230 | 97 | 73% |
| 10 | RACKSPACE HOSTING TL B | 144 | 239 | 95 | 66% |
- Exhibits the loans with the largest increase in quote volume for the month ending 12/31/19 vs. the month ending 1/31/20
- Includes only loans outstanding
| MOST QUOTED LOANS | ||
| RANK | TRANCHE | DEALERS |
| 1 | VERISURE MIDHOLDING AB EUR TL B1 | 15 |
| 2 | WEBHELP EUR TL B | 15 |
| 3 | SERTA SIMMONS TL | 14 |
| 4 | DORNA SPORTS EUR TL B | 14 |
| 5 | LUMILEDS TL B | 14 |
| 6 | SIGMA BIDCO EUR TL B | 14 |
| 7 | CEVA SANTE ANIMALE EUR TL B | 14 |
| 8 | FRONERI EUR TL B | 14 |
| 7 | GRIFOLS WORLDWIDE EUR TL B | 13 |
| 10 | SEADRILL PARTNERS LLC EXT TL B | 13 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 1/1/20 - 1/31/20
- Reveals the total number of quotes by bid and offer for the period between 1/1/20 - 1/31/20
- Displays the bid-offer spread by sector between 1/1/20 - 1/31/20
- 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 or +1 646-699-5041.
