United Site Services, the largest national provider of portable sanitation services and complementary site solutions in the United States, has entered into a restructuring support agreement (the "RSA") with an ad hoc group of its existing lenders (the "Ad Hoc Lender Group") and the Company's ABL and revolving facility lenders to implement a comprehensive restructuring transaction that will reduce its funded debt levels, strengthen its balance sheet, and build enduring, long-term financial
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December 30, 2025 @ 07:45 AM
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Bloomberg reported Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.According to the Bloomberg report, the company is also weighing additional ways to shore up liquidity, including raising emergency financing or selling assets, the people said, asking not to be identified because they’re not authorized to speak
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December 24, 2025 @ 08:10 AM
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Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies, took home several honors in the second half of the year, most notably being named to Inc.’s Founder Friendly Investors list, being honored alongside GrowthCap’s Top Private Equity Firms of 2025, and being ranked among the Top 5 in both new deals and exits in PitchBook’s Third-Quarter League Tables.“We aspire to build better businesses every single day,” said Young Lee, Partner and Co-President of
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December 31, 2025 @ 07:08 AM
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ORIX Corporation USA (“ORIX USA”), the U.S. investment and asset management arm of ORIX Group, announced that President and CEO Terry Suzuki has assumed the role of Senior Managing Executive Officer of ORIX Corporation and is responsible for ORIX Group’s USA & Europe Business Unit, in addition to his current role at ORIX USA. The establishment of the USA & Europe Business Unit is part of ORIX Group’s new organizational structure designed to accelerate progress toward its 2035 long-term vision
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January 05, 2026 @ 08:02 AM
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Morningstar DBRS has published commentary on the U.S. banking sector that provides a neutral outlook for the U.S. banking sector in 2026, highlighting resilience amid economic challenges. Key highlights include:
Economic Environment and Banking Performance
The U.S. banking sector is expected to perform well in 2026, supported by a generally stable economic environment, despite signs of a softening labor market and ongoing inflation.
Anticipated U.S. GDP growth is projected at 2.0% for both
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December 24, 2025 @ 06:00 AM
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