Syndicated Bank Loan Market Summary – Week Ending 5/15/26
Our newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a weekly period.
New Issues
Loans issued during the week ending 5/15/26
| Issuer | Amount (MM) | Loan Type | Maturity | Rate |
| Vita Bidco Inc. | 1100 | Term Loan | 5/14/2033 | E+375 |
| Lumen Technologies Inc. | 2400 | Term Loan | 3/27/2032 | S+275 |
| athenahealth Group Inc | 4000 | Term Loan | 2/1/2032 | S+325 |
| Pimente Investments | 525 | Term Loan | 5/11/2033 | E+425 |
Forward Calendar
Forward calendar during the week ending 5/15/26
| Issuer | Description | Banks | Expected Issue Date |
| Cimpress PLC | $1.1B TLB | JPM | Q2 2026 |
| Maximus Inc. | $300MM TLB | Q2 2026 | |
| TMF Group | $490MM TLB | BCLY | Q2 2026 |
Largest Loans
Highlights the weekly price movements and quote depth for the 20 largest bank loans between 5/8/26-5/15/26
| Rank | Size (MM) | Name | Change | PRC | PRC-1W | Dealers |
| 1 | 7250 | HOLOGIC INC (USD) TL S+225 4/7/2033 | 0.00 | 99.50 | 99.66 | 15 |
| 2 | 6272 | UKG INC (USD) TL S+250 2/9/2031 | 0.00 | 97.56 | 97.53 | 18 |
| 3 | 6145.2 | MAGNOLIA (USD) TL L+375 2/1/2028 | 0.05 | 89.31 | 85.08 | 11 |
| 4 | 6125 | ELECTRONIC ARTS INC (USD) TL B S+350 3/5/2033 | 0.00 | 100.34 | 100.39 | 11 |
| 5 | 5621 | SOLAREDGE TECHS INC (USD) TL B S+250 7/31/2031 | 0.00 | 99.93 | 99.84 | 13 |
| 6 | 5500 | DAYFORCE INC (USD) TL B S+300 10/7/2032 | 0.00 | 95.12 | 95.24 | 20 |
| 7 | 5080 | ALLIED UNIVERSAL HOLDCO LLC (USD) TL B S+325 8/5/2032 | 0.00 | 100.44 | 100.46 | 19 |
| 8 | 4741 | INTERNET BRANDS (USD) TL B3 S+425 4/20/2028 | 0.00 | 94.39 | 94.03 | 14 |
| 9 | 4664.41 | PROOFPOINT (USD) TL B S+300 8/31/2028 | 0.00 | 97.22 | 97.25 | 14 |
| 10 | 4631.55 | BELRON UK FIN PLC (USD) TL B S+200 10/16/2031 | 0.00 | 100.34 | 100.51 | 10 |
| 11 | 4588.655 | AMWINS GROUP INC (USD) TL B S+200 1/30/2032 | 0.00 | 99.96 | 100.16 | 16 |
| 12 | 4395 | ENSEMBLE HEALTH (USD) TL B S+300 1/28/2033 | 0.00 | 99.52 | 99.43 | 10 |
| 13 | 4300 | MASMOVIL IBERCOM SA (EUR) TL B E+275 3/20/2031 | 0.00 | 100.00 | 100.00 | 14 |
| 14 | 4230 | TK ELEVATOR HOLDCO GMBH (USD) TL B S+325 4/11/2030 | 0.00 | 100.91 | 100.88 | 10 |
| 15 | 4204 | JANE STREET GRP/JSG FIN (USD) TL B S+200 12/10/2031 | 0.00 | 99.81 | 100.01 | 15 |
| 16 | 4084 | INSPIRE BRANDS (USD) TL S+250 12/15/2030 | 0.00 | 100.25 | 100.33 | 14 |
| 17 | 4073.83 | MEDLINE BORROWER LP (USD) TL B S+200 10/23/2028 | 0.00 | 99.94 | 100.40 | 12 |
| 18 | 4001 | CITADEL SECS GLOBAL HLDGS LLC (USD) TL B S+200 10/28/2031 | 0.00 | 100.15 | 100.36 | 13 |
| 19 | 3935 | SS&C TECHS INC (USD) TL B8 S+200 5/2/2031 | 0.00 | 100.03 | 100.11 | 15 |
| 20 | 3830.35 | ALLIANT HLDGS INTERMEDIATE LLC (USD) TL B S+250 9/19/2031 | 0.00 | 99.93 | 100.00 | 16 |
| AVERAGE | 4883.60 | 0.00 | 98.73 | 100.44 | 14 |
Top 10 Performers
Showcases the top 10 loan performers based on the largest bid price increases between 5/8/26-5/15/26
| Rank | Name | Change | PRC | PRC-1W | Dealers |
| 1 | MAGNOLIA (USD) 2L TL S+775 2/1/2029 | ▲ 8.92% | 64.59 | 59.30 | 10 |
| 2 | CAST & CREW (USD) TL B S+375 12/30/2028 | ▲ 6.36% | 52.27 | 49.14 | 7 |
| 3 | ETRAVELI (EUR) TL B E+375 11/2/2031 | ▲ 2.99% | 97.27 | 94.45 | 13 |
| 4 | TEMPO ACQUISITION (USD) TL B S+200 8/31/2028 | ▲ 2.64% | 81.93 | 79.82 | 11 |
| 5 | POWER BUYER (USD) TL S+450 2/7/2031 | ▲ 2.59% | 87.50 | 85.29 | 13 |
| 6 | SOLERA (USD) TL B S+400 6/2/2028 | ▲ 2.59% | 89.70 | 87.44 | 16 |
| 7 | HERENS HOLDCO SARL (EUR) TL B E+400 4/30/2028 | ▲ 2.40% | 94.95 | 92.73 | 15 |
| 8 | BELLIS ACQUISITION CO PLC (EUR) TL B E+425 5/2/2031 | ▲ 1.96% | 93.72 | 91.92 | 17 |
| 9 | MCAFEE CORP (USD) TL B S+300 3/1/2029 | ▲ 1.69% | 89.59 | 88.09 | 9 |
| 10 | RED VENTURES (USD) TL B S+275 3/3/2030 | ▲ 1.63% | 90.02 | 88.58 | 10 |
Bottom 10 Performers
Showcases the bottom 10 loan performers based on the largest bid price decreases between 5/8/26-5/15/26
| Rank | Name | Change | PRC | PRC-1W | Dealers |
| 1 | MEGA BROADBAND (USD) TL B S+300 11/12/2027 | ▼ -13.46% | 82.25 | 95.05 | 8 |
| 2 | MERION ROSE MERGER (USD) TL B S+450 12/14/2030 | ▼ -12.79% | 41.17 | 47.21 | 9 |
| 3 | CABLE ONE INC (USD) TL B L+200 5/3/2028 | ▼ -8.89% | 83.10 | 91.20 | 9 |
| 4 | BCP V MODULAR SERVS FIN II PLC (EUR) TL B E+425.5 7/31/2031 | ▼ -5.15% | 86.60 | 91.30 | 15 |
| 5 | OSCAR ACQUISITIONCO LLC (USD) TL B S+425 4/29/2029 | ▼ -5.14% | 63.17 | 66.60 | 17 |
| 6 | WILSONART LLC (USD) TL B S+375 7/24/2031 | ▼ -3.93% | 87.54 | 91.13 | 17 |
| 7 | JETBLUE AIRWAYS CORP (USD) TL B S+475 8/27/2029 | ▼ -3.43% | 85.30 | 88.33 | 9 |
| 8 | SYMPLR SOFTWARE (USD) TL B S+450 12/22/2027 | ▼ -3.43% | 67.60 | 70.00 | 6 |
| 9 | ION PLATFORM (EUR) TL B E+425 9/30/2032 | ▼ -2.92% | 76.69 | 79.00 | 15 |
| 10 | ESMALGLASS (EUR) TL B E+475 3/30/2029 | ▼ -2.26% | 84.78 | 86.75 | 12 |
Avg Bid Price by Sector
Displays the average loan bid price by sector between 5/8/26-5/15/26. Results are based on 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 5/8/26-5/15/26
Top Quote Volume Movers: This Week vs Last Week
Exhibits the loans with the largest increase in quote volume for the week ending 5/8/26 vs. the week ending 5/15/26
| Rank | Tranche | Prior Week | This Week | Increase | % Increase |
| 1 | MATTERHORN TELECOM SA (EUR) TL B E+275 1/16/2032 | 27 | 55 | 28 | ▲ 104% |
| 2 | UNITED PETFOOD (EUR) TL B E+275 2/5/2032 | 26 | 54 | 28 | ▲ 108% |
| 3 | ALBION FNCG 1 SARL (EUR) TL B E+300 5/26/2031 | 18 | 46 | 28 | ▲ 156% |
| 4 | COGNITA FINANCING PLC (EUR) TL B E+375 4/25/2029 | 28 | 56 | 28 | ▲ 100% |
| 5 | CEVA SANTE ANIMALE (EUR) TL B E+350 11/30/2030 | 32 | 58 | 26 | ▲ 81% |
| 6 | TK ELEVATOR (US) NEWCO INC TL B | 8 | 34 | 26 | ▲ 325% |
| 7 | BOLUDA TOWAGE (EUR) TL B3 E+375 1/22/2030 | 24 | 50 | 26 | ▲ 108% |
| 8 | BUSY BEES (EUR) TL B E+375 2/17/2032 | 19 | 44 | 25 | ▲ 132% |
| 9 | PHENNA GROUP (EUR) TL B E+325 6/19/2031 | 18 | 42 | 24 | ▲ 133% |
| 10 | EKATERRA (EUR) TL B E+475 7/30/2029 | 20 | 44 | 24 | ▲ 120% |
Most Quoted Loans
Ranks the loans that were quoted by the highest number of dealers between 5/8/26-5/15/26
| Rank | Tranche | Dealers |
| 1 | DAYFORCE INC (USD) TL B S+300 10/7/2032 | 22 |
| 2 | ROCKET SOFTWARE INC (USD) TL B S+375 11/28/2028 | 20 |
| 3 | WHATABURGER (USD) TL B S+250 8/3/2028 | 20 |
| 4 | MAVIS TIRE EXPRESS SERVS TOPCO CORP (USD) TL B S+300 5/4/2028 | 19 |
| 5 | ALLIED UNIVERSAL HOLDCO LLC (USD) TL B S+325 8/5/2032 | 19 |
| 6 | ATHENA BIDCO (EUR) TL B E+300 4/4/2031 | 19 |
| 7 | UKG INC (USD) TL S+250 2/9/2031 | 18 |
| 8 | BMC SOFTWARE (USD) TL B S+325 7/30/2031 | 18 |
| 9 | CULLIGAN (USD) TL B S+275 7/31/2028 | 18 |
| 10 | OSCAR ACQUISITIONCO LLC (USD) TL B S+425 4/29/2029 | 18 |
Bid and Offer Volume
Reveals the total number of quotes by bid and offer between 5/8/26-5/15/26
Sector Bid-Offer Spread
Results are based on select industry sectors, however, we offer data across 36 sectors
Related Resources
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