News by subject: RCN

Since the announcement of its invitation to holders of certain eligible bonds (the "Eligible Bonds") as set forth in the invitation memorandum dated April 24, 2020 (as amended and supplemented from time to time, the "Invitation Memorandum") to submit...

H-Source Holdings Ltd. ("H-Source" or the "Company") , an innovative leader in the AI & SAAS based technology platform, and seeking to revolutionize the Global Healthcare procurement, logistics & distribution supply chain, today is providing further...

CarbonLite Holdings, LLC has retained Force 10 Partners to lead its restructuring effort, following its voluntary bankruptcy filing on March 8, 2021. Force 10 Co-founder Brian Weiss is serving as chief restructuring officer.  The Force 10 team is...

Creative Graphics, Inc., a print and digital marketing company, recently rebranded as CG Marketing Group. Though the company has offered print services and promotional products since 1979, it has seen greater growth in the last decade thanks to its...

MahiFX have announced today that they have completed a major rebranding, now establishing themselves as MahiMarkets as they expand into new asset classes. MahiMarkets' technology services previously centered around FX has expanded to include...

Wall Financial Corporation (the "Company") announced today that it has signed an agreement with a former director of the Company to repurchase 1,500,000 common shares of the Company (the "Common Shares") or approximately 4.42% of the 33,953,365...

Quad-C Management ("Quad-C"), a leading middle market private equity firm, announced today that it has agreed to sell its stake in AIT Worldwide Logistics, Inc. ("AIT"), a leading international non-asset-based freight forwarder, to The Jordan Company...

After reporting $1.2 billion in gross revenue for 2020, global freight forwarding leader AIT Worldwide Logistics has agreed to recapitalize with New York City-based middle-market financial firm The Jordan Company, L.P. (TJC). The transaction,...

Olin Corporation announced today that it plans to permanently shut down approximately 50% of its diaphragm-grade chlor alkali capacity (approximately 200,000 tons) at its McIntosh, Alabama facility.  The closure is expected to be completed by March...

Stoneway Capital Corporation ("Stoneway," and together with its subsidiaries and parent entities, the "Company") and an ad hoc group of note holders (the "Consenting Holders") holding a substantial majority of 10.000% Senior Secured Notes due 2027...

Cicis announced today that it has successfully emerged from Chapter 11 protection, swiftly completing the process in less than two months. The reorganization, which has strengthened the corporate team, company operations and financial structure,...

Frontera Energy Corporation ("Frontera" or the "Company") announces that the Toronto Stock Exchange (the "TSX") has accepted its notice to initiate a normal course issuer bid (the "NCIB") for its common shares (the "Common Shares"). Pursuant to the...

Calfrac Well Services Ltd. ("Calfrac" or the "Company") announced today the next step it is pursuing to modify one element of its prior disclosure by making an application to the Toronto Stock Exchange (the "TSX"). Background The matter being...

ACE Money Transfer has taken the final step to becoming an all-digital company. Since 1st  March 2021, ACE is 100% online. ACE has restructured its system and finally achieved their goal of shifting all operations onto a digital format. This is a...

Corrona, LLC, a leading provider of real-world evidence solutions, announced today that it has changed its name to CorEvitas [kohr-eh'-vi-tahs]. This rebranding reflects both the evolution of the company as well as its vision for the future....

CRB, a leading solutions provider for life sciences and food and beverage industries, today announces the integration of its design and construction groups. The changes strengthen the company's alignment with rising client demand for integrated...

Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") , a leading provider of digital marketing solutions, today announced that it has entered into an Amended and Restated Credit Agreement with the lender under its credit facility...

MegaWatt Lithium and Battery Metals Corp. (the "Company" or "MegaWatt") in conjunction with the previously announced name and symbol change is pleased to provide an updated Corporate Presentation that can be viewed through the Company's new website...

DLA Piper represented Argentina's Province of Salta in connection with its consent solicitation to modify the terms of its US$350 million 9.125% notes due 2024.  "We are pleased to have brought together an experienced cross-border team and extensive...

PetroShale Inc. ("PetroShale" or the "Company") is pleased to announce that it and its subsidiary, PetroShale (US), Inc. ("PetroShale US"), have entered into an agreement (the "Recapitalization Agreement") with FR XIII PetroShale Holdings L.P....

Second Avenue Capital Partners, LLC ("SACP") (www.secondavecp.com) has provided $6.5 million in debtor-in-possession ("DIP") financing to Solstice Sunglasses, the second-largest sunglass retailer in the United States. The DIP facility delivers...

Creedence Energy Services ("Creedence"), a portfolio company of Tower Arch Capital, is pleased to announce that it has recapitalized ProChem Energy Services, Inc. ("ProChem") in partnership with its founder, John Turner, and the leadership team of...

Valaris plc ("Valaris" or the "Company") today announced that it has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged Plan of Reorganization (the "Plan"). In addition to Bankruptcy Court...

Spicers Canada (a division of Central National Gottesman-CNG), a leading distributor of paper and specialty products, graphics and sign solutions, and industrial packaging supplies to the Canadian market, announced today that all divisions will begin...

Forian Inc. announced that it has completed the combination of Helix Technologies, Inc. and Medical Outcomes Research Analytics, LLC. The combination empowers Forian to provide a unique suite of SaaS solutions, data management capabilities and...

ProMedica and Welltower today announced two transactions to strengthen and expand their strong existing partnership while maintaining an unwavering focus on patient care and clinical outcomes.  The transactions serve to enhance the quality of the...

Following constructive discussions with representatives of the Province of Jujuy (the "Province"), the ad hoc bondholder group (the "Ad Hoc Group") of the Province confirms it has reached agreement with the Province on the terms of a proposed debt...

MegaWatt Lithium and Battery Metals Corp. (the "Company" or "MegaWatt") in conjunction with the previously announced name and symbol change is pleased to provide an updated Corporate Presentation that can be viewed through the Company's new website...

4Cable TV International, Inc. (the "Company") -- A group oriented to become a leader in Cannabis based products markets, today announced that after hard work putting together the Annual Reports for the years 2019 and 2020, the company is now...

Hertz Global Holdings, Inc. ("Hertz" or the "Company") today announced that it has reached a key milestone in the Company's Chapter 11 process by filing its proposed Plan of Reorganization ("Plan") and related Disclosure Statement with the U.S....

Wave Computing, Inc. ("Wave") and its subsidiaries including MIPS Tech, the processor technology company focused on the commercialization of RISC-based processor architectures and IP cores, today emerged from Chapter 11 bankruptcy protection. Going...

GHK Capital Partners LP ("GHK"), a Greenwich, Connecticut-based private equity firm pursuing control investments within the industrials sector, announced today that it completed the recapitalization ("the Recapitalization") of Brown & Settle, Inc....

Parkview Capital Partners Inc. ("Parkview"), a Toronto based investment firm, announces the restructuring of one of its portfolio companies, Active Industrial Solutions Inc. ("AIS"), and the sale of the mold and tooling operations in Windsor, Ontario...

Tricon Residential Inc. ("Tricon" or the "Company") , a rental housing company catering to the middle-market demographic throughout the United States and Canada, announced today that it has reached an agreement in principle to enter into a joint...

FlightHub, a leading online travel agency (OTA), has reached an agreement with the Canadian Competition Bureau that resolves all concerns related to certain representations on its platforms and paves the way for the company's emergence from its...

Belk today announced that it has successfully completed its financial restructuring, finalizing an expedited pre-packaged, one-day reorganization, and emerged well-positioned for long-term growth. Belk's plan of reorganization received nearly...

Global law firm Greenberg Traurig, LLP was counsel in two restructurings named on the Turnarounds & Workouts "Successful Restructurings of 2020" list. Greenberg Traurig's Restructuring & Bankruptcy Group advised on the following matters: Company...

The Dayton Power & Light (DP&L) Company, a subsidiary of The AES Corporation , continues to accelerate the future of energy, and announced today its new name and brand identity. DP&L is now AES Ohio....

A longtime U-Haul® self-move store at 160 Broadway Ave. has permanently closed its doors after 42 years of serving the Bedford community....

MPE Partners ("MPE" or "Morgenthaler Private Equity") announced today the recapitalization of MSHS Group (the "Company"), a leading independent, third-party maintenance, repair, and overhaul ("MRO") services provider for marine and power generation...

Western Forest Products Inc. ("Western" or the "Company") announced today the adoption by its board of directors (the "Board") of (i) amendments to its by-laws to allow for virtual meetings and (ii) an advance notice by-law....

Caregivers are the lifeblood of a home careT company. In snow or rain. In heat or high winds. Even in a global pandemic, caregivers go in to homes to provide care and compassion to our loved ones. That's why today, in recognition of National...

Oi S.A. ? In Judicial Reorganization (the "Company"), an integrated telecommunication service provider in Brazil, announced today that it is soliciting consents (the "Consent Solicitation") from holders of the 10.000%/12.000% Senior PIK Toggle Notes...

Spanish Broadcasting System, Inc. (the "Company", "we", "us", or "SBS") announced today the completion of its recapitalization and the closing of its previously announced offering of $310 million in aggregate principal amount of its senior secured...

InQuisient, a recognized leader in data management and strategic enterprise planning solutions, today announced the release of the company's strategic rebrand, new website, and revised platform design, in anticipation of the upcoming v10.5 release. ...

Macquarie Infrastructure Corporation today announced its operational and financial results for the fourth quarter and full year 2020 as well as plans to reorganize the enterprise to facilitate a sale of its remaining operating businesses. MIC today...

Roam.ai, an Amsterdam-based startup that provides highly accurate and battery-efficient location tracking for mobile apps, has announced its rebranding from GeoSpark. The transformation takes the company into the next phase of its existence with a...

Calumet Specialty Products Partners, L.P. ("Calumet" or  the "Partnership") today provided an update to the Partnership's strategic and business progress. Highlights: Closed the $70 million sale leaseback transaction for fuels terminal assets at the...

On Nov. 25, 2020, the Bankruptcy Court in the Southern District of New York confirmed Dean and DeLuca's Chapter 11 plan. The chain of upscale grocery stores and cafes filed a voluntary petition for relief on March 31, 2020. The Chapter 11 Plan became...

Today, Timothy Jeffries, and his wife, Mary Frances Jeffries, co-owners of ChemResearch Company, Inc., unveiled their 2021 plan designed to significantly improve company culture, better compensate employees, increase talent retention, pro-actively...