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Tower Health makes $140M financing deal to buy more time for turnaround - Philadelphia Business...
The Business Journals· 7 days agoTower Health has secured more than $142 million through a debt refinancing deal with its bondholders...
Huge drugstore chain’s Chapter 11 bankruptcy exit threatened
TheStreet.com· 20 hours agoMajor bankrupt retailer's lenders are demanding that its CEO reduce a $20 million "success fee."
Opinion | What Biden needs to say about the economy if he wants to win
Washington Post· 14 hours agoAlong with programs he has already proposed to increase supply — which are sensible but too...
Election anxiety in India, South Africa weigh on EM equities, FX
Reuters via Yahoo Finance· 6 days agoEmerging market stocks looked on course for their steepest fall in seven weeks on Tuesday, with...
Meme-Stock Comeback Boosts Some Bond Prices
The Wall Street Journal· 5 days agoThis year’s meme-stock resurgence has spilled into the corporate bond market, giving bondholders comfort that some struggling companies could take...
Zambia’s debt restructuring limps over line as painful test case
Reuters· 6 days agoTuesday will see its international bondholders vote through their part of a $13.4 billion debt...
Troubled Pennsylvania Hospital Chain Preps $1 Billion Debt Swap
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Struggling Pennsylvania hospital chain Tower Health plans to exchange current debt...
Enthusiasm For AI Stocks Isn't Going Anywhere
Investor's Business Daily· 3 days ago"Where yields are right now, there's a lot of income, and that gives the bond market a lot of cushion," said Munoz. The risk/reward for bondholders with...
European Central Bank Cuts Rates—What It Means for the Fed and Bitcoin - Decrypt
Decrypt· 4 days agoThe European Central Bank (ECB) lowered its three key interest rates by 25 basis points each on...
Judge OKs Mercy IC liquidation plan, denies MercyOne objections
The Gazette· 2 days agoA federal bankruptcy judge has confirmed a Chapter 11 plan of liquidation for the former Mercy Iowa...