Solve Advisor's weekly loan newsletter highlights trends in the Syndicated Bank Loan market.
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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 period between Friday, November 16th - Friday, November 23rd. In the tables and charts below, you'll find:
- Top 10 Loan Price Winners
- Top 10 Loan Price Losers
- Average Bid Price (By industry sector)
- Market Sentiment
- Top Quote Volume Movers
- Most Quoted Loans
- Bid and Offer Volume
- Bid Offer Spread (By industry sector)
| TOP 10 WINNERS |
| Rank |
Loan |
Chg |
Price |
Price - 1W |
| 1 |
DELUXE ENTERTAINMENT TL B |
2.42% |
87.06 |
85.00 |
| 2 |
HORIZON GLOBAL TL B |
1.13% |
92.79 |
91.75 |
| 3 |
SPARTA SYSTEMS TL |
0.53% |
91.37 |
90.89 |
| 4 |
HEARTHSIDE FOODS TL B |
0.38% |
97.89 |
97.51 |
| 5 |
TI AUTO TL B |
0.31% |
99.95 |
99.64 |
| 6 |
SLV GROUP GMBH EUR TL B |
0.21% |
80.18 |
80.01 |
| 7 |
SPEEDCAST TL B |
0.19% |
98.37 |
98.18 |
| 8 |
AMERICAN RESIDENTIAL TL B |
0.18% |
99.43 |
99.25 |
| 9 |
TEAMVIEWER EUR TL B |
0.16% |
100.64 |
100.48 |
| 10 |
US RENAL CARE 2ND LIEN TL |
0.15% |
97.51 |
97.36 |
- Showcases the top 10 loan "winners" based on the largest bid price increases for the period between 11/16/18 - 11/23/18
| TOP 10 LOSERS |
| Rank |
Loan |
Chg |
Price |
Price - 1W |
| 1 |
FULLBEAUTY TL |
-12.46% |
28.94 |
33.06 |
| 2 |
JCREW TL B |
-7.76% |
83.05 |
90.03 |
| 3 |
CATALINA MARKETING TL B |
-7.70% |
32.16 |
34.85 |
| 4 |
KCA DEUTAG TL B |
-6.49% |
82.42 |
88.14 |
| 5 |
VERITAS EUR TL B |
-5.70% |
90.99 |
96.49 |
| 6 |
COMMERCIAL BARGE TL |
-3.74% |
74.51 |
77.40 |
| 7 |
KLOECKNER TL B |
-3.47% |
89.43 |
99.64 |
| 8 |
SKILLSOFT EXT 2ND LIEN TL |
-2.88% |
76.00 |
78.25 |
| 9 |
MONEYGRAM EXT TL B |
-2.63% |
91.80 |
94.28 |
| 10 |
DIAMOND RESORTS TL B |
-2.51% |
94.78 |
97.22 |
- Showcases the top 10 loan "losers" based on the largest bid price decreases for the period between 11/16/18 - 11/23/18
- Displays the average loan bid price by sector for the period between 11/16/18 - 11/23/18
- 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 11/16/18 - 11/23/18
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
BIOGROUP EUR TL B |
4 |
18 |
14 |
350% |
| 2 |
UNIFRAX EUR TL B |
10 |
22 |
12 |
120% |
| 3 |
VERISURE MIDHOLDING AB EUR TL B |
18 |
28 |
10 |
56% |
| 4 |
ECOBAT PIK EUR TL |
0 |
8 |
8 |
N/A |
| 5 |
MATTRESS FIRM TL B |
10 |
18 |
8 |
80% |
| 6 |
SAIC TL B |
18 |
26 |
8 |
44% |
| 7 |
PETCO TL B |
21 |
28 |
7 |
33% |
| 8 |
KCA DEUTAG TL B |
12 |
19 |
7 |
58% |
| 9 |
MCDERMOTT LC |
8 |
14 |
6 |
75% |
| 10 |
PETROCHOICE TL |
0 |
6 |
6 |
N/A |
- Exhibits the loans with the largest increase in quote volume for the week ending 11/16/18 vs. the week ending 11/23/18
| MOST QUOTED LOANS |
| RANK |
TRANCHE |
DEALERS |
| 1 |
PROTECTION1 TL B |
12 |
| 2 |
DELL TL B |
11 |
| 3 |
TRANSDIGM INC. TL E |
11 |
| 4 |
QUIKRETE TL B |
10 |
| 5 |
SOLARWINDS TL |
10 |
| 6 |
NRG ENERGY TL B |
10 |
| 7 |
US FOODS TL B |
10 |
| 8 |
REVLON TL B |
10 |
| 9 |
RCN GRANDE TL B |
10 |
| 10 |
VISTRA ENERGY TL B3 |
10 |
- Ranks the loans that were quoted by the highest number of dealers for the period between 11/16/18 - 11/23/18
- Reveals the total number of quotes by bid and offer for the period between 11/16/18 - 11/23/18
- Displays the bid-offer spread by sector between 11/16/18 - 11/23/18
- 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 or 646-699-5041.