Here's what we are reading this morning:
Apollo, Bank of America, Barclays Discuss Brightspeed Debt Restructuring - Bloomberg: Apollo Global Management Inc. and a group of banks led by Bank of America Corp and Barclays Plc have been holding restructuring talks for a slug of Brightspeed debt that could see the banks take a loss, according to people with knowledge of the matter
US Office Loan Pain Is Only Starting to Ramp Up: Any hopes that falling borrowing costs would stem the pain from the US office downturn were swept away this week