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

Syndicated Bank Loan Market Summary – Week Ending 7/2/21

EXELA TL B ranked as top winner over past week with a 68.6% increase from $40.40 to $68.14 as software company completed a $100 million at-the-market program with net proceeds to be used to retire debt.

Syndicated Bank Loan Market Summary – Week Ending 7/2/212021-08-02T13:08:04+00:00

Syndicated Bank Loan Market Summary – Week Ending 6/25/21

MITEL NETWORKS 2ND LIEN TL MITL increased 3.3% from $54.80 to $56.60 last week following Destiny’s announced acquisition of Telepo and Soluno making them the largest European UCass platform.

Syndicated Bank Loan Market Summary – Week Ending 6/25/212021-06-29T20:08:34+00:00

Syndicated Bank Loan Market Summary – Week Ending 6/18/21

STEINHOFF PIK EUR TL A2 increased 13.4% from $55.99 to $63.49 last week after the company announced earnings whereby operating profit increased 16% over the past 6 months vs prior year period.

Syndicated Bank Loan Market Summary – Week Ending 6/18/212021-06-28T17:23:13+00:00

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.

Syndicated Bank Loan Market Summary – Week Ending 6/11/212021-06-18T20:46:51+00:00