Solve Advisor's monthly loan newsletter highlights trends in the Syndicated Bank Loan market.
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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 2018 versus May 2018. In the tables and charts below, you'll find:
- 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 |
EDDIE BAUER TL B |
10.64% |
79.06 |
71.45 |
2 |
PETSMART TL B |
6.69% |
82.62 |
77.44 |
3 |
NBTY TL |
5.46% |
93.24 |
88.42 |
4 |
HARVEY GULF TL B |
3.80% |
42.33 |
40.78 |
5 |
HOMER CITY TL B |
3.53% |
92.85 |
89.69 |
6 |
SEADRILL PARTNERS LLC EXT TL B |
2.97% |
89.61 |
87.02 |
7 |
PETCO TL B |
2.36% |
71.65 |
69.99 |
8 |
MURRAY ENERGY TL B3 |
2.04% |
94.25 |
92.36 |
9 |
SHERIDAN PRODUCTION PARTNERS II TL B |
1.76% |
89.87 |
88.32 |
10 |
CTI FOODS 2ND LIEN TL |
2.12% |
75.57 |
74.00 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 6/1/18 - 6/30/18
TOP 10 LOSERS |
Rank |
Loan |
Chg |
Price |
Price - 1M |
1 |
AMERICAN TIRE TL B |
-26.10% |
64.26 |
86.96 |
2 |
SERTA SIMMONS 2ND LIEN TL |
-12.61% |
66.21 |
75.76 |
3 |
ACOSTA TL B |
-6.97% |
74.08 |
79.63 |
4 |
CATALINA MARKETING TL B |
-6.83% |
63.42 |
68.07 |
5 |
SGB-SMIT EUR TL B |
-6.47% |
88.26 |
94.37 |
6 |
VERITAS EUR TL B |
-6.30% |
91.44 |
97.58 |
7 |
SYNARC BIOCORE 2ND LIEN TL |
-4.79% |
94.50 |
99.25 |
8 |
SOUTHCROSS ENERGY LLC PROPCO TL B |
-3.85% |
94.95 |
98.75 |
9 |
RENTPATH TL |
-3.82% |
90.78 |
94.39 |
10 |
AIR METHODS TL |
-3.62% |
95.79 |
99.39 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 6/1/18 - 6/30/18
- Displays the average loan bid price by sector for the period between 6/1/18 - 6/30/18
- 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 6/1/18 - 6/30/18
TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH |
RANK |
TRANCHE |
PRIOR MONTH
|
THIS MONTH
|
INCREASE |
% INCREASE |
1 |
LABORATORIOS EUR TL B |
8 |
146 |
138 |
1725% |
2 |
EPHIOS BONDCO EUR TL B |
8 |
141 |
133 |
1663% |
3 |
DIAVERUM 2ND LIEN EUR TL |
12 |
120 |
108 |
900% |
4 |
BERLIN PACKAGING TL B |
104 |
188 |
84 |
81% |
5 |
AVOLON TL B3 |
165 |
240 |
75 |
45% |
6 |
ACOSTA TL B |
100 |
170 |
70 |
70% |
7 |
UNITY MEDIA GMBH EUR TL C |
126 |
195 |
69 |
55% |
8 |
CITYCENTER TL B |
59 |
127 |
68 |
115% |
9 |
SIVANTOS EUR TL B |
48 |
104 |
56 |
117% |
10 |
EDGEWOOD PARTNERS TL B |
1 |
54 |
53 |
5300% |
- Exhibits the loans with the largest increase in quote volume for the month ending 5/31/18 vs. the month ending 6/30/18
- Includes only loans outstanding
MOST QUOTED LOANS |
RANK |
TRANCHE |
DEALERS |
1 |
CLARIVATE ANALYTICS TL |
11 |
2 |
ENGILITY TL B2 |
10 |
3 |
ZAYO TL B1 |
9 |
4 |
VANTIV INC TL B4 |
9 |
5 |
WEX MED CORP TL B |
9 |
6 |
AMWINS 2ND LIEN TL |
8 |
7 |
FLINT GROUP EUR TL B |
8 |
8 |
RACKSPACE HOSTING TL B |
8 |
9 |
NUMERICABLE TL B12 |
8 |
10 |
SPRINGER NATURE TL B13 |
8 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 6/1/18 - 6/30/18
- Reveals the total number of quotes by bid and offer for the period between 6/1/18 - 6/30/18
- Displays the bid-offer spread by sector between 6/1/18 - 6/30/18
- 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 or 646-699-5041.