News & Insights
InsightsJudge Pérez orders examiner in Hughes Satellite Systems bankruptcy to probe $1.5bn of EchoStar transfers
News & Analysis

Judge Pérez orders examiner in Hughes Satellite Systems bankruptcy to probe $1.5bn of EchoStar transfers

Samantha Ruppenthal27 Aug 2026 | US | 10 minute read
insights hero

Related Posts

Discover more insights.

Use the previous and next buttons or keyboard arrows to navigate between slides.

Merlin Entertainments fields pitches from firms eyeing 2027 debt maturity
News & Analysis
Distressed
LevFin

Merlin Entertainments fields pitches from firms eyeing 2027 debt maturity

The Blackstone and KIRKBI-backed entertainment provider also executed an allotment of £2.2m of shares in another group entity, Motion Acquisition Limited, a holding company inside the company’s restricted group, on 11 August.

25 Aug 2026
| Europe
| US
Why funding Treasury buybacks from the General Account edges closer to QE
News & Analysis
Distressed
Investment Grade
LevFin

Why funding Treasury buybacks from the General Account edges closer to QE

Long-dated Treasury yields fell on 24 August after CNBC reported, citing two senior Treasury officials, that the department could tap its near $1trn Treasury General Account (TGA) to help fund its expanded government bond purchases. 10-year Treasury yields dropped more than 3bps to 4.70%, while 30-year yields shed more than 4bps to 5.23%.

25 Aug 2026
| US
Sword Health in talks to acquire mental health app Headspace
News & Analysis
LevFin
Distressed
Private Credit

Sword Health in talks to acquire mental health app Headspace

Virtual healthcare provider Sword Health is in talks to acquire digital mental healthcare startup Headspace, in a tie-up that would likely mark the largest deal in the digital healthcare space this year to-date.

25 Aug 2026
| US
Aston Martin bondholders file for US discovery ahead of UK litigation
News & Analysis
Distressed
LevFin

Aston Martin bondholders file for US discovery ahead of UK litigation

Aston Martin bondholders Arini and Tresidor have filed an application in a New York court seeking discovery from HPS Investment Partners, Authentic Brands, Moelis, and Lazard for use in anticipated UK litigation over the luxury carmaker’s recent financing and asset transfers, according to 9fin sources.

25 Aug 2026
| Europe
| US
Air Baltic’s restructuring buys runway but execution remains key — Analysis
News & Analysis
Distressed

Air Baltic’s restructuring buys runway but execution remains key — Analysis

On 11 August, Air Baltic released a business plan addressing its near-term liquidity needs. It’s set to raise €325m of committed new money, comprising €225m of exit debt and €100m of new equity, alongside a €225m interim bridge expected to be refinanced with the exit facility. Bondholders would receive aggregate take-back debt of up to €125m against the €380m (€340m and €40m tap) notes outstanding.

25 Aug 2026
| CEEMEA
| Europe
What’s in a data center residual value guarantee? Answer looks murky in bankruptcy
News & Analysis
LevFin
Investment Grade
Distressed

What’s in a data center residual value guarantee? Answer looks murky in bankruptcy

Some of the biggest data center financings hitting the corporate bond market are underpinned by three magic words — residual value guarantee. For bondholders, no words can be sweeter. The RVG mechanism is one of the most valuable ways a hyperscaler tenant can provide credit support to a data center or other AI-related financings without incurring that debt on their own balance sheet.

21 Aug 2026
| US