Market Summary
June 2022

Outperformers Spotlight: Week Ending 6/10/22

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Outperformers Spotlight: Week Ending 6/10/22

Top Outperformers from Solve Advisors’ Bank Loan data.

Consumer Goods: Non-Durable – Quiksilver Quiksilver’s Term Loan outperformed the market by 4.53% relative to other issuers in the non-durable consumer goods industry last week after the swimwear company announced it has collaborated with Netflix original series, Stranger Things, in a fashion partnership inspired by the brand’s original 80s era designs.

High Tech Industries – Verifone Verifone’s Term Loan (Ticker: PAY) outperformed the market by 2.83% relative to other issuers in the High Tech industries last week after announcing a cross-distribution partnership with Lavu that will integrate Lavu’s restaurant software suite with Verifone’s FLEX payment solution.

Beverage, Food, & Tobacco – Fogo De Chao Fogo de Chão’s Term Loan outperformed the market by $0.61 relative to other issuers in the Beverage, Food & Tobacco industry last week after the internationally renowned restaurant announced it was opening its fifth New York restaurant in Elmhurst.

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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.