GET OUR BANK LOAN MARKET SUMMARIES STRAIGHT TO YOUR INBOX.  LEARN MORE

Syndicated Bank Loan Market Summary:
Week Ending 6/19/20

Our weekly newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a weekly period.

Quick Links

Largest Loans
Top 10 Winners
Top 10 Losers
Average Bid Price
Market Sentiment
Top Movers
Most Quoted Loans
Bid & Offer Volume
Bid Offer Spread

Largest Loans

Highlights the weekly price movements and quote depth for the 20 largest bank loans between 6/12/20 – 6/19/20

RANK SIZE (MM) NAME CHANGE PX PX-1W DEALERS
1 5,450 ENVISION HEALTHCARE TL B -0.78% 71.31 71.87 17
2 4,750 DELL TL B 0.51% 98.45 97.95 15
3 4,750 ZAYO TL 0.18% 96.69 96.51 12
4 4,700 CAESARS RESORT COLLECTION TL 0.19% 92.86 92.68 12
5 4,565 BAUSCH HEALTH COMPANIES INC. TL B 0.09% 98.57 98.49 10
6 4,475 UNIVISION TL C5 10.09% 95.07 86.36 10
7 4,250 BERRY PLASTICS TL Y 0.23% 97.46 97.23 13
8 4,200 JOHNSON CONTROLS INTL PUBLIC LTD CO TL -0.51% 96.95 97.45 10
9 4,197 AKZONOBEL TL B -0.48% 95.80 96.26 11
10 4,000 T-MOBILE USA TL B 0.00% 100.03 100.02 12
11 3,582 MISYS TL B -0.17% 89.93 90.08 12
12 3,575 STARS GROUP TL B 0.19% 99.59 99.40 13
13 3,524 TRANSDIGM INC. TL F -0.74% 93.02 93.71 16
14 3,415 ENDO HEALTH TL B 1.03% 95.61 94.64 12
15 3,325 CINEWORLD TL B -0.78% 77.89 78.50 15
16 3,315 REYNOLDS GROUP HOLDINGS LIMITED TL B -0.28% 96.75 97.02 10
17 3,312 HUB INTL LTD TL B -0.22% 96.82 97.03 11
18 3,300 BMC SOFTWARE TL B 0.02% 95.65 95.64 15
19 3,300 NTL CABLE PLC TL N 0.01% 97.10 97.09 10
20 3,275 SCIENTIFIC GAMES TL B5 0.02% 91.34 91.32 12
AVERAGE 3,963 0.43% 93.84 93.46 12.4

Top 10 Winners

Showcases the top 10 loan “winners” based on the largest bid price increases between 6/12/20 – 6/19/20

RANK NAME CHANGE PX PX-1W
1 ASCENA RETAIL TL B 34.80% 32.00 23.74
2 TECHNICOLOR TL B 19.01% 42.25 35.50
3 ACCURIDE TL B 16.24% 50.74 43.65
4 ALLIANCE HEALTH TL B 15.88% 63.48 54.78
5 SHAPE TECHNOLOGIES TL 13.67% 77.00 67.74
6 AMERICAN AIRLINES TL B 13.63% 80.40 70.75
7 SYNCREON TL B 13.22% 68.60 60.60
8 EMERALD EXPOSITIONS TL B 12.69% 87.38 77.54
9 CRESTWOOD MIDSTREAM TL B 12.39% 63.83 56.79
10 TENSAR 2ND LIEN TL 12.21% 74.27 66.19

Top 10 Losers

Showcases the top 10 loan “losers” based on the largest bid price decreases between 6/12/20 – 6/19/20

RANK NAME CHANGE PX PX-1W
1 V GROUP TL B -7.64% 73.36 79.43
2 ASK CHEMICALS EUR TL -6.45% 70.93 75.82
3 DONCASTERS PIK TL -5.38% 41.98 44.37
4 COLORADO BUYER 2ND LIEN TL -4.71% 34.76 36.48
5 24 HOUR FITNESS TL B -4.71% 26.41 27.72
6 AMERICAN AIRLINES TL B -4.41% 73.21 76.59
7 MISTER CAR WASH TL B -3.69% 90.58 94.05
8 CONDUENT TL B -3.31% 89.82 92.90
9 LEARNING CARE TL B -3.19% 85.81 88.64
10 VIVID SEATS TL -3.02% 83.40 86.00

Avg Bid PX by Sector

Displays the average loan bid price by sector between 6/12/20 – 6/19/20

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Avg Bid PX by Sexctor

Sentiment

Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) between 6/12/20 – 6/19/20

Top Quote Volume Movers: This Week vs Last Week

Exhibits the loans with the largest increase in quote volume for the week ending 6/12/20 vs. the week ending 6/19/20

RANK TRANCHE PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 WINDSTREAM SERVICES LLC TL B7 16 58 42 263%
2 TECTUM HOLDINGS INC TL 18 49 31 172%
3 HARLAND CLARKE TL B7 21 48 27 129%
4 JAGUAR HOLDING CO I TL 36 60 24 67%
5 UNIVISION TL C5 10 34 24 240%
6 AMERICAN AIRLINES TL B 11 34 23 209%
7 AMERICAN AIRLINES TL B 8 30 22 275%
8 PEAK 10 TL 30 51 21 70%
9 ELEMENT MATERIALS TL B 6 26 20 333%
10 CAESARS RESORT COLLECTION TL 27 46 19 70%

Most Quoted Loans

Ranks the loans that were quoted by the highest number of dealers between 6/12/20 – 6/19/20

RANK TRANCHE DEALERS
1 HERTZ TL 19
2 WINDSTREAM SERVICES LLC TL B7 18
3 AMC ENTERTAINMENT TL B1 17
4 GTT COMMUNICATIONS TL B 17
5 ENVISION HEALTHCARE TL B 17
6 ACTION NEDERLAND EUR TL B 17
7 TRANSDIGM INC. TL G 16
8 TRANSDIGM INC. TL F 16
9 TELENET EUR TL A 15
10 CINEWORLD TL B 15

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 6/12/20 – 6/19/20

Bid Offer Volume

Sector Bid-Offer Spread

Displays the bid-offer spread by sector between 6/12/20 – 6/19/20

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Sector Bid Offer Spread

Stay up-to-date with weekly summaries.

Read the latest from our team

Syndicated Bank Loan Market Summary
Week ending 7/2/20
Read More >

Solve News Flash: Solve Data Featured in April 22 WSJ article, “The Bonds The Fed Left Behind…”
Read More

See more market insights and news from Solve in our Market Pulse.

SEE MORE