Syndicated Bank Loan Market Summary:
Week Ending 6/5/20

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

Quick Links

Highlights the weekly price movements and quote depth for the 20 largest bank loans between 5/29/20 – 6/5/20

RANK	SIZE (MM)	NAME	CHANGE	PX	PX-1W	DEALERS
1	5,450	ENVISION HEALTHCARE TL B	0.87%	65.69	65.13	16
2	4,750	DELL TL B	0.39%	98.47	98.08	15
3	4,750	ZAYO TL	1.61%	97.73	96.17	12
4	4,700	CAESARS RESORT COLLECTION TL	3.05%	92.73	89.99	11
5	4,565	BAUSCH HEALTH COMPANIES INC. TL B	0.79%	98.93	98.16	10
6	4,250	BERRY PLASTICS TL Y	0.02%	97.83	97.81	12
7	4,200	JOHNSON CONTROLS INTL PUBLIC LTD CO TL	2.98%	97.24	94.42	10
8	4,197	AKZONOBEL TL B	1.58%	96.49	94.99	10
9	4,000	T-MOBILE USA TL B	0.28%	100.28	99.99	11
10	3,861	PETSMART CONSENTED TL B2	0.41%	98.68	98.28	10
11	3,582	MISYS TL B	2.35%	92.51	90.39	13
12	3,575	STARS GROUP TL B	1.10%	99.42	98.34	10
13	3,524	TRANSDIGM INC. TL F	3.83%	95.00	91.50	16
14	3,415	ENDO HEALTH TL B	1.93%	94.96	93.16	12
15	3,325	CINEWORLD TL B	9.85%	79.68	72.54	13
16	3,315	REYNOLDS GROUP HOLDINGS LIMITED TL B	0.27%	96.87	96.61	10
17	3,312	HUB INTL LTD TL B	1.28%	97.33	96.10	11
18	3,300	NTL CABLE PLC TL N	1.17%	98.00	96.86	11
19	3,300	BMC SOFTWARE TL B	2.75%	96.78	94.19	17
20	3,275	SCIENTIFIC GAMES TL B5	2.95%	90.89	88.28	13
AVERAGE	3,932		1.97%	94.28	92.55	12.2

Showcases the top 10 loan “winners” based on the largest bid price increases between 5/29/20 – 6/5/20

RANK	NAME	CHANGE	PX	PX-1W
1	MITEL NETWORKS 2ND LIEN TL	74.47%	51.66	29.61
2	STEINHOFF EUROPE AG 2ND LIEN EUR TL	41.27%	54.09	38.29
3	BUCCANEER 2ND LIEN TL	23.04%	44.88	36.47
4	COLORADO BUYER 2ND LIEN TL	21.63%	34.50	28.37
5	CINEWORLD TL B	18.93%	69.38	58.33
6	BUCCANEER TL	16.13%	71.18	61.30
7	GULF FINANCE TL	15.35%	66.91	58.01
8	NAVICO TL B	14.50%	50.52	44.12
9	US FARATHANE CORPORATION TL B	13.54%	67.85	59.76
10	DYNACAST TL B	12.95%	72.67	64.33

Showcases the top 10 loan “losers” based on the largest bid price decreases between 5/29/20 – 6/5/20

RANK	NAME	CHANGE	PX	PX-1W
1	TECHNICOLOR EUR TL B	-17.16%	34.69	41.87
2	LIBBEY GLASS TL B	-11.03%	41.33	46.46
3	LIGHTSQUARED EXIT PIK 2ND LIEN TL	-8.30%	40.21	43.84
4	DAYTON SUPERIOR TL	-6.34%	73.13	78.08
5	KAMAN DISTRIBUTION 2ND LIEN TL	-5.94%	73.57	78.21
6	AT HOME STORES TL B	-5.70%	66.01	70.00
7	REVERE POWER TL B	-5.01%	82.07	86.40
8	APPLE LEISURE TL	-4.11%	65.66	68.47
9	MONOTYPE IMAGING TL	-3.22%	87.45	90.36
10	CONTURA ENERGY TL	-2.10%	63.84	65.21

Displays the average loan bid price by sector between 5/29/20 – 6/5/20

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Reveals the percent of loans increasing in price (advancers) vs. loans decreasing in price (decliners) between 5/29/20 – 6/5/20

Exhibits the loans with the largest increase in quote volume for the week ending 5/29/20 vs. the week ending 6/5/20

Ranks the loans that were quoted by the highest number of dealers between 5/29/20 – 6/5/20