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Angelina Vasilevsky

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New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

ViacomCBS Networks International Agrees to Acquire Chilevisión

On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...

Carnival Reports $2 Billion Quarterly Loss

Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...

New High Yield Bond Ratings: April 5 – 9, 2021

At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Christine Lagarde

ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half

Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...

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More than 100 Companies Filed Bankruptcy, Defaulted on Loans Since May

Bankruptcies crossed a new milestone this week. Since May 18, 2020, there have been at least 102 Chapter 11 bankruptcy filings or...

Rancher Labs and EQT’s SUSE Join in Digital Transformation Journey

EQT portfolio company, SUSE, today announced the acquisition of Rancher Labs. Together, the companies will focus on accelerating companies’ transitions from traditional...
Airbnb Moves Toward IPO

Airbnb Quietly Moves Toward IPO

Airbnb announced on Wednesday Aug. 19 that they have confidentially submitted documents to begin its Initial Public Offering (IPO). This move will...

Edgewise Therapeutics Sets Terms for $150 Million IPO

On Monday March 22, Phase 1 rare disease biotech Edgewise announced the terms for its upcoming $150 million IPO. The company initially...

U.S. Universities, Colleges Face Crisis amid COVID-19

Higher education institutions began 2020 under financial pressure nationwide, due to declining enrollments and shrinking support from state governments. But in spring, the...