---
title: Monthly Syndicated Bank Loan Market Summary - October 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 - October 2018](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-nov-5-2018)

 Written by [Michael Pellerito](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/author/michael-pellerito) | Nov 5, 2018 1:35:00 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 October 2018 versus September 2018.  In the tables and charts below, you'll find:

1. [Top 10 Loan Price Winners](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-sept-4-2018-2#winners)
2. [Top 10 Loan Price Losers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-nov-5-2018?hs_amp=true#Top10Losers)
3. [Average Bid Price](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-nov-5-2018?hs_amp=true#AvBidPX) (By industry sector)
4. [Market Sentiment](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-nov-5-2018?hs_amp=true#Sentiment)
5. [Top Quote Volume Movers](https://blog.solvefixedincome.com/syndicated-bank-loan-market-monthly-summary-sept-4-2018-2#Movers)
6. [Most Quoted Loans](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-nov-5-2018?hs_amp=true#MostQuoted)
7. [Bid and Offer Volume](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-nov-5-2018?hs_amp=true#BidOfferVolume)
8. [Bid Offer Spread ](https://blog.solvefixedincome.com/syndicated-bank-loan-market-summary/monthly-nov-5-2018?hs_amp=true#Spread) (By industry sector)

 

| **TOP 10 WINNERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** |
| **1** | **FULLBEAUTY TL** | **4.97%** | **31.13** | **29.66** |
| **2** | **ULTRA PETROL CORP EXIT TL** | **4.22%** | **93.51** | **89.73** |
| **3** | **PHILLIPS PET TL** | **4.10%** | **60.00** | **57.64** |
| **4** | **AMERICAN TIRE TL B** | **3.88%** | **90.01** | **86.65** |
| **5** | **BRITAX CHILD SAFETY INC TL B** | **3.02%** | **80.48** | **78.12** |
| **6** | **ESMALGLASS EUR TL B** | **2.12%** | **99.43** | **97.37** |
| **7** | **PRECYSE HEALTHCARE 2ND LIEN TL** | **1.92%** | **99.88** | **98.00** |
| **8** | **UNIVERSAL SERVICES TL** | **1.58%** | **99.63** | **98.08** |
| **9** | **PROSOL GESTION EUR TL B** | **1.35%** | **99.70** | **98.37** |
| **10** | **DIAVERUM 2ND LIEN EUR TL** | **1.15%** | **99.40** | **98.27** |

- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 10/1/18 - 10/31/18

| **TOP 10 LOSERS** |  |  |  |  |
| --- | --- | --- | --- | --- |
| **Rank** | **Loan** | **Chg** | **Price** | **Price - 1M** |
| **1** | **CROSSMARK TL** | **-24.20%** | **41.97** | **55.37** |
| **2** | **HILDING ANDERS EXT EUR TL B** | **-13.45%** | **83.95** | **97.00** |
| **3** | **UNIMIN CORP TL** | **-9.15%** | **84.99** | **93.55** |
| **4** | **SLV GROUP GMBH EUR TL B** | **-8.77%** | **80.71** | **88.46** |
| **5** | **US SILICA CO TL B** | **-7.73%** | **89.95** | **97.49** |
| **6** | **DAVID'S BRIDAL TL B** | **-7.63%** | **81.81** | **88.57** |
| **7** | **RENTPATH TL** | **-5.30%** | **82.63** | **87.25** |
| **8** | **PREMIERE GLOBAL TL** | **-5.10%** | **92.00** | **96.94** |
| **9** | **ACADEMY SPORTS TL B** | **-4.32%** | **74.47** | **77.83** |
| **10** | **BELK TL B** | **-3.85%** | **84.09** | **87.45** |

- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 10/1/18 - 10/31/18

 

 

 

- Displays the average loan bid price by sector for the period between 10/1/18 - 10/31/18 
    - 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 10/1/18 - 10/31/18

| **TOP QUOTE VOLUME MOVERS: THIS MONTH vs LAST MONTH** |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| **RANK** | **TRANCHE** | **PRIOR MONTH** | **THIS MONTH** | **INCREASE** | **% INCREASE** |
| **1** | **EQUINOX HLDGS INC TL B** | **2** | **210** | **208** | **10400%** |
| **2** | **HILEX POLY EXT TL** | **2** | **166** | **164** | **8200%** |
| **3** | **ANCHOR GLASS TL B** | **169** | **279** | **110** | **65%** |
| **4** | **BLACKBOARD TL B4** | **207** | **308** | **101** | **49%** |
| **5** | **BMC SOFTWARE TL B** | **272** | **369** | **97** | **36%** |
| **6** | **LANNETT CO INC TL B** | **97** | **194** | **97** | **100%** |
| **7** | **SBA COMMUNICATIONS CORP TL B** | **212** | **306** | **94** | **44%** |
| **8** | **VERALLIA EUR TL C** | **82** | **174** | **92** | **112%** |
| **9** | **CENGAGE TL** | **161** | **252** | **91** | **57%** |
| **10** | **SERTA SIMMONS TL** | **145** | **234** | **89** | **61%** |

- Exhibits the loans with the largest increase in quote volume for the month ending 9/30/18 vs. the month ending 10/31/18
- Includes only loans outstanding

| **MOST QUOTED LOANS** |  |  |
| --- | --- | --- |
| **RANK** | **TRANCHE** | **DEALERS** |
| **1** | **ALBERTSONS TL B4** | **10** |
| **2** | **ALLISON TRANSMISSION TL B** | **10** |
| **3** | **REYNOLDS GROUP HOLDINGS LIMITED TL B** | **9** |
| **4** | **DELL TL B** | **9** |
| **5** | **FIRST DATA CORP TL B** | **9** |
| **6** | **CINEWORLD TL B** | **9** |
| **7** | **SOLERA TL B** | **9** |
| **8** | **MISYS TL B** | **9** |
| **7** | **TRANSDIGM INC. TL F** | **9** |
| **10** | **INEOS FIN TL B** | **9** |

- Ranks the loans that were quoted by the highest number of dealers for the period between 10/1/18 - 10/31/18

 

 

- Reveals the total number of quotes by bid and offer for the period between 10/1/18 - 10/31/18

 

- Displays the bid-offer spread by sector between 10/1/18 - 10/31/18 
    - 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-nov-5-2018)

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