--- title: Monthly Syndicated Bank Loan Market Summary - April 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.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-may-6-2019%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-may-6-2019%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-may-6-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmonthly-may-6-2019%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Monthly%20Syndicated%20Bank%20Loan%20Market%20Summary%20-%20April%202019) # Monthly Syndicated Bank Loan Market Summary - April 2019 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), May 01, 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 April 2019 versus March 2019.  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-may-6-2019#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-6-2019#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-may-6-2019#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-may-6-2019#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-6-2019#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-6-2019#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-6-2019#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-6-2019#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **TRIPLE POINT 2ND LIEN TL** | **16.32%** | **91.46** | **78.63** | | **2** | **AIR METHODS TL** | **14.49%** | **85.76** | **74.90** | | **3** | **CROSSMARK TL** | **13.42%** | **31.30** | **27.59** | | **4** | **BEACON HEALTH TL** | **12.35%** | **91.17** | **81.15** | | **5** | **CPI CARD GROUP TL B** | **9.99%** | **73.64** | **66.95** | | **6** | **MONITRONICS TL B2** | **9.86%** | **91.47** | **83.26** | | **7** | **AKORN TL B** | **8.55%** | **86.49** | **79.68** | | **8** | **TRIPLE POINT TL** | **8.41%** | **97.99** | **90.39** | | **9** | **SPRINGS WINDOW 2ND LIEN TL** | **6.59%** | **96.62** | **90.65** | | **10** | **AUGUSTA SPORTSWEAR TL** | **5.84%** | **98.38** | **92.95** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 4/1/19 - 4/30/19 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **FUSION CONNECT 2ND LIEN TL** | **-66.64%** | **30.03** | **90.00** | | **2** | **DONCASTERS 2ND LIEN TL** | **-54.03%** | **36.17** | **78.69** | | **3** | **SUNGARD AVAIL SERV CAP EXT TL B** | **-44.12%** | **41.77** | **74.75** | | **4** | **RENTPATH 2ND LIEN TL** | **-37.84%** | **20.31** | **32.68** | | **5** | **MEDICAL DEPOT TL** | **-17.06%** | **71.07** | **85.69** | | **6** | **SHERIDAN PRODUCTION PARTNERS II TL B** | **-16.85%** | **69.43** | **83.50** | | **7** | **NPC 2ND LIEN TL** | **-15.52%** | **72.24** | **85.51** | | **8** | **MCS TL B** | **-15.08%** | **67.67** | **79.69** | | **9** | **RENTPATH TL B** | **-15.01%** | **63.88** | **75.16** | | **10** | **SERTA SIMMONS 2ND LIEN TL** | **-13.83%** | **42.09** | **48.84** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 4/1/19 - 4/30/19    ![Avg Bid PX by Sector](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019%20-%20April/Avg%20Bid%20PX%20by%20Sector%20-%20April%202019v2.png?width=640&name=Avg%20Bid%20PX%20by%20Sector%20-%20April%202019v2.png)   - Displays the average loan bid price by sector for the period between 4/1/19 - 4/30/19 - 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%20-%20April/Sentiment%20-%20April%202019.png?width=640&name=Sentiment%20-%20April%202019.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 4/1/19 - 4/30/19 | **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** | | **1** | **HOTELBEDS EUR TL B** | **30** | **119** | **89** | **297%** | | **2** | **ORYX SOUTHERN TL B** | **18** | **84** | **66** | **367%** | | **3** | **FORESIGHT ENERGY TL** | **38** | **102** | **64** | **168%** | | **4** | **SURVITEC EUR TL** | **38** | **102** | **64** | **168%** | | **5** | **FIELDWOOD ENERGY EXIT 2ND LIEN TL** | **45** | **105** | **60** | **133%** | | **6** | **JO-ANN STORES TL B** | **50** | **110** | **60** | **120%** | | **7** | **DEXKO TL B** | **102** | **162** | **60** | **59%** | | **8** | **ELEMENT SOLUTIONS TL B** | **60** | **119** | **59** | **98%** | | **9** | **FOUR SEASONS TL B** | **110** | **169** | **59** | **54%** | | **10** | **BOYD CORP TL B** | **12** | **68** | **56** | **467%** | - Exhibits the loans with the largest increase in quote volume for the month ending 3/31/19 vs. the month ending 4/30/19 - Includes only loans outstanding | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **JCREW TL B** | **13** | | **2** | **MONITRONICS TL B2** | **11** | | **3** | **UFC TL** | **11** | | **4** | **PETSMART TL B** | **11** | | **5** | **JBS USA TL B** | **11** | | **6** | **BUCCANEER TL** | **10** | | **7** | **INTERNET BRANDS TL** | **10** | | **8** | **KRONOS 2ND LIEN TL** | **9** | | **7** | **AIR METHODS TL** | **9** | | **10** | **SPRINGER NATURE TL B13** | **9** | - Ranks the loans that were quoted by the highest number of dealers for the period between 4/1/19 - 4/30/19    ![Bid and Offer Volume](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019%20-%20April/Bid%20and%20Offer%20Volume%20-%20April%202019.png?width=640&name=Bid%20and%20Offer%20Volume%20-%20April%202019.png) - Reveals the total number of quotes by bid and offer for the period between 4/1/19 - 4/30/19   ![Sector Bid Offer Spread](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2019%20-%20April/Sector%20Bid%20Offer%20Spread%20-%20April%202019v2.png?width=640&name=Sector%20Bid%20Offer%20Spread%20-%20April%202019v2.png) - Displays the bid-offer spread by sector between 4/1/19 - 4/30/19 - 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.***   - [Home](http://www.solveadvisors.com/Default.aspx) - [About Solve](http://www.solveadvisors.com/AboutUs.aspx) - 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