PEABODY ENERGY TL B is this week’s winner, up 3.5% from $75.69 to $78.36 as the company’s strong performance continues, credited to surging coal prices.
LIGHTSTONE GENERATION LLC TL B is this week’s winner, up 3.4% from $74.84 to $77.35 as the group remains atop the list of distressed issuers despite the recent decline in the supply of distressed securities which had previously seen steady weekly growth.
UNIFRAX EUR TL B is this week’s winner, up 2.1% from $96.15 to $98.16 as Fitch assigns ‘B’ First-Time IDR. Fitch indicated a positive outlook with their leading position in thermal management, specialty filtration, battery materials, and other ESG applications.
EXLINT (Exela Technologies) is this week’s winner, up 2.37% from $73.06 to $74.79 following their fourth consecutive recognition as a “Major Contender” in Everest Group’s Finance & Accounting Outsourcing 2021 PEAK Matrix.
PEI (PREIT ASSOCIATES) is this month’s top performer, up 27.7% from $44.16 to $56.38 with core mall sales increasing credited to primarily to back-to-school shopping.
PREIT ASSOCIATES EXIT 2ND LIEN TL is this week’s winner up 8.5% from $52.41 to $56.87 as malls continue to experience high volume of sales accredited to back-to-school shopping.
APPLE LEISURE TL is this week’s winner, up 9.0% from $91.37 to $99.58 after Hyatt Hotels agrees to purchase the leisure group. The cash deal, to close in Q4, looks to expand Hyatt’s portfolio.
Retail was this week's top-performing industry up .55% as the eCommerce boom continues with further emphasis placed on buy now pay later (BNPL) functionality benefiting both sellers and buyers.
PREIT ASSOCIATES EXIT 2ND LIEN TL is this week’s winner, up 16.6% from $44.16 to $51.50 after quarter two results in which they saw improvements in leasing pipeline, liquidity profile and leased mall space. Gains primarily accredited to the strong real estate market and desire of customers to return to in person shopping.
EXELA TL B is this month’s winner up 55.6% from $45.62 to $70.97 as the company’s Digital Mailroom and Drysign, two digital offering services, report a record addition of users in Q2.