Reshmi Basu

Private equity backers to Symplr Software have agreed to inject the firm with around $175 million of preferred equity as part of a revamp that creates multiple debt securities and extends the timeline for repayment.

Brightspeed, the broadband provider backed by Apollo Global Management Inc., warned investors that there’s substantial doubt it will be able to continue as a going concern, as it presses ahead with its search for financing to meet looming debt obligations.

LIV Golf is preparing to file for bankruptcy protection as early as next week, according to people familiar with the situation.

Guggenheim Investments, the asset-management arm of Mark Walter’s Guggenheim Partners, is telling lenders that affiliates may look to buy portions of a loan issued by its financing entity after the debt’s value collapsed in recent weeks.

Hughes Satellite Systems Corp. filed for Chapter 11 bankruptcy protection on Sunday, saying intensifying competition was undermining its core broadband business.

Thoma Bravo’s Proofpoint Inc. reworked a proposed $5 billion loan refinancing before the deal priced late Wednesday, offering major concessions to lenders increasingly anxious about AI-driven tech disruption.

Goldman Sachs Group Inc. is gauging investor appetite for a potential $5.4 billion debt offering to help fund a Blackstone-backed QTS data center tied to Microsoft Corp., as bubble concerns push up costs for artificial intelligence infrastructure financings.

Pool supplier Leslie’s Inc. is considering a range of strategic options to address its debt load, including a potential Chapter 11 bankruptcy filing, according to people familiar with the matter.

Cable One Inc. is facing a steep cost to finalize the buyout of a company whose debt it has indicated it may not support when it comes due next year.

United PF Holdings, the largest operator of Planet Fitness gyms, is negotiating a potential deal with some lenders to swap their existing debt for equity in the company, according to people familiar with the matter.