Syndicated Bank Loan Market Summary – January 2021
Media: Diversified & Production was the top performing industry in January increasing 3.1% over the past month.
Syndicated Bank Loan Market Summary – Week Ending 1/29/21
Checkers Restaurant Group TL was ranked as top Bank Loan 'Winner' last week increasing 11.2% to $89.57 after announcing plans to refresh the design of their restaurants.
High Yield Corporate Bond Market Summary – Week Ending 1/22/21
Transportation: Consumer ranked as the top performing industry with an average 98bps increase in price over the past week.
Investment Grade Corporate Bond Market Summary – Week Ending 1/22/21
Exxon Mobile bonds dominated dominated the Most Quoted Corps last week as news broke regarding uncertainty surrounding Exxon's Permian Basin oil reserves valuation.
Municipal Bond Market Summary – Week Ending 1/22/21
Muni bond Market Sentiment was decidedly negative last week with decliners outpacing advancers 5 to 2 over the week.
Syndicated Bank Loan Market Summary – Week Ending 1/22/21
BELK TL B was second on the #Loan 'Winner's last week ($37.42) as news comes out that the retail store is in discussions with private-equity firm Sycamore Partners in an attempt to restructure debt and avoid bankruptcy.
High Yield Corporate Bond Market Summary – Week Ending 1/15/21
Interest in CBSOAM 5.625 2/15/2024 rose last week, earning the bond a spot on the top 10 list for Quote Volume Movers and #MostQuoted HY Corp bonds (33 dealers quoting) over the past week.
Investment Grade Corporate Bond Market Summary – Week Ending 1/15/21
Hotel, Gaming & Leisure was the to performing industry over the past week as gaming and casino bonds outpaced the market over the week.
Syndicated Bank Loan Market Summary – Week Ending 1/15/21
INTERNATIONAL TEXTILE GROUP 2ND LIEN TL was the top Bank Loan 'Winner' last week, rising 9.7% to $44.46 following recent textile manufacturing growth forecasts for 2021.
Municipal Bond Market Summary – Week Ending 1/15/21
Washington, D.C. ranked the top Municipal Market weekly 'Winner' last week as 10yr yields declined 38bps given improved sentiment over the prior week.
