Afiniti Successfully Completes Recapitalization Transaction | Business Wire: The transaction was completed following court approvals in Bermuda and in the Chapter 15 proceeding in the United States
Saks Owner Hudson’s Bay Is Selling Junk Bonds for Neiman Deal | BoF: Hudson’s Bay Co., the owner of luxury retailer Saks Fifth Avenue Inc., is tapping the junk-bond market to help finance its acquisition of Neiman Marcus Group.
Palomar Health's steep operating losses raise questions about the system's solvency | Bond Buyer: The San Diego County-based healthcare district is at risk of "breaching financial covenants which, absent lender cooperation, could lead to acceleration of all of Palomar's outstanding revenue debt," Moody's Ratings analysts wrote.
Asset management firm to buy bankrupt Greenwich Investment Management | Bond Buyer: Principal Street Partners will acquire the bankrupt firm that specialized in high-yield bonds issued for senior living facilities and charter schools.
The Onion's Bid for Alex Jones' Infowars Rejected by Judge : In shutting down the sale, Houston bankruptcy Judge Christopher M. Lopez at a hearing Tuesday said he had concerns that the transparency of the sealed bid auction process didn’t maximize value for all creditors.
