Outperformers Spotlight:
Week Ending 7/8/22

Top Outperformers from Solve Advisors’ Bank Loan data.

Aerospace & Defense Industry – Sequa Corporation

Sequa’s Term Loan outperformed other issuers in the Aerospace & Defense industry by 0.92% last week after announcing the completion of AZZ’s acquisition of Precoat Metals Inc., an independent metal coating solution business, from Sequa Corporation.

Finance – Cowen Inc.

Cowen Inc.’s Term Loan outperformed other issuers in the Finance industry by 2.48% last week after discussions surfaced of a possible acquisition of the Wall Street brokerage firm by TD Bank — a move that would expand U.S. operations for TD.

Capital Equipment – TriMark

TriMark’s Term Loan outperformed other issuers in the Capital Equipment industry by 3.17% last week after announcing the election of two new board of directors with a premium focus on addressing the current supply chain climate through more distribution efforts.

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