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Layanthi Tennekoon

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Recent Articles

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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New High Yield Bond Ratings December 7 – December 11, 2020

At least 20 companies received downgrades or revisions on high yield bond ratings during the week of December 7 – December 11,...
Amid the COVID-19 virus

Banks Continue to Shut Down Branches Amid COVID-19

As the coronavirus, COVID-19, continues to spread throughout the nation banks continue to shut down branches. Amid the...

Retail CEOs Received Bonuses even as COVID Forced Companies into Bankruptcy

Retailers have suffered greatly in the U.S. from the COVID-19 pandemic, with many filing for bankruptcy protections. But some of the largest...

Professional Fighters League Earns $65 Million Investment

Professional Fighters League (PFL) earns a $65 million dollar investment. The financing round, led by Ares Capital, Elysian Park Ventures, and Knighthead...

Lone Star Acquires McCarthy & Stone

Lone Star acquires McCarthy & Stone in a £630 million all-cash deal. Subsequently, the London-based retirement home builder's shares increased 43 percent...