Syndicated Bank Loans
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Outperformers Spotlight:
Week Ending 8/26/22
Top Outperformers from Solve Advisors’ Bank Loan data.
Energy: Oil & Gas – EG Group
EG Group’s Term Loan outperformed other issuers in the Oil & Gas Industry by 3.75% last week after announcing their bid to take over the Co-op Group’s petrol stations for £450M as it prepares to move further into the U.K. convenience store market.
Chemicals, Plastics, & Rubber – Flint Group
Flint Group’s Term Loan outperformed other issuers in the Chemicals, Plastics, and Rubber Industry by 2.52% last week after announcing their showcasing of its latest range of sustainable ink and coating technologies, and IDERA digital print engines, at Corrugated Week 2022 in San Antonio, Texas.
Finance – Ascensus
Ascensus’ Term Loan outperformed other issuers in the Finance Industry by 4.30% after launching an integrated marketing campaign post-merger with the Newport Group and announced the appointment of two new regional vice presidents to help drive company growth initiatives.
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