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

Syndicated Bank Loan Market Summary – Week Ending 7/30/21

WESTERN DENTAL TL B was this week’s top performer up 4.4% from $95.32 to $99.46 as the company indicates a stable outlook improving operating margins, improving liquidity, and reducing debts.

Syndicated Bank Loan Market Summary – Week Ending 7/30/212021-08-02T19:34:38+00:00

Syndicated Bank Loan Market Summary – Week Ending 7/23/21

AMERICAN AIRLINES TL B was last week’s top performer up 2.1% from $97.15 to $99.51 as the airline shows optimistic signs in both earnings reports and providing steady progress in both domestic and international routes.

Syndicated Bank Loan Market Summary – Week Ending 7/23/212021-07-27T12:35:42+00:00

Syndicated Bank Loan Market Summary – Week Ending 7/16/21

LIMETREE BAY TL B is this week’s top performer up 4.0% from $73.04 to $75.94 as the refinery has filed for Chapter 11 reorganization as it looks to engage in talks with lenders, creditors, and investors to discuss potential selling of assets and refineries futures.

Syndicated Bank Loan Market Summary – Week Ending 7/16/212021-07-19T20:24:42+00:00

Syndicated Bank Loan Market Summary – June 2021

Alliance Health PIK 2ND LIEN TL is June’s top winner with a 72.8% change from $51.43 to $88.89 as late this past month it was announced that they would be acquired by Akumin which would create the most comprehensive radiology and oncology solutions provider in the U.S.

Syndicated Bank Loan Market Summary – June 20212021-07-06T20:58:23+00:00