San Francisco-based Sunrun departs 225 Bush St. ahead of looming loan maturity - San Francisco Business Times: The building's occupancy level has dropped to less than 50% in recent years, according to CMBS data. That could prove problematic for building owner Kylli Inc. as it deals with the near-term maturity of a $350 million loan backed by the building
Bausch Plan to Spin Off Eye-Care Business Stuck in Creditor Standoff - WSJ: Bausch Health’s four-year-old plan to spin off eye-care subsidiary Bausch + Lomb is caught in a standoff between the pharmaceutical company’s top shareholders including Carl Icahn and Paulson & Co. and debtholders favoring a bankruptcy filing to fix its balance sheet, according to people familiar with the situation.
'They just stopped paying': Saks Fifth Avenue owes hundreds of thousands of dollars to dozens of brands - Glossy: Ryan Babenzien, the entrepreneur behind the men’s sneaker brand Greats and the shower head company Jolie, said he’s owed over $15,000 from Saks Fifth Avenue from an order the retailer placed last year.
LL Flooring Holdings, Inc. - LL Flooring Initiates Voluntary Chapter 11 Process: LL Flooring intends to use these proceedings to pursue a going-concern sale of its business.
