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

Syndicated Bank Loan Market Summary:
Week Ending 1/29/21

Our 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 1/22/21 – 1/29/21

RANK SIZE (MM) NAME CHANGE PX PX-1W DEALERS
1 10,649 INOVYN EUR TL B -0.51% 99.34 99.85 10
2 6,451 REFINITV TL B 0.06% 99.88 99.82 11
3 5,450 ENVISION HEALTHCARE TL B -1.52% 85.85 87.18 14
4 5,100 CHANGE HEALTHCARE TL B -0.06% 100.17 100.23 11
5 5,000 QWEST CORPORATION TL B -0.28% 99.61 99.88 11
6 4,750 DELL TL B -0.21% 100.16 100.37 15
7 4,750 ZAYO TL -0.41% 99.62 100.03 16
8 4,700 CAESARS RESORT COLLECTION TL B -0.95% 98.03 98.97 13
9 4,250 BERRY PLASTICS TL X -0.07% 99.93 100.00 10
10 4,246 PETSMART NON-CONSENTED TL B2 0.08% 99.77 99.69 10
11 3,582 MISYS TL B -1.16% 98.11 99.26 13
12 3,575 STARS GROUP TL B -0.04% 100.36 100.40 14
13 3,524 TRANSDIGM INC. TL F -0.74% 98.44 99.17 14
14 3,515 LIFEPOINT HOSPITALS TL B -0.38% 99.79 100.17 11
15 3,325 CINEWORLD TL B 3.51% 78.09 75.44 14
16 3,315 REYNOLDS GROUP HOLDINGS LIMITED TL B -0.10% 99.91 100.01 10
17 3,312 HUB INTL LTD TL B -0.55% 99.14 99.69 15
18 3,300 NTL CABLE PLC TL N -0.37% 99.48 99.85 13
19 3,300 BMC SOFTWARE TL B -0.38% 99.80 100.18 18
20 3,300 SINCLAIR BROADCAST GROUP INC. TL B -3.52% 87.67 90.87 11
AVERAGE 4,470 -0.38% 97.16 97.55 12.7

Top 10 Winners

Showcases the top 10 loan “winners” based on the largest bid price increases between 1/22/21 – 1/29/21

RANK NAME CHANGE PX PX-1W
1 CHECKERS TL 11.18% 89.57 80.56
2 AMC ENTERTAINMENT TL B1 7.45% 82.87 77.12
3 PURESTAR TL 7.32% 72.98 68.00
4 PEAK 10 2ND LIEN TL 5.59% 70.34 66.61
5 CINEWORLD TL B 5.47% 78.07 74.02
6 INMAR 2ND LIEN TL 5.01% 88.19 83.99
7 REVLON TL B 4.69% 41.81 39.93
8 VANTAGE SPECIALTY 2ND LIEN TL 3.34% 92.16 89.18
9 ALTER DOMUS EUR TL 3.09% 96.59 93.69
10 ROCKET SOFTWARE 2ND LIEN TL 3.04% 98.44 95.53

Top 10 Losers

Showcases the top 10 loan “losers” based on the largest bid price decreases between 1/22/21 – 1/29/21

RANK NAME CHANGE PX PX-1W
1 PEABODY ENERGY TL B -6.38% 49.99 53.39
2 COLOUR BIDCO GBP TL -3.60% 78.01 80.93
3 ALPHA GROUP EUR TL -3.35% 89.41 92.51
4 CORRECTIONS CORP OF AMERICA TL B -3.08% 96.65 99.73
5 SECURUS TL -2.73% 90.57 93.11
6 RIVERBED PIK 2ND LIEN TL -1.99% 80.40 82.03
7 VUE INTERNATIONAL BIDCO PLC EUR TL B -1.89% 84.59 86.22
8 GLOBAL TELESYSTEMS TL -1.82% 92.95 94.68
9 BRAND ENERGY TL -1.58% 97.28 98.84
10 APCOA EUR TL B -1.57% 95.49 97.02

Avg Bid PX by Sector

Displays the average loan bid price by sector between 1/22/21 – 1/29/21

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

Avg Bid PX by Sector

Sentiment

Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) between 1/22/21 – 1/29/21

Market Sentiment - Advancers vs. Decliners

Top Quote Volume Movers: This Week vs Last Week

Exhibits the loans with the largest increase in quote volume for the week ending 1/22/21 vs. the week ending 1/29/21

RANK TRANCHE PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 JAGUAR HOLDING CO I TL B 22 58 36 164%
2 MCGRAW-HILL GLOBAL TL B 22 56 34 155%
3 IRIDIUM SATELLITE TL 14 35 21 150%
4 MESSER INDUSTRIES TL B 56 76 20 36%
5 CALPINE CORP TL B5 24 43 19 79%
6 PLAYTIKA HOLDING CORP TL B 19 38 19 100%
7 RADIO ONE TL B 12 30 18 150%
8 RIVERBED TL B 34 52 18 53%
9 NATIONAL MENTOR TL B 22 40 18 82%
10 DELL TL B 56 74 18 32%

Most Quoted Loans

Ranks the loans that were quoted by the highest number of dealers between 1/22/21 – 1/29/21

RANK TRANCHE DEALERS
1 TELENET EUR TL 20
2 VERISURE EUR TL B 19
3 EIRCOM FINCO SARL EUR TL B 19
4 ZIGGO EUR TL H 19
5 BMC SOFTWARE TL B 18
6 CEVA SANTE ANIMALE EUR TL B 18
7 SYNLAB EUR TL B 18
8 TECHEM EUR TL B4 18
9 NUMERICABLE EUR TL B12 18
10 GTT COMMUNICATIONS TL B 18

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 1/22/21 – 1/29/21

Bid Offer Volume

Sector Bid-Offer Spread

Displays the bid-offer spread by sector between 1/22/21 – 1/29/21

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

Solve Advisors & Thinknum Webinar: Alt Data for Fixed Income Investors: Insights and Use Cases
Read More >

SolveQuotes Release Notes
Read More >

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

SEE MORE