Syndicated Bank Loan Market Summary – Week Ending 7/24/26
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 7/24/26
| Issuer | Amount (MM) | Loan Type | Maturity | Rate |
| Varsity Brands Inc. | 2,750 | Term Loan | 8/26/2031 | S+275 |
| TK Elevator Midco Gmbh | 1,406 | Term Loan | 4/16/2032 | S+625 |
| Directv Financing LLC | 1,124 | Term Loan | 8/2/2029 | S+450 |
| Armorica Lux SAR.L. | 510 | Term Loan | 7/28/2031 | E+500 |
| Carrix Inc. | 500 | Term Loan | 7/19/2022 | – |
Forward Calendar
Forward calendar during the week ending 7/24/26
| Issuer | Description | Banks | Expected Issue Date |
| Athena Health Inc. | $1.038B TL | JPM | Q3 2026 |
| Family Dollar Stores Inc. | $400M TLB | JPM | Q3 2026 |
| Proofpoint Inc. | $5.035B TL | GS | Q3 2026 |
Largest Loans
Highlights the weekly price movements and quote depth for the 20 largest bank loans between 7/17/26-7/24/26
| Rank | Size (MM) | Name | Change | PRC | PRC-1W | Dealers |
| 1 | 7250 | HOLOGIC INC (USD) TL S+225 4/7/2033 | 0.00 | 98.40 | 98.57234865 | 14 |
| 2 | 6272 | UKG INC (USD) TL S+250 2/9/2031 | 0.00 | 96.02 | 95.85952483 | 18 |
| 3 | 6145.2 | MAGNOLIA (USD) TL L+375 2/1/2028 | 0.01 | 90.74 | 90 | 10 |
| 4 | 6125 | ELECTRONIC ARTS INC (USD) TL B S+350 3/5/2033 | 0.00 | 100.51 | 100.5393738 | 11 |
| 5 | 5621 | SOLAREDGE TECHS INC (USD) TL B S+250 7/31/2031 | 0.00 | 99.30 | 99.36965699 | 13 |
| 6 | 5572.36 | HUB INTL LTD (USD) TL B S+250 6/20/2030 | 0.00 | 100.05 | 100.0384139 | 19 |
| 7 | 5500 | DAYFORCE INC (USD) TL B S+300 10/7/2032 | 0.00 | 92.73 | 92.61208705 | 22 |
| 8 | 5246.85 | MCAFEE CORP (USD) TL B S+300 3/1/2029 | 0.00 | 90.10 | 90.23759004 | 11 |
| 9 | 5080.5 | CULLIGAN (USD) TL B S+275 7/31/2028 | 0.00 | 100.00 | 99.97739442 | 14 |
| 10 | 5080 | ALLIED UNIVERSAL HOLDCO LLC (USD) TL B S+325 8/5/2032 | 0.00 | 100.25 | 100.25 | 18 |
| 11 | 4741 | INTERNET BRANDS (USD) TL B3 S+425 4/20/2028 | 0.00 | 97.46 | 97.32725717 | 13 |
| 12 | 4700 | CITADEL SECS GLOBAL HLDGS LLC (USD) TL B S+200 10/5/2033 | 0.00 | 99.87 | 99.92285753 | 13 |
| 13 | 4664.41 | PROOFPOINT (USD) TL B S+300 8/31/2028 | 0.00 | 98.50 | 98.51012199 | 12 |
| 14 | 4588.655 | AMWINS GROUP INC (USD) TL B S+200 1/30/2032 | 0.00 | 99.11 | 99.12639756 | 18 |
| 15 | 4510.57 | RADIATE HOLDCO LLC (USD) 1ST OUT TL S+500 9/25/2029 | 0.00 | 89.63 | 89.72098027 | 10 |
| 16 | 4310 | BMC SOFTWARE (USD) TL B S+325 7/30/2031 | 0.00 | 90.66 | 90.44408732 | 17 |
| 17 | 4246 | BROADSTREET PARTNERS INC (USD) TL B S+250 6/16/2031 | 0.00 | 98.27 | 98.21986947 | 16 |
| 18 | 4230 | TK ELEVATOR HOLDCO GMBH (USD) TL B S+325 4/11/2030 | 0.00 | 100.38 | 100.3850737 | 10 |
| 19 | 4204 | JANE STREET GRP/JSG FIN (USD) TL B S+200 12/10/2031 | 0.00 | 99.56 | 99.53240288 | 16 |
| 20 | 4184.41 | WHITE CAP BUYER LLC (USD) TL B S+325 10/19/2029 | 0.00 | 99.85 | 99.88482528 | 14 |
| AVERAGE | 5113.59775 | 0.000478175 | 97.06940129 | 100.125 | 14.45 |
Top 10 Performers
Showcases the top 10 loan performers based on the largest bid price increases between 7/17/26-7/24/26
| Rank | Name | Change | PRC | PRC-1W | Dealers |
| 1 | STEINHOFF EUROPE (AT) AG (EUR) PIK 2L TL A2 E+1075 6/30/2026 | ▲ 3.35% | 42.70 | 41.31 | 7 |
| 2 | OMNI LOGISTICS (USD) TL B S+400 9/20/2030 | ▲ 2.97% | 96.10 | 93.33 | 14 |
| 3 | QLIK TECHNOLOGIES (USD) 2L TL S+500 11/21/2033 | ▲ 2.10% | 59.52 | 58.29 | 6 |
| 4 | MONEYGRAM INTL INC (USD) TL B S+475 6/1/2030 | ▲ 1.81% | 69.68 | 68.44 | 12 |
| 5 | HUWS GRAY (EUR) DD TL B E+400 11/1/2028 | ▲ 1.70% | 65.66 | 64.57 | 17 |
| 6 | INEOS FIN PLC (USD) TL B S+325 2/5/2030 | ▲ 1.51% | 96.26 | 94.83 | 11 |
| 7 | NOBIAN FIN BV (EUR) TL B E+350 7/4/2030 | ▲ 1.37% | 97.04 | 95.73 | 12 |
| 8 | PATAGONIA HOLDCO (USD) HOLDCO TL B S+575 8/1/2029 | ▲ 1.14% | 75.75 | 74.89 | 11 |
| 9 | BMC SOFTWARE (USD) 2L TL S+600 7/7/2032 | ▲ 1.13% | 89.18 | 88.18 | 8 |
| 10 | SOVOS COMPLIANCE (USD) TL S+325 8/13/2029 | ▲ 1.05% | 95.52 | 94.52 | 13 |
Bottom 10 Performers
Showcases the bottom 10 loan performers based on the largest bid price decreases between 7/17/26-7/24/26
| Rank | Name | Change | PRC | PRC-1W | Dealers |
| 1 | HOUGHTON MIFFLIN (USD) 2L TL 4/8/2030 | ▼ -7.29% | 60.41 | 65.16 | 9 |
| 2 | VMED O2 (UK) FNCG I PLC (USD) TL B S+325 3/31/2031 | ▼ -4.87% | 88.95 | 93.50 | 5 |
| 3 | CORNERSTONE BLDG BRANDS INC (USD) TL S+325 4/12/2028 | ▼ -4.64% | 53.30 | 55.89 | 9 |
| 4 | LABL INC (USD) EXT PIK TL S+487.5 5/11/2033 | ▼ -3.21% | 82.41 | 85.14 | 10 |
| 5 | CABLE ONE INC (USD) TL B L+200 5/3/2028 | ▼ -3.11% | 84.30 | 87.00 | 13 |
| 6 | DELL SOFTWARE GROUP (USD) 2ND OUT TL S+425 2/1/2029 | ▼ -3.01% | 57.87 | 59.67 | 10 |
| 7 | ESMALGLASS (EUR) TL B E+475 3/30/2029 | ▼ -3.01% | 89.34 | 92.11 | 15 |
| 8 | AMERICAN TRAILER WORLD (USD) TL L+375 3/3/2028 | ▼ -2.81% | 64.77 | 66.64 | 14 |
| 9 | JETBLUE AIRWAYS CORP (USD) TL B S+475 8/27/2029 | ▼ -1.82% | 84.96 | 86.54 | 9 |
| 10 | ACPRODUCTS HLDGS INC (USD) 2ND OUT TL S+550 11/14/2031 | ▼ -1.50% | 86.83 | 88.15 | 14 |
Avg Bid Price by Sector
Displays the average loan bid price by sector between 7/17/26-7/24/26. 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 7/17/26-7/24/26
Top Quote Volume Movers: This Week vs Last Week
Exhibits the loans with the largest increase in quote volume for the week ending 7/17/26 vs. the week ending 7/24/26
| Rank | Tranche | Prior Week | This Week | Increase | % Increase |
| 1 | DELL SOFTWARE GROUP (USD) 3RD OUT TL S+425 2/1/2029 | 0 | 24 | 24 | NA |
| 2 | TRANSDIGM INC (USD) TL N S+250 2/13/2033 | 44 | 64 | 20 | 45% |
| 3 | TRANSDIGM INC (USD) TL L S+250 1/3/2032 | 62 | 80 | 18 | 29% |
| 4 | NRG ENERGY INC (USD) TL B S+175 4/16/2031 | 42 | 60 | 18 | 43% |
| 5 | ZELIS / REDCARD (USD) TL B S+325 10/25/2031 | 64 | 80 | 16 | 25% |
| 6 | ZELIS / REDCARD (USD) TL B S+275 9/10/2029 | 66 | 82 | 16 | 24% |
| 7 | AERCAP GLOBAL AVIATION TRUST (USD) TL B S+175 11/5/2028 | 32 | 48 | 16 | 50% |
| 8 | BLACKSTONE CQP (USD) TL B S+175 12/31/2032 | 58 | 74 | 16 | 28% |
| 9 | SIGNATURE AVIATION US HLDGS INC (USD) TL B2 S+250 7/1/2031 | 83 | 98 | 15 | 18% |
| 10 | TRANSDIGM INC (USD) TL K S+225 3/22/2030 | 66 | 80 | 14 | 21% |
Most Quoted Loans
Ranks the loans that were quoted by the highest number of dealers between 7/17/26-7/24/26
| Rank | Tranche | Dealers |
| 1 | DAYFORCE INC (USD) TL B S+300 10/7/2032 | 24 |
| 2 | HUB INTL LTD (USD) TL B S+250 6/20/2030 | 19 |
| 3 | ROCKET SOFTWARE INC (USD) TL B S+375 11/28/2028 | 19 |
| 4 | WHATABURGER (USD) TL B S+250 8/3/2028 | 18 |
| 5 | UKG INC (USD) TL S+250 2/9/2031 | 18 |
| 6 | ALLIED UNIVERSAL HOLDCO LLC (USD) TL B S+325 8/5/2032 | 18 |
| 7 | AMWINS GROUP INC (USD) TL B S+200 1/30/2032 | 18 |
| 8 | MITER BRANDS (USD) TL B S+275 3/28/2031 | 18 |
| 9 | CULLIGAN (USD) TL B S+250 7/1/2033 | 17 |
| 10 | TRANSDIGM INC (USD) TL L S+250 1/3/2032 | 17 |
Bid and Offer Volume
Reveals the total number of quotes by bid and offer between 7/17/26-7/24/26
Sector Bid-Offer Spread
Results are based on select industry sectors, however, we offer data across 36 sectors
Related Resources
About SOLVE
SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows. With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in Connecticut, with offices across the globe, SOLVE is the definitive source for market pricing in fixed-income markets.
