Syndicated Bank Loans
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Outperformers Spotlight:
Week Ending 10/7/22
Top Outperformers from Solve Advisors’ Bank Loan data.
Beverage, Food & Tobacco Industry – CJ Foods
CJ Foods’ Term Loan outperformed other issuers in the Beverage, Food & Tobacco Industry by 2.97% last week after the fast-growing agribusiness company announced its plans to build its new headquarters at Foundation Park in Sioux Falls, South Dakota.
Energy: Oil & Gas Industry – Natgasoline
Natgasoline’s Term Loan outperformed other issuers in the Oil & Gas Industry by 2.42% last week after contracting KBR to move forward with OCI’s blue ammonia project with initiatives to expand production of low carbon “blue” ammonia.
Forest Products & Paper Industry – Sylvamo Corp
Sylvamo’s Term Loan outperformed other issuers in the Forest Products & Paper Industry by 4.21% last week after the global paper mill company announced it has completed its divestment of Russian operations to Pulp Invest for $420MM.
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