--- title: Monthly Syndicated Bank Loan Market Summary - May 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! --- [Solve Advisors Syndicated Bank Loan Market Summaries](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary) # [Monthly Syndicated Bank Loan Market Summary - May 2018](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-june-4-2018) Written by [Michael Pellerito](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/author/michael-pellerito) | Jun 4, 2018 1:07:12 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 May 2018 versus April 2018.  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-june-4-2018?hs_amp=true#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-june-4-2018?hs_amp=true#Top10Losers) 3. Average Bid Price (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-june-4-2018?hs_amp=true#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-june-4-2018?hs_amp=true#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-june-4-2018?hs_amp=true#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-june-4-2018?hs_amp=true#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-june-4-2018?hs_amp=true#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **COMMERCIAL BARGE TL** | **16.80%** | **67.94** | **58.17** | | **2** | **TENSAR 2ND LIEN TL** | **12.37%** | **91.89** | **81.77** | | **3** | **JCREW TL B** | **11.65%** | **82.98** | **74.33** | | **4** | **HARVEY GULF TL A** | **9.89%** | **41.38** | **37.66** | | **5** | **CATALINA MARKETING TL B** | **9.64%** | **68.07** | **62.08** | | **6** | **AENOVA 2ND LIEN EUR TL** | **9.08%** | **90.52** | **82.98** | | **7** | **MURRAY ENERGY TL B2** | **5.34%** | **93.04** | **88.32** | | **8** | **LONGVIEW POWER EXIT TL B** | **4.93%** | **87.50** | **83.38** | | **9** | **SOLENIS 2ND LIEN TL** | **3.89%** | **98.72** | **95.02** | | **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 5/1/18 - 5/31/18 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **PHILLIPS PET TL** | **-12.42%** | **55.14** | **62.96** | | **2** | **BLACKHAWK MINING TL B1** | **-9.30%** | **77.41** | **85.34** | | **3** | **BELK TL B** | **-8.97%** | **77.27** | **84.88** | | **4** | **SMS SYSTEMS TL** | **-5.77%** | **80.57** | **85.50** | | **5** | **GULF FINANCE TL B** | **-4.96%** | **85.61** | **90.08** | | **6** | **SERTA SIMMONS 2ND LIEN TL** | **-4.54%** | **75.76** | **79.37** | | **7** | **VERITAS TL B1** | **-4.20%** | **94.70** | **98.85** | | **8** | **BIOCLINICA TL** | **-4.14%** | **93.46** | **97.50** | | **9** | **SLV GROUP GMBH EUR TL B** | **-3.59%** | **93.69** | **97.18** | | **10** | **JC PENNEY TL B** | **-3.12%** | **94.16** | **97.19** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 5/1/18 - 5/31/18       - Displays the average loan bid price by sector for the period between 5/1/18 - 5/31/18 - 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 5/1/18 - 5/31/18 | **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** | | **1** | **BMC SOFTWARE TL B1** | **2** | **308** | **306** | **15300%** | | **2** | **CHEMOURS TL B** | **49** | **178** | **129** | **263%** | | **3** | **JAGUAR HOLDING CO I TL** | **138** | **249** | **111** | **80%** | | **4** | **EG GROUP GBP TL B** | **137** | **246** | **109** | **80%** | | **5** | **COTY TL B** | **86** | **182** | **96** | **112%** | | **6** | **PRESTIGE BRANDS TL B** | **67** | **162** | **95** | **142%** | | **7** | **DUEMMEN ORANGE EUR TL** | **62** | **154** | **92** | **148%** | | **8** | **SHUTTERFLY TL B** | **46** | **135** | **89** | **193%** | | **9** | **AMERICAN TIRE TL B** | **110** | **197** | **87** | **79%** | | **10** | **EG GROUP EUR TL B** | **98** | **180** | **82** | **84%** | - Exhibits the loans with the largest increase in quote volume for the month ending 4/30/18 vs. the month ending 5/31/18 - Includes only loans outstanding | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **DELL TL B** | **10** | | **2** | **GARDNER DENVER TL B** | **9** | | **3** | **BMC SOFTWARE TL B1** | **9** | | **4** | **WARNER MUSIC TL B** | **9** | | **5** | **ALLISON TRANSMISSION TL B** | **9** | | **6** | **COMMERCIAL BARGE TL** | **8** | | **7** | **BLACKBOARD TL B4** | **8** | | **8** | **INFOR TL B** | **8** | | **9** | **MISYS TL B** | **8** | | **10** | **APPLIED SYSTEMS TL B** | **8** | - Ranks the loans that were quoted by the highest number of dealers for the period between 5/1/18 - 5/31/18     - Reveals the total number of quotes by bid and offer for the period between 5/1/18 - 5/31/18     - Displays the bid-offer spread by sector between 5/1/18 - 5/31/18 - 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?***   ***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-june-4-2018) ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Michael Pellerito" }, "dateModified" : "2018-12-24T14:12:28.429Z", "datePublished" : "2018-06-04T13:07:12Z", "headline" : "Monthly Syndicated Bank Loan Market Summary - 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