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

Syndicated Bank Loan Market Summary:
Week Ending 6/11/21

J. Jill Group’s 5% 5/8/2024 bond price increased 6.3% from $72.37 to $77.55 following an earnings report indicating sales soared by 33% in the fiscal quarter ending May 2021 as retail sales continue to rebound as the U.S. reopens..

Limetree Bay saw a -4.2% decline from $88.60 to $84.92 as company could be facing bankruptcy following failure to pay on loan payments and withdrawal from many investors..

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 6/4/21 – 6/11/21

RANK SIZE (MM) NAME CHANGE PX PX-1W DEALERS
1 5,450 ENVISION HEALTHCARE TL B 0.10% 85.30 85.21 15
2 5,100 CHANGE HEALTHCARE TL B 0.03% 99.99 99.97 11
3 5,000 QWEST CORPORATION TL B 0.08% 99.16 99.07 11
4 5,000 UNITED CONTINENTAL TL B 0.19% 101.16 100.97 13
5 4,750 ZAYO TL 0.10% 99.35 99.25 14
6 4,700 CAESARS RESORT COLLECTION TL B 0.11% 99.36 99.25 14
7 4,565 BAUSCH HEALTH COMPANIES INC. TL B 0.04% 99.70 99.66 13
8 4,197 AKZONOBEL TL B 0.16% 99.34 99.18 10
9 3,582 MISYS TL B -0.02% 98.68 98.70 14
10 3,575 STARS GROUP TL B 0.10% 100.43 100.34 14
11 3,524 TRANSDIGM INC. TL F 0.14% 98.78 98.64 15
12 3,515 LIFEPOINT HOSPITALS TL B 0.08% 100.11 100.02 14
13 3,380 SOLERA TL B 0.22% 100.46 100.24 13
14 3,338 ASURION TL B6 -0.03% 99.55 99.57 10
15 3,325 CINEWORLD TL B 1.07% 88.31 87.37 14
16 3,312 HUB INTL LTD TL B 0.11% 99.09 98.98 16
17 3,300 NTL CABLE PLC TL N 0.03% 99.47 99.45 12
18 3,275 SCIENTIFIC GAMES TL B5 0.01% 99.02 99.00 12
19 3,165 MULTIPLAN TL B 0.03% 99.87 99.84 13
20 3,100 JAZZ PHARMA TL B 0.03% 100.51 100.48 10
AVERAGE 3,958 0.13% 98.38 98.26 12.9

Top 10 Winners

Showcases the top 10 loan “winners” based on the largest bid price increases between 6/4/21 – 6/11/21

RANK NAME CHANGE PX PX-1W
1 ANASTASIA BEVERLY HILLS TL B 7.16% 77.55 72.37
2 JILL PIK TL 6.35% 76.55 71.98
3 TORTOISE INVESTMENT TL 4.25% 68.15 65.37
4 UNITED ROAD SERVICES TL 4.24% 86.09 82.58
5 DONCASTERS PIK TL 3.41% 85.72 82.90
6 GEO GROUP TL B 3.23% 87.51 84.77
7 IMAGINA MEDIA AUDIOVISUAL SL EUR TL B2 2.61% 94.46 92.06
8 EASTERN POWER TL B 2.54% 89.76 87.54
9 IMAGINA MEDIA AUDIOVISUAL SL EUR TL A2 2.13% 95.24 93.25
10 LUMILEDS TL B 1.96% 80.97 79.41

Top 10 Losers

Showcases the top 10 loan “losers” based on the largest bid price decreases between 6/4/21 – 6/11/21

RANK NAME CHANGE PX PX-1W
1 LIMETREE BAY TL B -4.16% 84.92 88.61
2 GTT COMMUNICATIONS TL B -2.41% 79.25 81.21
3 RSA SECURITY LLC DD 2ND LIEN TL -2.00% 97.93 99.93
4 LIGHTSTONE GENERATION LLC TL C -1.16% 67.99 68.79
5 CLARION EVENTS GBP TL -0.90% 93.08 93.93
6 REVERE POWER TL B -0.59% 93.54 94.09
7 PANDA HUMMEL DD TL B2 -0.53% 94.25 94.75
8 SCOUT24 EUR TL B -0.51% 98.60 99.11
9 ALSTOM SA TL B2 -0.51% 81.56 81.98
10 MERLIN ENTERTAINMENTS EUR TL B -0.49% 96.14 96.60

Avg Bid PX by Sector

Displays the average loan bid price by sector between 6/4/21 – 6/11/21

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

Avg Bid PX by Sector -6.14.21

Sentiment

Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) between 6/4/21 – 6/11/21

Sentiment - 6.14.21v2

Top Quote Volume Movers: This Week vs Last Week

Exhibits the loans with the largest increase in quote volume for the week ending 6/4/21 vs. the week ending 6/11/21

RANK TRANCHE PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 INDEPENDENT VETCARE GBP TL B 16 70 54 338%
2 INDEPENDENT VETCARE EUR TL B2 28 70 42 150%
3 MEHILAINEN EUR TL B2 30 68 38 127%
4 EASTERN POWER TL B 68 106 38 56%
5 ELSAN GROUPE EXT EUR TL B 22 60 38 173%
6 GRAHAM PACKAGING TL B 58 96 38 66%
7 BERRY PLASTICS TL Z 68 106 38 56%
8 TECTUM HOLDINGS INC TL B 90 128 38 42%
9 SURGEY CENTER TL 62 98 36 58%
10 NESTLE SKIN HEALTH EUR TL B 24 60 36 150%

Most Quoted Loans

Ranks the loans that were quoted by the highest number of dealers between 6/4/21 – 6/11/21

RANK TRANCHE DEALERS
1 LUMILEDS TL B 20
2 SIGMA BIDCO EUR TL B1 19
3 TELENET EUR TL 19
4 BIOGROUP DD EUR TL B 19
5 VERISURE EUR TL B 18
6 ELSAN GROUPE EUR TL B 18
7 CERBA HEALTHCARE EUR TL B 18
8 CEVA SANTE ANIMALE EUR TL B 18
9 ZIGGO EUR TL H 18
10 TECHEM EUR TL B4 18

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 6/4/21 – 6/11/21

Bid Offer Volume - 6.14.21

Sector Bid-Offer Spread

Displays the bid-offer spread by sector between 6/4/21 – 6/11/21

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

Sector Bid Offer Spread - 6.14.21

Stay up-to-date with weekly summaries.

Read the latest from our team

Evergrande Bond Prices Falling Since May
Read More >

Reorg and Solve Advisors Announce Integration Partnership
Read More >

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

SEE MORE