--- title: Monthly Syndicated Bank Loan Market Summary - May 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%20-%20April/Avg%20Bid%20PX%20by%20Sector%20-%20April%202019v2.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-june-3-2019%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-june-3-2019%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-june-3-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmonthly-june-3-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Monthly%20Syndicated%20Bank%20Loan%20Market%20Summary%20-%20May%202019) # Monthly Syndicated Bank Loan Market Summary - May 2019 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), June 03, 2019 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?***  [![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 May 2019 versus April 2019.  In the tables and charts below, you'll find: 1. [Top 10 Loan Price Winners](https://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-june-3-2019/%20http://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#Top10Losers) 3. [Average Bid Price](https://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#Sentiment) 5. [Top Quote Volume Movers](https://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#Movers) 6. [Most Quoted Loans](https://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#MostQuoted) 7. [Bid and Offer Volume](https://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solveadvisors.com/syndicated-bank-loan-market-monthly-summary-june-3-2019#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **BUMI RESOURCES TL** | **19.25%** | **76.75** | **64.36** | | **2** | **LDISCOVERY 2ND LIEN TL** | **15.28%** | **99.71** | **86.50** | | **3** | **YAK MAT TL B** | **8.64%** | **93.72** | **86.27** | | **4** | **NBTY 2ND LIEN TL** | **6.71%** | **87.96** | **82.42** | | **5** | **CPI CARD GROUP TL B** | **5.71%** | **77.84** | **73.64** | | **6** | **KETER GROUP EUR TL B** | **5.22%** | **86.77** | **82.47** | | **7** | **SLV GROUP GMBH EUR TL B** | **5.19%** | **90.49** | **86.02** | | **8** | **SAFE FLEET 2ND LIEN TL** | **4.59%** | **97.02** | **92.76** | | **9** | **RADIATION THERAPY SERVICES TL B** | **4.48%** | **87.00** | **83.27** | | **10** | **BLUESTEM EXT TL B** | **4.07%** | **75.00** | **72.06** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 5/1/19 - 5/31/19 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **DONCASTERS 2ND LIEN TL** | **-28.71%** | **25.79** | **36.17** | | **2** | **JOERNS HEALTHCARE TL B** | **-13.55%** | **73.49** | **85.00** | | **3** | **DUEMMEN ORANGE EUR TL** | **-13.38%** | **70.78** | **81.71** | | **4** | **CONSTELLIS HOLDINGS LLC 2ND LIEN TL** | **-11.17%** | **83.32** | **93.80** | | **5** | **NPC 2ND LIEN TL** | **-10.02%** | **65.00** | **72.24** | | **6** | **DITECH EXIT TL B** | **-9.14%** | **57.30** | **63.06** | | **7** | **DIVERSEY EUR TL** | **-8.64%** | **90.40** | **98.95** | | **8** | **RGIS TL** | **-7.74%** | **76.78** | **83.22** | | **9** | **CASA SYSTEMS TL** | **-7.25%** | **90.98** | **98.00** | | **10** | **PRINCE TL** | **-7.23%** | **91.38** | **98.50** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 5/1/19 - 5/31/19    ![Avg Bid PX by Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019-May/Avg%20Bid%20PX%20by%20Sector%20-%20May%202019.png?width=640&name=Avg%20Bid%20PX%20by%20Sector%20-%20May%202019.png)   - Displays the average loan bid price by sector for the period between 5/1/19 - 5/31/19 - 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-May/Sentiment%20-%20May%202019.png?width=640&name=Sentiment%20-%20May%202019.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 5/1/19 - 5/31/19 | **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** | | **1** | **DAE AVIATION TL** | **36** | **178** | **142** | **394%** | | **2** | **HYPERION TL B** | **137** | **240** | **103** | **75%** | | **3** | **SWISSPORT EUR TL** | **80** | **183** | **103** | **129%** | | **4** | **VERISURE MIDHOLDING AB EUR TL B1** | **192** | **287** | **95** | **49%** | | **5** | **EIRCOM FDG EUR TL B5** | **0** | **94** | **94** | **N/A** | | **6** | **CEVA SANTE ANIMALE EUR TL B** | **206** | **292** | **86** | **42%** | | **7** | **COHERENT INC EUR TL B** | **101** | **187** | **86** | **85%** | | **8** | **DELACHAUX EUR TL B1** | **74** | **158** | **84** | **114%** | | **9** | **INEOS FIN EUR TL B** | **233** | **316** | **83** | **36%** | | **10** | **SIVANTOS EUR TL B** | **148** | **230** | **82** | **55%** | - Exhibits the loans with the largest increase in quote volume for the month ending 4/30/19 vs. the month ending 5/31/19 - Includes only loans outstanding | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **NRG ENERGY TL B** | **13** | | **2** | **SS&C TECH TL B3** | **12** | | **3** | **ALLISON TRANSMISSION TL B3** | **12** | | **4** | **VF HOLDINGS CORP TL B** | **11** | | **5** | **EPICOR SOFTWARE TL B** | **11** | | **6** | **COMMUNICATIONS S&L TL B** | **10** | | **7** | **APPLIED SYSTEMS TL B** | **10** | | **8** | **MONITRONICS TL B2** | **10** | | **7** | **BASS PRO SHOPS TL B** | **10** | | **10** | **STAPLES TL** | **10** | - Ranks the loans that were quoted by the highest number of dealers for the period between 5/1/19 - 5/31/19    ![Bid and Offer Volume](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019-May/Bid%20and%20Offer%20Volume%20-%20May%202019.png?width=640&name=Bid%20and%20Offer%20Volume%20-%20May%202019.png) - Reveals the total number of quotes by bid and offer for the period between 5/1/19 - 5/31/19   ![Sector Bid Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019-May/Sector%20Bid%20Offer%20Spread%20-%20May%202019.png?width=640&name=Sector%20Bid%20Offer%20Spread%20-%20May%202019.png) - Displays the bid-offer spread by sector between 5/1/19 - 5/31/19 - 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 646-699-5041.***   - 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