Syndicated Bank Loan Market Summary – Week Ending 9/17/21

LIGHTSTONE GENERATION LLC TL B is this week’s winner, up 3.4% from $74.84 to $77.35 as the group remains atop the list of distressed issuers despite the recent decline in the supply of distressed securities which had previously seen steady weekly growth.

Syndicated Bank Loan Market Summary – Week Ending 9/17/212021-09-27T16:57:31+00:00

Syndicated Bank Loan Market Summary – Week Ending 9/10/21

UNIFRAX EUR TL B is this week’s winner, up 2.1% from $96.15 to $98.16 as Fitch assigns ‘B’ First-Time IDR. Fitch indicated a positive outlook with their leading position in thermal management, specialty filtration, battery materials, and other ESG applications.

Syndicated Bank Loan Market Summary – Week Ending 9/10/212021-09-17T17:58:52+00:00

Syndicated Bank Loan Market Summary – Week Ending 9/3/21

EXLINT (Exela Technologies) is this week’s winner, up 2.37% from $73.06 to $74.79 following their fourth consecutive recognition as a “Major Contender” in Everest Group’s Finance & Accounting Outsourcing 2021 PEAK Matrix.

Syndicated Bank Loan Market Summary – Week Ending 9/3/212021-09-07T20:29:29+00:00

Syndicated Bank Loan Market Summary – Week Ending 8/20/21

APPLE LEISURE TL is this week’s winner, up 9.0% from $91.37 to $99.58 after Hyatt Hotels agrees to purchase the leisure group. The cash deal, to close in Q4, looks to expand Hyatt’s portfolio.

Syndicated Bank Loan Market Summary – Week Ending 8/20/212021-08-24T12:41:41+00:00

Syndicated Bank Loan Market Summary – Week Ending 8/13/21

Retail was this week's top-performing industry up .55% as the eCommerce boom continues with further emphasis placed on buy now pay later (BNPL) functionality benefiting both sellers and buyers.

Syndicated Bank Loan Market Summary – Week Ending 8/13/212021-08-16T20:10:36+00:00

Syndicated Bank Loan Market Summary – Week Ending 8/6/21

PREIT ASSOCIATES EXIT 2ND LIEN TL is this week’s winner, up 16.6% from $44.16 to $51.50 after quarter two results in which they saw improvements in leasing pipeline, liquidity profile and leased mall space. Gains primarily accredited to the strong real estate market and desire of customers to return to in person shopping.

Syndicated Bank Loan Market Summary – Week Ending 8/6/212021-08-09T20:34:36+00:00