--- title: Monthly Syndicated Bank Loan Market Summary - April 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-March/Average%20Bid%20PX%20By%20Sector%20v3.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-7-2018%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-may-7-2018%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-may-7-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.solvefixedincome.com%2Fsyndicated-bank-loan-market-summary%2Fmonthly-may-7-2018%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Monthly%20Syndicated%20Bank%20Loan%20Market%20Summary%20-%20April%202018) # Monthly Syndicated Bank Loan Market Summary - April 2018 [Michael Pellerito](https://www.linkedin.com/in/michael-pellerito/), May 07, 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 April 2018 versus March 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-may-7-2018#winners) 2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-7-2018#Top10Losers) 3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-7-2018#AvBidPX) (By industry sector) 4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-7-2018#Sentiment) 5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-7-2018#Movers) 6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-7-2018#MostQuoted) 7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-7-2018#BidOfferVolume) 8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-may-7-2018#Spread) (By industry sector)   | **TOP 10 WINNERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **CROSSMARK TL** | **11.52%** | **52.41** | **47.00** | | **2** | **P.F. CHANG'S TL** | **4.47%** | **98.20** | **94.00** | | **3** | **LDISCOVERY 2ND LIEN TL** | **4.45%** | **85.57** | **81.93** | | **4** | **MURRAY ENERGY TL B2** | **4.32%** | **88.32** | **84.67** | | **5** | **FLOATEL TL B** | **3.32%** | **85.83** | **83.08** | | **6** | **JCREW TL B** | **2.97%** | **74.33** | **72.18** | | **7** | **NUMERICABLE TL B12** | **2.55%** | **98.37** | **95.93** | | **8** | **TOYS R US PROPCO TL B** | **2.53%** | **84.26** | **82.18** | | **9** | **FLINT GROUP EUR TL B** | **2.07%** | **96.47** | **94.51** | | **10** | **FLAKT WOODS EUR TL B** | **2.03%** | **95.79** | **93.89** | - Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 4/1/18 - 4/30/18 | **TOP 10 LOSERS** | | | | | | --- | --- | --- | --- | --- | | **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** | | **1** | **LIGHTSQUARED EXIT 2ND LIEN TL** | **-44.82%** | **26.10** | **47.30** | | **2** | **FULLBEAUTY 2ND LIEN TL** | **-22.83%** | **21.03** | **27.26** | | **3** | **CATALINA MARKETING TL B** | **-20.45%** | **62.08** | **78.05** | | **4** | **AMERICAN TIRE TL B** | **-13.90%** | **86.96** | **101.00** | | **5** | **RENTPATH 2ND LIEN TL** | **-13.28%** | **85.78** | **98.92** | | **6** | **HARVEY GULF TL A** | **-12.42%** | **37.66** | **43.00** | | **7** | **NBTY 2ND LIEN TL** | **-11.40%** | **80.42** | **90.77** | | **8** | **PHILLIPS PET TL** | **-8.11%** | **62.96** | **68.52** | | **9** | **CPI CARD GROUP TL B** | **-7.54%** | **63.12** | **68.27** | | **10** | **SMS SYSTEMS TL** | **-7.45%** | **85.50** | **92.38** | - Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 4/1/18 - 4/30/18    ![Average Bid PX By Sector-1](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018%20-%20April/Average%20Bid%20PX%20By%20Sector-1.png?width=640&name=Average%20Bid%20PX%20By%20Sector-1.png)   - Displays the average loan bid price by sector for the period between 4/1/18 - 4/30/18 - Results are based on 5 select industry sectors, however, we offer data across 36 sectors     ![Sentiment-2](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018%20-%20April/Sentiment-2.png?width=640&name=Sentiment-2.png) - Reveals the percent of loans increasing in price *(advancers)* vs. loans decreasing in price *(decliners)* for the period between 4/1/18 - 4/30/18 | **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** | | | | | | | --- | --- | --- | --- | --- | --- | | **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** | | **1** | **RAET HOLDING BV EUR TL B** | **26** | **126** | **100** | **385%** | | **2** | **ORBITER GROUP EUR TL** | **26** | **124** | **98** | **377%** | | **3** | **GVC HOLDINGS TL B** | **16** | **110** | **94** | **588%** | | **4** | **GLOBAL BLUE EUR TL B** | **26** | **120** | **94** | **362%** | | **5** | **VERALLIA EUR TL B4** | **110** | **188** | **78** | **71%** | | **6** | **TRONOX PIGMENTS TL** | **143** | **220** | **77** | **54%** | | **7** | **SURVITEC EUR TL** | **40** | **112** | **72** | **180%** | | **8** | **CAMPBELL SOUP CO EUR TL B** | **16** | **87** | **71** | **444%** | | **9** | **AVALOQ EUR TL** | **16** | **83** | **67** | **419%** | | **10** | **WESCO AIRCRAFT TL B** | **80** | **145** | **65** | **81%** | - Exhibits the loans with the largest increase in quote volume for the month ending 3/31/18 vs. the month ending 4/30/18 - Includes only loans outstanding | **MOST QUOTED LOANS** | | | | --- | --- | --- | | **RANK** | **TRANCHE** | **DEALERS** | | **1** | **DELL TL B** | **13** | | **2** | **GARDNER DENVER TL B** | **13** | | **3** | **ALLISON TRANSMISSION TL B** | **12** | | **4** | **KRONOS TL B** | **12** | | **5** | **REYNOLDS GROUP TL B** | **12** | | **6** | **TRANSDIGM INC TL F** | **12** | | **7** | **BMC SOFTWARE TL** | **11** | | **8** | **GATES GLOBAL TL B** | **10** | | **9** | **CINEWORLD TL B** | **10** | | **10** | **MISYS TL B** | **9** | - Ranks the loans that were quoted by the highest number of dealers for the period between 4/1/18 - 4/30/18    ![Bid and Offer Volume-1](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018%20-%20April/Bid%20and%20Offer%20Volume-1.png?width=640&name=Bid%20and%20Offer%20Volume-1.png) - Reveals the total number of quotes by bid and offer for the period between 4/1/18 - 4/30/18   ![Sector Bid Offer Spread-2](https://blog.solvefixedincome.com/hs-fs/hubfs/Loan%20Summaries/Monthly/2018%20-%20April/Sector%20Bid%20Offer%20Spread-2.png?width=640&name=Sector%20Bid%20Offer%20Spread-2.png)   - Displays the bid-offer spread by sector between 4/1/18 - 4/30/18 - 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) - 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