Soma Biswas

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

The proposed plan gives the Tennessee-based company tax exemptions and slashes its interest burden

League says it remains in 'advanced discussions' with players to take control of business

The league said it remains in “advanced discussions” with players to take control of the business, while BC Partners Credit is expected to provide exit financing.

LIV Golf filed for bankruptcy protection Tuesday, a dramatic fall for the Saudi-backed league that had big ambitions to challenge the supremacy of the PGA Tour.

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.

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.

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.

PE-owned firms that rely on K-12 school systems fall into distress

(Bloomberg) -- Dave & Buster's Entertainment Inc. has tapped Moelis & Co. to help address its $1.5 billion debt as a slump in leisure spending is pushing it further into distress, according to people familiar with the matter.