Outperformers Spotlight:
Week Ending 7/1/22

Top Outperformers from Solve Advisors’ Bank Loan data.

Automotive Industry – Direct ChassisLink

Direct ChassisLink’s Term Loan outperformed other issuers in the Automotive industry last week by 2.08% after the American supply chain infrastructure company agreed to be acquired by a trio of foreign investment firms including GIC, Omers Infrastructure and Wren House.

Energy: Electricity Industry – C&D Technologies

C&D Technologies’ Term Loan outperformed the market by 1.60% relative to other issuers in the Electricity sector last week after announcing the launch of a Pure Lead Plus UPS VRLA battery to improve backup power for critical data-center applications.

Capital Equipment Industry – Travelport

Travelport’s Term Loan outperformed the market by 2.73% relative to other issuers in the Capital Equipment Industry last week after signing a global distribution system agreement with US-Bangla Airlines.

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