Primary markets are winding down for the holidays, but activity didn’t dry up entirely this week — creative refinancing solutions from the likes of Diversified Healthcare Trust as well as acquisition financing for Cotiviti and Shearer’s Foods are keeping the sell-side busy late into the calendar year.

Diversified Healthcare’s zero-coupon bond highlighted the creative ways that bankers and borrowers can handle a tricky debt refinancing despite tight cashflow and restrictive credit agreements.