Bridgett Jordan
Recent Articles
New High Yield Bond Ratings October 12 – October 16, 2020
At least 15 companies received downgrades or revisions on high yield bond ratings during the week of October 12 – October 16,...
New Chapter 11 Filings, Disclosures: October 12 – October 16, 2020
At least three major companies have either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the week of October...
Wells Fargo Fires Over 100 Employees for Coronavirus Relief Fraud
Wells Fargo (WFC) fired over 100 employees for allegedly defrauding a coronavirus relief program from the U.S. Small Business Administration (SBA).
BlackRock Invests in UK Electric Vehicle Startup, Arrival
US funds manager BlackRock Inc. has invested $118 million in electric vehicle startup Arrival Ltd. The investment is the most Arrival has...
COVID-19 and Wildfires Test Mettle of California Wineries
COVID-19 has caused a surge in alcohol-related purchases, but it has also challenged many California wineries, which have had to change the...
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DraftKings Adds Basketball Legend Michael Jordan to its Portfolio of Investors
On Wednesday, DraftKings, announced that former Chicago Bulls basketball player and NBA Hall of Fame inductee Michael Jordan, will be joining the...
Life Time Inc. Secures $101.5M Loan, Receives Negative Outlook Amid COVID-19 Surges
Minnesota-based fitness club Life Time Inc., also known as Lifetime Fitness, has secured a 364-day $101.5 million loan as of June 24,...
Arandell Closes Nation’s Largest Catalog Printing Facility, Files Chapter 11
Arandell Holdings, Inc. filed for Chapter 11 bankruptcy protection on August 13 2020, just two weeks after closing its Kentucky-based printing facility....
Golden Goose Majority Stake Acquired by Permira Funds
Golden Goose, Permira, and The Carlyle Group announced today that a company backed by the Permira funds has completed its acquisition of...
Cookware Chain Sur La Table Sold for Nearly $90M
Sur La Table Inc., a privately held upscale kitchenware retailer, has sold for approximately $90 million. The company filed for bankruptcy last...
