Ed Altman Says Private Credit Has Broken a Junk Bond Barometer - Bloomberg: The rise of private credit has had a surprising side effect: it’s made borrowing cheaper for companies in other high-yield markets, and has probably made a key barometer of credit risk less accurate, according to a professor who has spent decades studying junk and distressed debt.
Empire Today in Talks for Fresh Money as It Looks to Reduce Its Debt Obligations - Bloomberg: Empire Today and some of its lenders are in talks to provide the flooring company with fresh money while it looks to reduce its debt obligations.
Northvolt has considered US bankruptcy protection, sources say | Reuters: Swedish battery maker Northvolt has been discussing the possibility of bankruptcy protection in the United States as one of several options for the cash-strapped company to survive according to two people with knowledge of the matter
