GET OUR BANK LOAN MARKET SUMMARIES STRAIGHT TO YOUR INBOX.  LEARN MORE

Syndicated Bank Loan Market Summary: Week Ending 1/8/21

Our newsletter presents key trends derived from observable Syndicated Bank Loan pricing data over a weekly period.

Largest Loans

Highlights the weekly price movements and quote depth for the 20 largest bank loans between 12/31/20 – 1/8/21

RANK	SIZE (MM)	NAME	CHANGE	PX	PX-1W	DEALERS
1	10,649	INOVYN EUR TL B	0.07%	99.64	99.57	10
2	6,451	REFINITV TL B	0.13%	99.96	99.83	12
3	5,450	ENVISION HEALTHCARE TL B	0.68%	83.62	83.05	14
4	5,100	CHANGE HEALTHCARE TL B	0.75%	100.22	99.48	12
5	5,000	QWEST CORPORATION TL B	1.06%	99.91	98.86	12
6	4,750	DELL TL B	0.41%	100.41	100.00	17
7	4,750	ZAYO TL	0.64%	99.94	99.30	17
8	4,700	CAESARS RESORT COLLECTION TL B	1.14%	99.10	97.98	14
9	4,250	BERRY PLASTICS TL X	0.34%	100.00	99.66	10
10	3,582	MISYS TL B	1.09%	98.87	97.80	14
11	3,575	STARS GROUP TL B	0.09%	100.40	100.31	13
12	3,524	TRANSDIGM INC. TL F	1.54%	99.42	97.91	15
13	3,515	LIFEPOINT HOSPITALS TL B	0.52%	100.12	99.61	12
14	3,325	CINEWORLD TL B	6.29%	71.83	67.58	13
15	3,312	HUB INTL LTD TL B	1.18%	99.28	98.12	14
16	3,300	BMC SOFTWARE TL B	0.77%	100.24	99.48	18
17	3,300	NTL CABLE PLC TL N	0.90%	99.92	99.02	13
18	3,300	SINCLAIR BROADCAST GROUP INC. TL B	-0.09%	87.99	88.07	11
19	3,275	SCIENTIFIC GAMES TL B5	1.09%	98.65	97.59	12
20	3,165	MULTIPLAN TL B	0.44%	99.89	99.46	11
AVERAGE	4,414		0.95%	96.97	96.13	13.2

Top 20 Winners

Showcases the top 20 loan “winners” based on the largest bid price increases between 12/31/20 – 1/8/21

RANK	NAME	CHANGE	PX	PX-1W
1	PEABODY ENERGY TL B	23.63%	46.86	37.91
2	CINEWORLD TL B	7.07%	71.56	66.84
3	INMAR 2ND LIEN TL	6.29%	78.67	74.02
4	PERSTORP TL	6.12%	95.43	89.93
5	HOLLAND & BARRETT GBP TL B	5.79%	92.10	87.06
6	ODYSSEY LOGISTICS & TECHNOLOGY 2ND LIEN TL	5.12%	89.99	85.61
7	PLAYA RESORTS TL B	4.90%	96.27	91.77
8	BISON MIDSTREAM TL B	4.78%	90.71	86.57
9	STAGE ENTERTAINMENT EUR TL B	4.64%	92.39	88.30
10	RADIO ONE TL B	4.56%	97.92	93.65
11	VERMAAT GROEP EUR TL B	4.51%	91.22	87.28
12	IMAGINA MEDIA AUDIOVISUAL SL EUR TL B	3.86%	88.87	85.57
13	MONITRONICS EXIT TL	3.81%	91.57	88.21
14	CRESTWOOD MIDSTREAM TL B	3.59%	78.23	75.52
15	ELECTRONICS FOR IMAGING TL	3.48%	87.94	84.98
16	ALSTOM SA EUR TL B	3.42%	82.62	79.89
17	EASTERN POWER TL B	3.40%	97.16	93.96
18	STETSON MIDSTREAM TL B	3.24%	92.28	89.38
19	ARCTIC GLACIER TL B	3.17%	91.77	88.95
20	GGP LP TL A2	2.76%	97.34	94.72

Avg Bid PX by Sector

Displays the average loan bid price by sector between 12/31/20 – 1/8/21 Results are based on 5 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 12/31/20 – 1/8/21

Top Quote Volume Movers: This Week vs Last Week

Exhibits the loans with the largest increase in quote volume for the week ending 12/31/20 vs. the week ending 1/8/21

RANK	TRANCHE	PRIOR WEEK	THIS WEEK	INCREASE	% INCREASE
1	ZAYO TL	48	96	48	100%
2	ZIGGO EUR TL H	14	62	48	343%
3	TELENET EUR TL	14	60	46	329%
4	TELENET TL	34	78	44	129%
5	SYNLAB EUR TL B	6	50	44	733%
6	AREAS EUR TL B1	8	52	44	550%
7	NESTLE SKIN HEALTH EUR TL B	10	52	42	420%
8	BMC SOFTWARE TL B	42	83	41	98%
9	AI PLEX ACQUICO EUR TL B	2	42	40	2000%
10	GENESYS TELECOM EUR TL B	6	46	40	667%

Most Quoted Loans

Ranks the loans that were quoted by the highest number of dealers between 12/31/20 – 1/8/21

RANK	TRANCHE	DEALERS
1	TELENET EUR TL	20
2	ZIGGO EUR TL H	19
3	SYNLAB EUR TL B3	19
4	EIRCOM FINCO SARL EUR TL B	19
5	VERISURE EUR TL B	18
6	BMC SOFTWARE TL B	18
7	SYNLAB EUR TL B	18
8	ELSAN GROUPE EUR TL B	17
9	SIGMA BIDCO EUR TL B	17
10	ZAYO TL	17

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 12/31/20 – 1/8/21

Sector Bid-Offer Spread

Displays the bid-offer spread by sector between 12/31/20 – 1/8/21 Results are based on 5 select industry sectors, however, we offer data across 36 sectors

---

---