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Desirae Gooding

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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 Coronavirus Relief

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).
electric car

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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Apollo Forms Large-Scale Origination Platform

Apollo Global Management, Inc., today announced the formation of Apollo Strategic Origination Partners.  Mubadala Investment Company and certain permanent capital vehicles managed...

Payfone Raises $100 Million Under Advisement of Apax

Today Apax Partners announced that Payfone, led by funds under the advisement Apax Digital, raised $100 million. Payfone will use the money...

Pandemic Forces GNC into Bankruptcy

GNC, a nationwide neighborhood retailer known for its dietary supplements and protein powders, decided late Tuesday, June 23 to file for Chapter...

Global Atlantic Acquired in Strategic Transaction by KKR

Today, Kohlberg Kravis Roberts announced their acquisition of all outstanding shares of Global Atlantic. Afterwards, Global Atlantic will continue to operate as...
Student Debt in US Dollars

Operators of Student Debt Relief Scheme Fined $43.3 million

The operators of a student debt relief scheme must pay $43.3 million in alleged credit fraud fines, according to a ruling by...