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Dish Network negotiates billions of new money, debt swap with DNC convertible noteholders, I reported for Reorg Research yesterday citing sources $SATS

We at @Reorg first reported yesterday Spirit Airlines’ bankruptcy risk hours before our industry colleagues, citing sources. Stay hydrated, and have a great weekend ahead. $SAVE

TPG-backed Exactech filed Ch 11 this morning. Harvard Zhang and I have been on top of this credit for the past year, first reporting in July that the company was weighing an in-court restructuring before following up on Oct. 18 that a filing was imminent.

Hearthside Food Solutions is negotiating a potential debt restructuring with its lenders via a chapter 11 bankruptcy or an out-of-court transaction, I reported for Reorg Research a month ago citing sources

We at Octus first broke the news earlier today that ailing Canadian mass media company Corus Entertainment hired Jefferies to explore strategic options, citing sources. #scoop $CJREF

We at Octus reported on the non-public details of Springs Window Fashions’ recent LME. Octus first reported that the company was in talks for $350 million in superpriority debt on Nov. 11.

We at Octus first reported that Kinderhook-backed Better Health previewed a non pro rata LME with lenders, and followed up with the actual terms of the deal today, citing sources. Additionally, excluded lenders are discussing options with the law firm Glenn Agre.

Peep Octus’s 2025 distressed outlook, led by Harvard Zhang et al. 🎉

We at Octus first reported that privately-held discount retailer Bargain Hunt is headed towards a potential liquidation, possibly through a bankruptcy filing.

Bargain Hunt filed for Ch. 11 bankruptcy protection today - Octus *first* reported last week that a possible filing was on the horizon.

Platinum Equity-backed Oregon Tool announced an LME today, where the company received $156m in new money and kicked out maturities to Q4 ‘29. I reported over a month ago for Octus that the company was discussing LME options with a majority creditor group, citing sources.

We at Octus first reported that CVC-backed pharmaceutical company Alvogen had a substantial majority of its TL paid off via private credit, citing sources.

Cutera filed for Ch. 11 bankruptcy protection today. We Octus first reported the company was headed towards a filing late last year, citing sources.

We at Octus first reported that struggling drug store chain Rite Aid may need additional liquidity to stave off a second restructuring, citing sources. w/Harvard Zhang and Gaurav Sharma(高和）

We at Octus first reported on March 25 that privately-held Ascend Performance Materials is exploring a potential bankruptcy filing, citing sources.

Global Clean Energy filed for Ch. 11 bankruptcy protection on April 16th. We at Octus first reported that the company was preparing to file on April 1, advised by Kirkland & Ellis, as well as Lazard. #scoop #ch11

Ascend filed in the SDTX today, confirming Octus’s previous reporting.

We at Octus reported that privately-held PODS Moving & Storage secured new money, citing sources.

We at Octus first reported privately-held Anastasia Beverly Hills moved certain assets, including IP, away from lenders to potentially raise new financing, citing sources.

Genesis HealthCare filed for Ch. 11 bankruptcy protection last night. We at Octus first reported that the company was preparing to file on May 19, citing sources.