Syndicated Bank Loan Market Summary – Week Ending 5/22/26
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 5/22/26
| Issuer | Amount (MM) | Loan Type | Maturity | Rate |
| Moran Foods LLC | 351 | Term Loan | 12/29/2028 | S+725 |
| Sorenson Communications Inc. | 42 | Term Loan | 4/20/2029 | S+575 |
| Janus Capital Group Inc. | 2600 | Delayed-draw Term Loan | 3/26/2033 | S+275 |
| Acproducts Inc. | 1400 | Term Loan | 11/14/2031 | S+550 |
Forward Calendar
Forward calendar during the week ending 5/22/26
| Issuer | Description | Banks | Expected Issue Date |
| Allison Transmission Inc. | $508MM TLB | CITI | Q2 2026 |
| Pediatric Associates | $790MM TL | UBS, TPG, GS, CTZ | Q2 2026 |
| Worthington Steel Inc. | $500MM TLB | WF, CITI, PNC, KEY | Q2 2026 |
Largest Loans
Highlights the weekly price movements and quote depth for the 20 largest bank loans between 5/15/26-5/22/26
| Rank | Size (MM) | Name | Change | PRC | PRC-1W | Dealers |
| 1 | 7250 | HOLOGIC INC (USD) TL S+225 4/7/2033 | 0.00 | 99.20 | 99.5 | 15 |
| 2 | 6272 | UKG INC (USD) TL S+250 2/9/2031 | -0.01 | 96.48 | 97.56223025 | 18 |
| 3 | 6145.2 | MAGNOLIA (USD) TL L+375 2/1/2028 | -0.01 | 88.76 | 89.31022255 | 10 |
| 4 | 6125 | ELECTRONIC ARTS INC (USD) TL B S+350 3/5/2033 | 0.00 | 100.29 | 100.3449998 | 11 |
| 5 | 5621 | SOLAREDGE TECHS INC (USD) TL B S+250 7/31/2031 | 0.00 | 99.88 | 99.92501945 | 13 |
| 6 | 5500 | DAYFORCE INC (USD) TL B S+300 10/7/2032 | 0.00 | 95.18 | 95.11556911 | 19 |
| 7 | 5080 | ALLIED UNIVERSAL HOLDCO LLC (USD) TL B S+325 8/5/2032 | 0.00 | 100.38 | 100.4425661 | 19 |
| 8 | 4741 | INTERNET BRANDS (USD) TL B3 S+425 4/20/2028 | 0.00 | 94.81 | 94.3897717 | 12 |
| 9 | 4664.41 | PROOFPOINT (USD) TL B S+300 8/31/2028 | 0.00 | 97.29 | 97.21607664 | 14 |
| 10 | 4631.55 | BELRON UK FIN PLC (USD) TL B S+200 10/16/2031 | 0.00 | 100.20 | 100.3383752 | 10 |
| 11 | 4588.655 | AMWINS GROUP INC (USD) TL B S+200 1/30/2032 | 0.00 | 99.72 | 99.96427494 | 17 |
| 12 | 4395 | ENSEMBLE HEALTH (USD) TL B S+300 1/28/2033 | 0.00 | 99.73 | 99.52475999 | 10 |
| 13 | 4300 | MASMOVIL IBERCOM SA (EUR) TL B E+275 3/20/2031 | 0.00 | 99.96 | 100 | 14 |
| 14 | 4230 | TK ELEVATOR HOLDCO GMBH (USD) TL B S+325 4/11/2030 | 0.00 | 100.82 | 100.9058178 | 10 |
| 15 | 4204 | JANE STREET GRP/JSG FIN (USD) TL B S+200 12/10/2031 | 0.00 | 99.38 | 99.81338519 | 15 |
| 16 | 4084 | INSPIRE BRANDS (USD) TL S+250 12/15/2030 | 0.00 | 100.24 | 100.2465205 | 14 |
| 17 | 4073.83 | MEDLINE BORROWER LP (USD) TL B S+200 10/23/2028 | 0.00 | 99.97 | 99.93929357 | 12 |
| 18 | 4001 | CITADEL SECS GLOBAL HLDGS LLC (USD) TL B S+200 10/28/2031 | 0.00 | 100.13 | 100.1487468 | 13 |
| 19 | 3935 | SS&C TECHS INC (USD) TL B8 S+200 5/2/2031 | 0.00 | 99.88 | 100.0345335 | 15 |
| 20 | 3830.35 | ALLIANT HLDGS INTERMEDIATE LLC (USD) TL B S+250 9/19/2031 | 0.00 | 99.73 | 99.93212353 | 17 |
| AVERAGE | 4883.59975 | -0.001352191 | 98.60061397 | 100.3640051 | 13.9 |
Top 10 Performers
Showcases the top 10 loan performers based on the largest bid price increases between 5/15/26-5/22/26
| Rank | Name | Change | PRC | PRC-1W | Dealers |
| 1 | AMEDES GROUP (EUR) TL B E+375 10/12/2028 | ▲ 8.13% | 83.28 | 77.02 | 13 |
| 2 | CONAIR HLDGS LLC (USD) TL L+375 5/17/2028 | ▲ 6.56% | 75.26 | 70.63 | 9 |
| 3 | VACO (USD) TL B L+500 1/21/2029 | ▲ 4.53% | 76.53 | 73.21 | 9 |
| 4 | ESMALGLASS (EUR) TL B E+475 3/30/2029 | ▲ 3.84% | 88.04 | 84.78 | 14 |
| 5 | DOHMEN LIFE SCIENCE SERVICES (USD) TL S+450 2/21/2032 | ▲ 2.93% | 95.75 | 93.02 | 3 |
| 6 | OWENS & MINOR INC (USD) TL B S+375 3/29/2029 | ▲ 2.76% | 93.86 | 91.35 | 8 |
| 7 | INTERNET BRANDS (USD) 2L TL L+625 2/23/2029 | ▲ 2.19% | 83.79 | 81.99 | 14 |
| 8 | CRH EUROPE (EUR) TL B E+475 12/28/2029 | ▲ 1.76% | 73.90 | 72.62 | 17 |
| 9 | CAESARS ENTERTAINMENT (USD) TL B S+225 2/6/2030 | ▲ 1.75% | 97.90 | 96.21 | 8 |
| 10 | PLANVIEW (USD) TL B S+350 12/5/2027 | ▲ 1.57% | 79.84 | 78.61 | 9 |
Bottom 10 Performers
Showcases the bottom 10 loan performers based on the largest bid price decreases between 5/15/26-5/22/26
| Rank | Name | Change | PRC | PRC-1W | Dealers |
| 1 | MHS HOLDINGS (USD) TL B S+550 6/12/2029 | ▼ -22.01% | 23.30 | 29.88 | 7 |
| 2 | PROCESS SOLUTIONS (USD) TL L+475 2/12/2028 | ▼ -9.79% | 56.90 | 63.08 | 10 |
| 3 | EMBECTA (USD) TL B S+300 1/27/2029 | ▼ -5.62% | 78.61 | 83.29 | 15 |
| 4 | LEARNING CARE (USD) TL B S+400 8/9/2028 | ▼ -4.89% | 76.16 | 80.08 | 8 |
| 5 | SYMPLR SOFTWARE (USD) TL B S+450 12/22/2027 | ▼ -4.73% | 64.40 | 67.60 | 5 |
| 6 | STARK GROUP (EUR) TL B E+500 5/4/2028 | ▼ -4.22% | 71.18 | 74.32 | 14 |
| 7 | CLOUDERA (USD) TL B L+375 10/8/2028 | ▼ -3.17% | 85.86 | 88.68 | 10 |
| 8 | GI REVELATION (USD) TL B S+375 5/14/2028 | ▼ -2.62% | 79.81 | 81.96 | 14 |
| 9 | RENAISSANCE LEARNING (USD) TL B S+400 4/7/2030 | ▼ -2.55% | 77.91 | 79.94 | 15 |
| 10 | GULFSIDE SUPPLY INC (USD) TL B S+300 6/17/2031 | ▼ -2.52% | 85.58 | 87.79 | 14 |
Avg Bid Price by Sector
Displays the average loan bid price by sector between 5/15/26-5/22/26. 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 5/15/26-5/22/26
Top Quote Volume Movers: This Week vs Last Week
Exhibits the loans with the largest increase in quote volume for the week ending 5/15/26 vs. the week ending 5/22/26
| Rank | Tranche | Prior Week | This Week | Increase | % Increase |
| 1 | RACKSPACE TECH GLOBAL INC (USD) 2ND OUT TL B S+275 5/15/2028 | 0 | 79 | 79 | NA |
| 2 | ENTEGRIS INC (USD) TL B S+175 7/6/2029 | 36 | 70 | 34 | 94% |
| 3 | VIALTO CORP (USD) TL S+475 7/31/2030 | 20 | 52 | 32 | 160% |
| 4 | PLAYCORE (USD) TL B S+375 2/17/2030 | 32 | 64 | 32 | 100% |
| 5 | HOBBS & ASSOCIATES (USD) TL B S+275 7/23/2031 | 46 | 78 | 32 | 70% |
| 6 | MAVIS TIRE EXPRESS SERVS TOPCO CORP (USD) TL B S+325 5/6/2033 | 58 | 88 | 30 | 52% |
| 7 | CHG HEALTHCARE (USD) TL B S+300 9/30/2031 | 42 | 70 | 28 | 67% |
| 8 | PODS (USD) TL B S+450 5/6/2031 | 30 | 58 | 28 | 93% |
| 9 | GENUINE FINANCIAL (USD) TL B S+325 9/21/2030 | 24 | 52 | 28 | 117% |
| 10 | 1-800 CONTACTS (USD) TL B S+275 11/8/2032 | 78 | 106 | 28 | 36% |
Most Quoted Loans
Ranks the loans that were quoted by the highest number of dealers between 5/15/26-5/22/26
| Rank | Tranche | Dealers |
| 1 | ROCKET SOFTWARE INC (USD) TL B S+375 11/28/2028 | 20 |
| 2 | WHATABURGER (USD) TL B S+250 8/3/2028 | 20 |
| 3 | DAYFORCE INC (USD) TL B S+300 10/7/2032 | 19 |
| 4 | ALLIED UNIVERSAL HOLDCO LLC (USD) TL B S+325 8/5/2032 | 19 |
| 5 | MAVIS TIRE EXPRESS SERVS TOPCO CORP (USD) TL B S+300 5/4/2028 | 18 |
| 6 | BMC SOFTWARE (USD) TL B S+325 7/30/2031 | 18 |
| 7 | UKG INC (USD) TL S+250 2/9/2031 | 18 |
| 8 | HUB INTL LTD (USD) TL B S+250 6/20/2030 | 18 |
| 9 | CULLIGAN (USD) TL B S+275 7/31/2028 | 18 |
| 10 | CHAMBERLAIN GROUP (USD) TL B S+300 9/8/2032 | 17 |
Bid and Offer Volume
Reveals the total number of quotes by bid and offer between 5/15/26-5/22/26
Sector Bid-Offer Spread
Results are based on select industry sectors, however, we offer data across 36 sectors
Related Resources
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