Market Summary
August 2022

Outperformers Spotlight: Week Ending 8/26/22

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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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SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows. With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in Connecticut, with offices across the globe, SOLVE is the definitive source for market pricing in fixed-income markets.