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

Syndicated Bank Loan Market Summary:
Week Ending 10/22/21

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 10/15/21 – 10/22/21

RANK SIZE (MM) NAME CHANGE PX PX-1W DEALERS
1 5,450 ENVISION HEALTHCARE TL B -0.36% 83.33 83.64 14
2 5,100 CHANGE HEALTHCARE TL B 0.01% 99.91 99.91 12
3 5,000 QWEST CORPORATION TL B -0.04% 98.79 98.83 12
4 4,750 ZAYO TL -0.66% 98.47 99.12 16
5 4,700 CAESARS RESORT COLLECTION TL B 0.00% 99.56 99.56 14
6 4,565 BAUSCH HEALTH COMPANIES INC. TL B -0.05% 99.86 99.91 13
7 3,582 MISYS TL B 1.34% 99.60 98.29 15
8 3,524 TRANSDIGM INC. TL F -0.07% 98.80 98.87 14
9 3,338 ASURION TL B6 0.00% 99.75 99.75 10
10 3,325 CINEWORLD TL B -0.25% 82.91 83.12 13
11 3,312 HUB INTL LTD TL B 0.05% 98.99 98.95 13
12 3,300 SINCLAIR BROADCAST GROUP INC. TL B -2.71% 53.81 55.30 11
13 3,300 NTL CABLE PLC TL N -0.14% 99.06 99.20 12
14 3,275 SCIENTIFIC GAMES TL B5 -0.10% 99.50 99.60 11
15 2,902 FORMULA ONE TL B -0.05% 99.68 99.73 11
16 2,851 INTEL TL 0.05% 100.12 100.07 11
17 2,825 BRAND ENERGY TL -0.04% 99.26 99.30 16
18 2,800 TRAVELPORT TL B 0.24% 87.19 86.99 10
19 2,750 TEAM HEALTH TL 0.31% 95.11 94.82 10
20 2,690 RCN GRANDE TL B 0.11% 99.86 99.75 13
AVERAGE 3,667 -0.12% 94.68 94.73 12.6

Top 10 Winners

Showcases the top 10 loan “winners” based on the largest bid price increases between 10/15/21 – 10/22/21

RANK NAME CHANGE PX PX-1M
1 PREIT ASSOCIATES EXIT 2ND LIEN TL 5.10% 62.75 59.70
2 PLAYPOWER TL B 2.58% 97.74 95.28
3 COLE HAAN TL B1 2.15% 89.51 87.63
4 BLUE NILE TL 2.09% 96.99 95.00
5 ANASTASIA BEVERLY HILLS TL B 1.53% 85.30 84.02
6 ISAGENIX TL 1.34% 77.92 76.89
7 MISYS TL B 1.34% 99.60 98.29
8 TEN-X TL 1.30% 97.77 96.51
9 CBL & ASSOCIATES TL A 1.27% 83.98 82.92
10 YAK MAT TL B 1.10% 83.19 82.28

Top 10 Losers

Showcases the top 10 loan “losers” based on the largest bid price decreases between 10/15/21 – 10/22/21

RANK NAME CHANGE PX PX-1M
1 24 HOUR FITNESS EXIT TL -12.45% 75.36 86.08
2 NSO GROUP TL -4.56% 81.68 85.58
3 US FARATHANE CORPORATION TL B -3.83% 94.31 98.06
4 ATI PHYSICAL THERAPY TL B -3.62% 94.14 97.68
5 HOFFMASTER 2ND LIEN TL -3.59% 79.91 82.88
6 SINCLAIR BROADCAST GROUP INC. TL B -2.71% 53.81 55.30
7 AIR METHODS TL -2.42% 93.11 95.42
8 NBG HOME TL -1.93% 83.22 84.86
9 US TELEPACIFIC TL B -1.92% 80.90 82.48
10 SERTA SIMMONS TL -1.76% 66.70 67.89

Avg Bid PX by Sector

Displays the average loan bid price by sector between 10/15/21 – 10/22/21

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

Sentiment

Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) between 10/15/21 – 10/22/21

Top Quote Volume Movers: This Week vs Last Week

Exhibits the loans with the largest increase in quote volume for the week ending 10/15/21 vs. the week ending 10/22/21

RANK TRANCHE PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 LUMILEDS TL B 68 104 36 53%
2 MITEL NETWORKS 2ND LIEN TL 62 94 32 52%
3 ENVISION HEALTHCARE TL B 72 102 30 42%
4 EPICOR SOFTWARE TL 100 130 30 30%
5 MEDLINE INDUSTRIES INC TL 74 102 28 38%
6 MITEL NETWORKS TL 66 94 28 42%
7 SURGEY CENTER TL 64 90 26 41%
8 DELTA SKYMILES TL B 68 94 26 38%
9 WHITE CAP BUYER LLC TL B 96 121 25 26%
10 IMG WORLDWIDE TL B 48 72 24 50%

Most Quoted Loans

Ranks the loans that were quoted by the highest number of dealers between 10/15/21 – 10/22/21

RANK TRANCHE DEALERS
1 LUMILEDS TL B 20
2 DOUGLAS HOLDING EUR TL B 20
3 DAE AVIATION TL 19
4 ACTION NEDERLAND EUR TL B 18
5 US TELEPACIFIC TL B 17
6 ZIGGO EUR TL H 17
7 IFCO EUR TL B 17
8 ACTION NEDERLAND EXT EUR TL B 17
9 BELLIS ACQUISITION CO PLC EUR TL B 17
10 CERBA HEALTHCARE EUR TL B 17

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 10/15/21 – 10/22/21

Sector Bid-Offer Spread

Displays the bid-offer spread by sector between 10/15/21 – 10/22/21

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

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