Here's what we are reading this morning:
Sanchez Energy Completes Financial Restructuring; Emerges as Mesquite Energy, Inc. | Sanchez Energy Corporation
Valaris lenders agree to amend and restate waiver to July 15, noteholders have entered into a forbearance agreement
U.S. Treasury to Lend $700 Million to Trucking Firm YRC Worldwide - WSJ
Macy’s said sales are falling again in states such as Texas where Covid-19 cases are on the rise
Mall owner CBL says it's in forbearance over skipped interest payment
Pizza Hut and Wendy’s Operator NPC Files for Bankruptcy - Bloomberg
Rosehill Resources Inc. Enters Into Restructuring Support Agreement, Will File for Bankruptcy By July 15
SAExploration Holdings Extends Forbearance Through July 31
June 2020 Delinquency Report - Infogram
Steve Rattner: "A troubling sign for the recovery: consumer spending has not only lost momentum but according to JPMorgan, the pullback “appears surprisingly widespread across states and demographic groups and has only been moderately correlated with the resurgence of COVID-19”
Apple to re-close 30 more retail stores as coronavirus cases spike
Exclusive: Sears exploring sale of home improvement business - Reuters
Ax falls for Sears at North Riverside Mall | Articles | News | RBLandmark.com
McDonald’s Halts Reopening Plans as U.S. Coronavirus Cases Grow - WSJ
Lonestar Resources Elects Not to Make $14 Million Interest Payment, Starts 30-Day Grace Period