Outperformers Spotlight:
Week ending 1/27/23

Top Outperformers from SOLVE’s Bank Loan data.

Energy: Electricity – Array Technologies

Array Technologies’ Term Loan outperformed other issuers in the Energy & Electricity Industry by 0.14% last week after BlackRock increased its share position, raising its ownership in the company to 10.7%. Last week, the company also announced the appointment of new Chief Operations Officer, Neil Manning.

Capital Equipment – FloWorks

FloWorks’ Term Loan outperformed other issuers in the Capital Equipment Industry by 5.45% last week after Clearlake announced it has sold its majority interest in FloWorks International to Wynnchurch Capital.

Chemicals, Plastics & Rubber – Technimark

Technimark’s Term Loan outperformed other issuers in the Chemicals, Plastics & Rubber Industry by 1.56% last week after announcing the medical manufacturer will be investing €26 million to expand the facility’s capacity in Ireland.

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