--- title: Monthly Syndicated Bank Loan Market Summary - February 2020 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/2020%20-%20January/Avg%20Bid%20PX%20by%20Sector%20-%20January%202020.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-mar-2-2020%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-mar-2-2020%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-mar-2-2020%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmonthly-mar-2-2020%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Monthly%20Syndicated%20Bank%20Loan%20Market%20Summary%20-%20February%202020) # Monthly Syndicated Bank Loan Market Summary - February 2020 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), March 02, 2020 [![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) [![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) --- ## Our monthly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a monthly period. 1. [Top 10 Loan Price Winners](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-mar-2-2020#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **RENTPATH TL** | **57.10%** | **77.56** | **49.37** | | **2** | **NPC TL** | **16.59%** | **49.66** | **42.59** | | **3** | **STEAK N SHAKE TL** | **14.25%** | **80.05** | **70.07** | | **4** | **STEINHOFF INTERNATIONAL TL B2** | **12.27%** | **55.00** | **48.98** | | **5** | **JO-ANN STORES 2ND LIEN TL** | **10.35%** | **38.71** | **35.08** | | **6** | **WIREPATH HOME TL** | **7.98%** | **93.94** | **87.00** | | **7** | **ALVOGEN TL B** | **6.53%** | **93.23** | **87.52** | | **8** | **TECHNICOLOR EUR TL B** | **5.65%** | **92.55** | **87.61** | | **9** | **RODENSTOCK EUR TL B** | **5.25%** | **99.49** | **94.53** | | **10** | **RIVERBED TL B** | **4.82%** | **89.99** | **85.85** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 2/1/20 - 2/29/20 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **IQOR 2ND LIEN TL** | **-31.13%** | **36.83** | **53.48** | | **2** | **LONGVIEW POWER EXIT TL B** | **-28.56%** | **37.86** | **53.00** | | **3** | **SEADRILL PARTNERS LLC EXT TL B** | **-26.83%** | **34.63** | **47.32** | | **4** | **JUICE PLUS+ TL** | **-26.52%** | **55.05** | **74.91** | | **5** | **CALIFORNIA RESOURCES TL** | **-25.01%** | **57.65** | **76.87** | | **6** | **COMMERCIAL BARGE TL B** | **-23.72%** | **34.36** | **45.04** | | **7** | **LUMILEDS TL B** | **-19.33%** | **47.62** | **59.03** | | **8** | **SPEEDCAST TL B** | **-18.53%** | **67.96** | **83.42** | | **9** | **FORESIGHT ENERGY TL** | **-17.43%** | **34.02** | **41.20** | | **10** | **IPC SYSTEMS 2ND LIEN TL** | **-16.84%** | **20.20** | **24.29** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 2/1/20 - 2/29/20    ![Avg Bid PX by Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2020%20-%20February/Avg%20Bid%20PX%20by%20Sector%20-%20February%202020.png?width=640&name=Avg%20Bid%20PX%20by%20Sector%20-%20February%202020.png)   - Displays the average loan bid price by sector for the period between 2/1/20 - 2/29/20 - 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/2020%20-%20February/Sentiment%20-%20February%202020.png?width=640&name=Sentiment%20-%20February%202020.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 2/1/20 - 2/29/20 | **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** | | **1** | **BOOZ ALLEN TL B** | **5** | **83** | **78** | **1560%** | | **2** | **ALPHA BIDCO EUR TL B1** | **2** | **68** | **66** | **3300%** | | **3** | **ALLNEX EUR TL B** | **18** | **82** | **64** | **356%** | | **4** | **ARAMARK SERVICES, INC. TL B** | **44** | **104** | **60** | **136%** | | **5** | **VERISURE MIDHOLDING AB EUR TL B1** | **56** | **112** | **56** | **100%** | | **6** | **SURF HOLDINGS TL** | **37** | **90** | **53** | **143%** | | **7** | **AMMERAAL BELTECH 2ND LIEN TL** | **6** | **58** | **52** | **867%** | | **8** | **FINANCIAL & RISK US HOLDINGS INC TL B** | **58** | **104** | **46** | **79%** | | **9** | **WTG HOLDINGS TL** | **90** | **136** | **46** | **51%** | | **10** | **UPC HOLDING BV TL** | **1** | **46** | **45** | **4500%** | - Exhibits the loans with the largest increase in quote volume for the month ending 2/1/20 vs. the month ending 2/29/20 - Includes only loans outstanding | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **HARLAND CLARKE TL B7** | **19** | | **2** | **SIGMA BIDCO EUR TL B** | **16** | | **3** | **VERISURE MIDHOLDING AB EUR TL B1** | **16** | | **4** | **GTT COMMUNICATIONS TL B** | **16** | | **5** | **WEBHELP EUR TL B** | **16** | | **6** | **ACTION NEDERLAND EUR TL B** | **16** | | **7** | **RIVERBED TL B** | **15** | | **8** | **SEADRILL PARTNERS LLC EXT TL B** | **15** | | **7** | **ASCENA RETAIL TL B** | **15** | | **10** | **WEST CORP TL B** | **15** | - Ranks the loans that were quoted by the highest number of dealers for the period between 2/1/20 - 2/29/20    ![Bid and Offer Volume](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2020%20-%20February/Bid%20and%20Offer%20Volume%20-%20February%202020.png?width=640&name=Bid%20and%20Offer%20Volume%20-%20February%202020.png) - Reveals the total number of quotes by bid and offer for the period between 2/1/20 - 2/29/20   ![Sector Bid Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2020%20-%20February/Sector%20Bid%20Offer%20Spread%20-%20February%202020.png?width=640&name=Sector%20Bid%20Offer%20Spread%20-%20February%202020.png) - Displays the bid-offer spread by sector between 2/1/20 - 2/29/20 - 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 +1 646-699-5041.***   - [Home](http://www.solveadvisors.com/Default.aspx) - [About Solve](http://www.solveadvisors.com/AboutUs.aspx) - [Management Team](http://www.solveadvisors.com/MeetOurTeam.aspx) - [In the Press](http://www.solveadvisors.com/InThePress.aspx) - [Blog](https://blog.solveadvisors.com) - [Contact Us](https://info.solveadvisors.com/contactus) Copyright © 2011-2021 Solve Advisors Inc. 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