This chapter discusses court approvals for debtor agreements, potential refinancing, and restructuring challenges faced by companies like Pennsylvania Real Estate Investment Trust, Global Medical Response, and A-GAS Finco. It also explores the liquidity challenges of Hawaiian Electric and the impact of declining revenue and rising labor costs on regional airlines.
The latest installment of the weekly review features Rite Aid’s move to “self-finance” MedImpact’s $575 million stalking horse bid, Reorg’s analysis of challenging conditions for regional airlines, Pennsylvania Real Estate Investment Trust’s looming $1 billion maturity and the latest news in the conflicts-of-interest scandal tied to former bankruptcy judge David R. Jones.
As always, we also bring you a preview of what’s on tap for this week.
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