--- title: Monthly Syndicated Bank Loan Market Summary - January 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! image: https://blog.solvefixedincome.com/hubfs/Loan%20Summaries/Monthly/2018-Jan/Bid%20and%20Offer%20Volume.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-feb-5-2018%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-feb-5-2018%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-feb-5-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmonthly-feb-5-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Monthly%20Syndicated%20Bank%20Loan%20Market%20Summary%20-%20January%202018) # Monthly Syndicated Bank Loan Market Summary - January 2018 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), February 05, 2018 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 month of January 2018 versus December 2017.  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-feb-5-2018#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-feb-5-2018#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-feb-5-2018#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-feb-5-2018#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-feb-5-2018#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-feb-5-2018#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-feb-5-2018#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-feb-5-2018#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **HARVEY GULF TL B** | **21.10%** | **44.85** | **37.04** | | **2** | **LONGVIEW POWER EXIT TL B** | **19.06%** | **80.50** | **67.62** | | **3** | **JCREW TL B** | **16.09%** | **69.75** | **60.08** | | **4** | **INNOCOR 2ND LIEN TL** | **13.12%** | **90.50** | **80.00** | | **5** | **PGS TL B** | **10.07%** | **91.29** | **82.93** | | **6** | **SERTA SIMMONS 2ND LIEN TL** | **9.19%** | **93.09** | **85.26** | | **7** | **AZURE MIDSTREAM TL B** | **7.24%** | **94.67** | **88.28** | | **8** | **GLOBAL KNOWLEDGE TL** | **7.12%** | **82.76** | **77.26** | | **9** | **COLE HAAN TL B** | **5.93%** | **97.61** | **92.15** | | **10** | **GNC TL B** | **5.45%** | **88.87** | **84.27** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 1/1/18 - 1/31/18 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **DIXIE ELECTRIC TL B** | **-8.52%** | **53.06** | **58.00** | | **2** | **LIGHTSQUARED EXIT 2ND LIEN TL** | **-3.71%** | **57.97 ** | **60.21 ** | | **3** | **FLINT GROUP 2ND LIEN EUR TL** | **-2.91%** | **76.09 ** | **78.37 ** | | **4** | **SCHUMACHER GROUP 2ND LIEN TL** | **-2.62%** | **93.06 ** | **95.56 ** | | **5** | **HUDSON'S BAY TL B** | **-1.49%** | **96.32 ** | **97.77 ** | | **6** | **BIOPLAN TL** | **-1.39%** | **95.78 ** | **97.14** | | **7** | **MEDIQ INC EUR TL B** | **-1.28%** | **98.26 ** | **99.53 ** | | **8** | **SUTHERLAND GLOBAL SVCS INC TL B** | **-1.20%** | **94.54 ** | **95.68 ** | | **9** | **TRIDENT HEALTH TL B** | **-1.19%** | **78.55 ** | **79.50 ** | | **10** | **ACOSTA TL B** | **-1.08%** | **86.64 ** | **87.59 ** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 1/1/18 - 1/31/18    ![Average Bid PX By Sector.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Jan/Average%20Bid%20PX%20By%20Sector.png?width=640&name=Average%20Bid%20PX%20By%20Sector.png)   - Displays the average loan bid price by sector for the period between 1/1/18 - 1/31/18 - Results are based on 5 select industry sectors, however, we offer data across 36 sectors    ![Sentiment.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Jan/Sentiment.png?width=640&name=Sentiment.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 1/1/18 - 1/31/18 | **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** | | **1** | **ON SEMI TL B** | **19** | **290** | **271** | **1426%** | | **2** | **TELENET TL A** | **118 ** | **295 ** | **177 ** | **150% ** | | **3** | **AVOLON TL B1** | **42 ** | **202 ** | **160 ** | **381% ** | | **4** | **ALTICE FINANCING TL B** | **16 ** | **167 ** | **151 ** | **944% ** | | **5** | **ESH HOSPITALITY TL B** | **88 ** | **215 ** | **127 ** | **144% ** | | **6** | **MICROSEMI TL B** | **147 ** | **270 ** | **123 ** | **84% ** | | **7** | **CLARIVATE ANALYTICS TL** | **41 ** | **162 ** | **121 ** | **295%** | | **8** | **GATES GLOBAL TL B** | **136 ** | **254 ** | **118 ** | **87% ** | | **9** | **SPRINGER NATURE TL B13** | **212 ** | **327 ** | **115 ** | **54% ** | | **10** | **TRANSDIGM INC TL E** | **161 ** | **276 ** | **115 ** | **71% ** | - Exhibits the loans with the largest increase in quote volume for the month ending 12/31/17 vs. the month ending 1/31/18 - Includes only loans outstanding | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **DELL TL B** | **13** | | **2** | **GARDNER DENVER TL B** | **11** | | **3** | **INFORMATICA TL B** | **10** | | **4** | **ABC SUPPLY TL** | **9** | | **5** | **KRONOS TL B** | **9** | | **6** | **NUMERICABLE TL B12** | **9** | | **7** | **TRAVELPORT TL** | **9** | | **8** | **JCREW TL B** | **9** | | **9** | **GATES GLOBAL TL B** | **9** | | **10** | **TELENET TL A** | **9** | - Ranks the loans that were quoted by the highest number of dealers for the period between 1/1/18 - 1/31/18   ![Bid and Offer Volume.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Jan/Bid%20and%20Offer%20Volume.png?width=640&name=Bid%20and%20Offer%20Volume.png) - Reveals the total number of quotes by bid and offer for the period between 1/1/18 - 1/31/18   ![Sector Bid Offer Spread.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Jan/Sector%20Bid%20Offer%20Spread.png?width=640&name=Sector%20Bid%20Offer%20Spread.png) - Displays the bid-offer spread by sector between 1/1/18 - 1/31/18 - 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?***  [![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) - 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