---
title: Monthly Syndicated Bank Loan Market Summary - February 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!
image: https://blog.solvefixedincome.com/hubfs/Loan%20Summaries/Monthly/2018-Feb/Sentiment.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-march-5-2018%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-march-5-2018%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-march-5-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmonthly-march-5-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Monthly%20Syndicated%20Bank%20Loan%20Market%20Summary%20-%20February%202018)

# Monthly Syndicated Bank Loan Market Summary - February 2018

[Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), March 05, 2018

Solve Advisor's **weekly 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 February 2018 versus January 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-march-5-2018#winners)
2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-march-5-2018#Top10Losers)
3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-march-5-2018#AvBidPX) (By industry sector)
4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-march-5-2018#Sentiment)
5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-march-5-2018#Movers)
6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-march-5-2018#MostQuoted)
7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-march-5-2018#BidOfferVolume)
8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-march-5-2018#Spread) (By industry sector)

 

| **TOP 10 WINNERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** |
| **1** | **CONTEXT MEDIA INC TL B** | **13.16%** | **86.00** | **76.00** |
| **2** | **EDDIE BAUER TL B** | **10.61%** | **70.91** | **64.11** |
| **3** | **FLINT GROUP 2ND LIEN EUR TL** | **8.26%** | **82.37** | **76.09** |
| **4** | **GNC TL B** | **8.15%** | **95.98** | **88.75** |
| **5** | **CONCORDIA HEALTHCARE GBP TL B** | **7.93%** | **91.20** | **84.50** |
| **6** | **PHILADELPHIA ENERGY TL B** | **6.56%** | **77.99** | **73.19** |
| **7** | **NORTHWEST PARKWAY TL** | **6.25%** | **85.00** | **80.00** |
| **8** | **CPI CARD GROUP TL B** | **5.47%** | **77.15** | **73.15** |
| **9** | **GLOBAL KNOWLEDGE TL** | **4.32%** | **86.33** | **82.76** |
| **10** | **LIVINGSTON TL B** | **3.04%** | **99.60** | **96.66** |

- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 2/1/18 - 2/28/18

| **TOP 10 LOSERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** |
| **1** | **VELOCITY POOLING TL B** | **-33.33%** | **30.00** | **45.00** |
| **2** | **AMERICAN ENERGY MARCELLUS TL** | **-11.46%** | **58.43** | **65.99** |
| **3** | **COLT DEFENSE EXIT TL** | **-9.09%** | **50.00** | **55.00** |
| **4** | **PETCO TL B** | **-8.03%** | **69.47** | **75.53** |
| **5** | **CENGAGE TL** | **-5.78%** | **91.56** | **97.17** |
| **6** | **CATALINA MARKETING 2ND LIEN TL** | **-5.64%** | **38.00** | **40.27** |
| **7** | **AHT COOLING SYSTEMS EUR TL B1** | **-4.66%** | **94.96** | **99.60** |
| **8** | **MURRAY ENERGY TL B3** | **-4.26%** | **87.83** | **91.74** |
| **9** | **SUNGARD AVAIL SERV CAP TL B** | **-3.59%** | **93.93** | **97.42** |
| **10** | **DAVID'S BRIDAL TL B** | **-3.07%** | **85.14** | **87.84** |

- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 2/1/18 - 2/28/18

 

 ![Average Bid PX By Sector.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Feb/Average%20Bid%20PX%20By%20Sector.png?width=640&name=Average%20Bid%20PX%20By%20Sector.png)

 

- Displays the average loan bid price by sector for the period between 2/1/18 - 2/28/18 
    - Results are based on 5 select industry sectors, however, we offer data across 36 sectors

  

![Sentiment.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Feb/Sentiment.png?width=640&name=Sentiment.png)

- Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 2/1/18 - 2/28/18

| **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** |
| **1** | **AXALTA COATING SYSTEMS DD TL B2** | **24** | **208** | **184** | **767%** |
| **2** | **SIG COMBIBLOC GROUP EUR TL B** | **23** | **189** | **166** | **722%** |
| **3** | **CORIALIS EUR TL** | **17** | **169** | **152** | **894%** |
| **4** | **ALTICE FINANCING EUR TL B** | **19** | **161** | **142** | **747%** |
| **5** | **UNILABS EUR TL B** | **14** | **147** | **133** | **950%** |
| **6** | **EUSKALTEL SA EUR TL B4** | **26** | **158** | **132** | **508%** |
| **7** | **INOVYN EUR TL B** | **16** | **144** | **128** | **800%** |
| **8** | **ALLISON TRANSMISSION TL** | **172** | **298** | **126** | **73%** |
| **9** | **MISYS EUR TL B** | **8** | **132** | **124** | **1550%** |
| **10** | **INEOS FIN EUR TL B** | **46** | **164** | **118** | **257%** |

- Exhibits the loans with the largest increase in quote volume for the month ending 1/31/18 vs. the month ending 2/28/18
- Includes only loans outstanding

| **MOST QUOTED LOANS** |  |  |
| --- | --- | --- |
| **RANK** | **TRANCHE** | **DEALERS** |
| **1** | **COOPER STANDARD TL B** | **10** |
| **2** | **NUMERICABLE TL B12** | **10** |
| **3** | **NUMERICABLE TL B11** | **9** |
| **4** | **HAMILTON SUNDSTRAND TL B** | **9** |
| **5** | **GARDNER DENVER TL B** | **9** |
| **6** | **INEOS FIN TL B** | **9** |
| **7** | **TELENET TL A** | **9** |
| **8** | **ZAYO TL B2** | **9** |
| **9** | **SABRE TL B1** | **9** |
| **10** | **DELL TL B** | **9** |

- Ranks the loans that were quoted by the highest number of dealers for the period between 2/1/18 - 2/28/18

 

 ![Bid and Offer Volume.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Feb/Bid%20and%20Offer%20Volume.png?width=640&name=Bid%20and%20Offer%20Volume.png)

- Reveals the total number of quotes by bid and offer for the period between 2/1/18 - 2/28/18

 

![Sector Bid Offer Spread.png](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018-Feb/Sector%20Bid%20Offer%20Spread.png?width=640&name=Sector%20Bid%20Offer%20Spread.png)

- Displays the bid-offer spread by sector between 2/1/18 - 2/28/18 
    - 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?***

 [![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.***

 

- [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.

[![Twitter](https://blog.solvefixedincome.com/hubfs/Solveadvisors_Dec_2016%20/Images/tw_logo.gif "Twitter")](https://twitter.com/SolveAdvisors) [![linkedin](https://blog.solvefixedincome.com/hubfs/Solveadvisors_Dec_2016%20/Images/li_logo.png "linkedin")](https://www.linkedin.com/company/2285296) [![facebook](https://blog.solvefixedincome.com/hubfs/Solveadvisors_Dec_2016%20/Images/fb_logo.gif "facebook")](https://www.facebook.com/solve.advisors) [![instagram](https://blog.solvefixedincome.com/hubfs/Solveadvisors_Dec_2016%20/Images/ig_logo.png "instagram")](https://instagram.com/solveadvisors)