The educational-software maker is nearing a restructuring to cut its debt by nearly $1.3 billion in one of first major private-loan restructurings.
The educational-software maker is nearing a restructuring to cut its debt by nearly $1.3 billion in one of first major private-loan restructurings.
The bankrupt hospital operator plans to shut down two of its hospitals in Massachusetts and sell six others with financial help from the state.
Business leaders are hopeful that Kamala Harris can dial back on some of the Biden administration’s regulation-heavy agenda, but they worry about blank spots in her policy record.
Hurdles remain, including insurers’ rights to reimbursement for policy payouts they made to Maui fire victims.
Biggest gainers and losers among high-yield bonds and widely-quoted syndicated loans.
BOND | % CHANGE |
---|---|
Valley National Bancorp 5.25% due 06/15/30 | 6.31% |
MPH ACQUISITION HOLDINGS LLC 5.5% due 09/01/28 | -9.58% |
LOAN | % CHANGE |
---|---|
SI Group/Addivant 10/18 Cov-Lite TL | 5.66% |
Precyse Solutions/nThrive 12/21 Cov-Lite TL | -10.42% |
A list of some new chapter 11 bankruptcy filings made during the last week.
This is a summary of a request from Basic Fun to hire Polsinelli as counsel, filed July 22 with the U.S. Bankruptcy Court in Delaware.
A list of some new chapter 11 bankruptcy filings made during the last week.
This is a summary of a request from Coach USA to hire Alston & Bird as general bankruptcy and restructuring co-counsel, filed June 18 with the U.S. Bankruptcy Court in Delaware.
A list of some new chapter 11 bankruptcy filings made during the last week.