Bankruptcy & Restructuring News Headlines for Thursday Oct 20, 2022

Here's what we are reading this morning:

Bed Bath & Beyond met with downgrade as it looks to swap out debt | Retail Dive: The retailer’s interim CEO said it was looking to address its nearest bond maturities and “any impact they may have on our current and future business.”

Oaktree-Backed Aludyne Seeks Fresh Cash to Extend Debt Maturity: Aludyne, an auto parts maker owned by Oaktree Capital Management, is sounding out new investors to help refinance debt due next year, according to people with knowledge of the situation.

Fintech layoffs mount as October marks 6 months of crypto downturn: With no signs that the market will rise any time soon, another round of corporate reshuffling has begun, including for those at the very top of their organizations.

Mullen Automotive Stock Climbs After Electric Last Mile Bankruptcy Deal - WSJ: Electric-vehicle startup Mullen is buying a manufacturing plant in Mishawaka, Ind., and other assets out of bankruptcy for $92 million.

Wall Street eyes auto industry earnings for signs of 'demand destruction': Wall Street will be watching the auto industry's earnings results for signs of weakening consumer demand amid recessionary fears.

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