Automotive-Tenneco

Tenneco’s Term Loan outperformed other issuers in the Automotive Industry by 1.47% last week after announcing they will now supply intelligent suspension and anti-vibration performance material solutions for Rivian R1T and R1S vehicles.

Beverage, Food & Tobacco-Wells Enterprises

Wells Enterprises’ Term Loan outperformed other issuers in the Beverage, Food & Tobacco Industry by 4.06% last week after Ferrero announced it will acquire the company to help strategic growth ambitions in the ice cream category.

Chemicals, Plastics & Rubber-Eastman Tire Additives

Eastman Tire Additives’ Term Loan outperformed other issuers in the Chemicals, Plastics & Rubber Industry by 3.84% last week after announcing it has completed the previously reported sale of its global tire additives business line to an affiliate of One Rock Capital.