---
title: Monthly Syndicated Bank Loan Market Summary - June 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!
---

[Solve Advisors Syndicated Bank Loan Market Summaries](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary)

# [Monthly Syndicated Bank Loan Market Summary - June 2019](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-july-1-2019)

 Written by [Michael Pellerito](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/author/michael-pellerito) | Jul 1, 2019 2:55:31 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 June 2019 versus May 2019.  In the tables and charts below, you'll find:

1. [Top 10 Loan Price Winners](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#winners)
2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#Top10Losers)
3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#AvBidPX) (By industry sector)
4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#Sentiment)
5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#Movers)
6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#MostQuoted)
7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#BidOfferVolume)
8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-july-1-2019#Spread) (By industry sector)

 

| **TOP 10 WINNERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** |
| **1** | **DEOLEO EUR TL B** | **22.78%** | **37.25** | **30.34** |
| **2** | **SKILLSOFT EXT 2ND LIEN TL** | **14.28%** | **34.71** | **30.37** |
| **3** | **CELSA GROUP EUR TL** | **6.95%** | **80.21** | **75.00** |
| **4** | **99 CENTS ONLY EXT PIK TL B** | **6.27%** | **91.19** | **85.81** |
| **5** | **ADVANTAGE SALES 2ND LIEN TL** | **6.15%** | **79.10** | **74.52** |
| **6** | **IEA TL** | **4.65%** | **92.14** | **88.04** |
| **7** | **PACIFIC GAS AND ELECTRIC COMPANY DIP REV** | **4.38%** | **97.15** | **93.08** |
| **8** | **CONCORDIA HEALTHCARE TL** | **4.02%** | **96.98** | **93.22** |
| **9** | **WINEBOW TL B** | **3.95%** | **89.51** | **86.11** |
| **10** | **MACDONALD DETTWILER TL B** | **3.51%** | **89.81** | **86.76** |

- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/1/19 - 6/30/19

| **TOP 10 LOSERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** |
| **1** | **HEALOGICS 2ND LIEN TL** | **-44.37%** | **34.86** | **62.66** |
| **2** | **DITECH EXIT TL B** | **-24.64%** | **43.18** | **57.30** |
| **3** | **ASCENA RETAIL TL B** | **-21.43%** | **66.52** | **84.66** |
| **4** | **GAVILAN RESOURCES 2ND LIEN TL** | **-20.32%** | **58.97** | **74.01** |
| **5** | **ACOSTA TL B** | **-13.01%** | **36.30** | **41.73** |
| **6** | **SOUTHCROSS PROPCO TL B** | **-12.96%** | **69.53** | **79.88** |
| **7** | **MURRAY ENERGY TL B2** | **-12.20%** | **68.16** | **77.63** |
| **8** | **MITEL NETWORKS 2ND LIEN TL** | **-10.45%** | **87.77** | **98.01** |
| **9** | **KCA DEUTAG TL B** | **-10.36%** | **75.33** | **84.04** |
| **10** | **JO-ANN STORES TL B** | **-10.31%** | **88.57** | **98.75** |

- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/1/19 - 6/30/19

 

 

 

- Displays the average loan bid price by sector for the period between 6/1/19 - 6/30/19 
    - 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 6/1/19 - 6/30/19

| **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** |
| **1** | **EIRCOM FDG EUR TL B5** | **94** | **202** | **108** | **115%** |
| **2** | **USI HOLDINGS TL B** | **85** | **170** | **85** | **100%** |
| **3** | **HARLAND CLARKE TL B7** | **160** | **243** | **83** | **52%** |
| **4** | **JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY TL** | **107** | **186** | **79** | **74%** |
| **5** | **PREMIER OIL REV** | **42** | **109** | **67** | **160%** |
| **6** | **VERIFONE TL B** | **83** | **149** | **66** | **80%** |
| **7** | **NATIONAL VET TL B** | **50** | **114** | **64** | **128%** |
| **8** | **JBS USA TL B** | **211** | **274** | **63** | **30%** |
| **9** | **NETS HOLDINGS EUR TL B** | **4** | **66** | **62** | **1550%** |
| **10** | **DAE AVIATION TL** | **50** | **111** | **61** | **122%** |

- Exhibits the loans with the largest increase in quote volume for the month ending 5/31/19 vs. the month ending 6/30/19
- Includes only loans outstanding

| **MOST QUOTED LOANS** |  |  |
| --- | --- | --- |
| **RANK** | **TRANCHE** | **DEALERS** |
| **1** | **HILTON TL B2** | **12** |
| **2** | **NIDDA HEALTHCARE HOLDING GMBH EUR TL C** | **12** |
| **3** | **EPHIOS BONDCO EUR TL B** | **11** |
| **4** | **MACDONALD DETTWILER TL B** | **11** |
| **5** | **EPICOR SOFTWARE TL B** | **10** |
| **6** | **BUCCANEER TL** | **10** |
| **7** | **MONITRONICS TL B2** | **10** |
| **8** | **AIR METHODS TL** | **10** |
| **7** | **WEST CORP TL B1** | **10** |
| **10** | **INTERNET BRANDS TL** | **10** |

- Ranks the loans that were quoted by the highest number of dealers for the period between 6/1/19 - 6/30/19

 

 

- Reveals the total number of quotes by bid and offer for the period between 6/1/19 - 6/30/19

 

- Displays the bid-offer spread by sector between 6/1/19 - 6/30/19 
    - 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?***

 

***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-july-1-2019)

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