Outperformers Spotlight: Week Ending 12/9/22
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Outperformers Spotlight: Week ending 12/9/22
Top Outperformers from SOLVE’s Bank Loan data.
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.
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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.
