Braskem’s bondholders continue to press state-controlled oil giant Petrobras to inject fresh capital into the struggling petrochemical producer as time runs short to avoid filing for bankruptcy protection in an election year, according to people familiar with the matter.

A bondholder group is set to take over Pfleiderer, the struggling wood-paneling company backed by Strategic Value Partners, despite the firm raising fresh debt just eight months ago.

A potential debt revamp at Aston Martin Lagonda Global Holdings Plc is setting the stage for an unusual battle between different divisions of asset management giant BlackRock Inc.

A group of creditors to Aston Martin Lagonda Global Holdings Plc have picked Jefferies Financial Group Inc. as financial adviser as concern over the debt of the distressed British automaker grows, according to people familiar with the matter.

Aston Martin creditors led by Arini Capital Management, BlackRock Inc. and Sculptor Capital have joined forces in an effort to stop the distressed British luxury carmaker from pursuing any debt deal they fear could erode their standing.

Joh. Berenberg, Gossler & Co. KG and Brookfield Asset Management Ltd. are battling over the future of GoldenPeaks, an energy company staring at collapse after borrowing $1.5 billion for European solar-power projects.

Hertz Global Holdings Inc. stock plunged the most since its initial public offering five years ago after the car renter warned of pressure on earnings and plans to issue new debt.

Elliott Investment Management LP and Strategic Value Partners have recently bought debt of Braskem SA, the Brazilian petrochemical producer rushing to get creditors to agree to a restructuring plan, according to people familiar with the matter.

Just a year before the New York Knicks rode a double-digit winning streak to the NBA Finals, the company that broadcasts its games was thrown a lifeline to avoid a potential bankruptcy filing. Now, the lenders who backed that restructuring are likely cheering on the team’s success.

Two major financial firms have clashed over the restructuring of Eagle Football, the group that holds stakes in a number of football teams including the storied French club Olympique Lyonnais.

Spanish utility Cox ABG Group SA took a bridge loan to help fund a $4.2 billion asset acquisition in Mexico and placed shares as collateral.

The US government tapped law firm Kirkland & Ellis to advise on a possible rescue deal for Spirit Aviation Holdings Inc., according to people familiar with the matter.

French payments firm Ingenico, backed by Apollo Global Management, has started debt talks with creditors as it struggles to keep up with its interest bill.

Ken Griffin’s Citadel has been intertwined in Spirit Aviation Holdings Inc.’s bankruptcies over the past two years. It even parted ways earlier this year with a portfolio manager after a series of losses that included a soured bet on the distressed budget carrier.

Cineplex Inc., Canada’s largest movie theater chain, is shopping itself to potential buyers in a bid to combine with a rival.

Sotheby’s is seizing a window of opportunity to refinance debt due next year, before any disruptions from the US-Iran negotiations can derail capital-raising efforts.

Bank of America Corp. and Citigroup Inc. have sold down a multi-billion dollar bridge loan backing Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. to a wider group of banks, a key step in one of the biggest M&A financings of the year.

Deutsche Bank AG’s US distressed products group more than doubled its net profits in the first quarter, partly driven by shorting a basket of software companies debts, according to people familiar with the matter.

The giant multistrategy hedge fund Citadel parted ways with credit portfolio manager Zachariah Barratt after a series of losses, including a soured bet on Spirit Aviation Holdings Inc., according to a person familiar with the matter.

Dozens of hedge-fund and oil-company executives are gathering this week in Caracas, where Venezuela’s acting president, Delcy Rodriguez, signaled an interest in re-opening the nation’s economy to foreign businesses, according to people familiar with the matter.