Restructuring veteran Charles Noel-Johnson dies at 50

Escaped kids, hidden abuse — What happens when private equity enrolls in daycare?

In April 2025, Jake Stokes was picking up his five-year-old son from his KinderCare Education daycare center in Fort Wright, Kentucky, when a teacher pulled him aside. His son had been involved in a minor altercation with another child, but the staff assured him the boy was OK.

'Operation Royal Crown' — How a DQ list left Bank of America holding an unsettled trade

Two of distressed debt’s largest institutions are appearing at a hearing in a New York state court on Monday, 29 June to determine the scope of a trial that could transform the way DQ lists are enforced. It started like any other trade. Andrew Van Orden, a distressed trader at Bank of America, joined a Bloomberg chat in September 2021 with a single word: “yo.” Ethan Auerbach, a portfolio manager at the alternative asset manager Black Diamond Capital Management, replied within a few seconds: “Lmk how operation royal crown goes.”

European IG Wrap — NTT bucks the trend as issuance begins to tail off

LatAm Weekly — Canacol scores a win in Alberta, and Braskem takes a turn for the worse

Asia weekly — ByteDance eyes $20bn offshore financing

US IG Wrap — SpaceX bond underwhelms in the secondary, Sony returns