Sound Inpatient Physicians Inc. is close to clinching a $1 billion refinancing with existing lenders, including Monarch Alternative Capital and PGIM, according to people familiar with the matter.

Creditors to Hertz Global Holdings Inc. are organizing across at least two groups, bracing for potential negotiations with the car rental company over its billions of dollars of debt that comes due over the next few years, according to people familiar with the matter.

Hertz Global Holdings Inc., the car rental company, is working with adviser PJT Partners to extend the maturities of its debt, some of which will come due in two months, according to people familiar with the matter.

Canadian Solar is working with Guggenheim Securities as it weighs options for its Recurrent Energy unit, according to people familiar with the matter.

Ivanti Inc. told lenders that second-quarter revenue and earnings fell, casting a cloud over the private equity-backed cybersecurity software firm’s efforts to boost sales following its transition to a subscription-based business model.

The Aspen Group has indicated it’s no longer moving ahead with a planned sale of its urgent care clinic chain WellNow, after seeking buyers amid an effort to address a looming debt deadline that’s also prompted its lenders to retain lawyers.

Lenders to Tungsten Automation have signed a pact agreeing to work together on a potential debt restructuring following a steep slide in the software company’s debt prices, according to people familiar with the matter.

Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

The Aspen Group, the owner of one of the largest dental care chains in the US, is exploring tapping outside investors to tackle the maturities of roughly $3 billion of loans due next year amid weaker earnings, according to people familiar with the matter.

It’s becoming clearer by the day that Brightline, the struggling Florida private railroad, is shaping up to rank among the biggest municipal-bond restructurings ever, alongside the likes of Puerto Rico and Detroit.

Oaktree Capital Management Co-Chief Executive Officer Armen Panossian warned that markets have been too quick to shrug off a slew of fundamental issues, which are prompting his firm to preserve cash for when a correction comes.

Spirit Aviation Holdings Inc. is set to start an orderly wind-down process to sell its assets, capping the downfall of the low-cost carrier that has filed for bankruptcy twice in recent years and failed to clinch a last-minute US government rescue.

Talks over a potential $500 million US government rescue financing deal for Spirit Aviation Holdings Inc. have hit an impasse, with a lender group that includes Citadel, resisting terms that would likely severely impair their claims and recoveries, according to people familiar with the matter.

Sonrava Health, an operator of dental clinics across the country, has hired investment bank Lincoln International LLC to explore options including asset sales, according to people familiar with the matter.

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.

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.

The hospitals that emerged from the bankruptcies of Steward Health Care System and Prospect Medical Holdings Inc. were supposed to help stabilize one of the world’s largest hospital landlords by restoring a battered tenant base after two years of industry stress.

Brightline Trains Florida LLC, the struggling private rail line connecting Orlando to Miami, is working with Perella Weinberg Partners on a potential debt restructuring and equity raise, according to people familiar with the matter.

Brightline Trains Florida LLC, the struggling private rail line connecting Orlando to Miami, is working with Perella Weinberg Partners on a potential debt restructuring and equity raise, according to people familiar with the matter.