Texas Student Housing Authority filed for Chapter 9 bankruptcy protection, listing between $10 million and $50 million of liabilities.

New high-grade bond sales are expected to slow next week as the U.S. summer lull starts to kick in, with syndicate desks calling for just $15 billion to $20 billion of fresh supply.

Mexican non-bank lender Alpha Holding SA de CV was cut one notch by Fitch Ratings to C, the lowest credit grade before default, after the company said it won’t make a coupon payment due Saturday and instead exercise a 30-day grace period.

Pacific Theatres Exhibition Corp., the California theater chain that shut down because of the pandemic, said it filed for Chapter 7 bankruptcy and plans to liquidate, a big loss for film fans on the movie industry’s home turf.

Latam Airlines Group SA creditors are trying to sue Delta Air Lines Inc. and Qatar Airways QCSC, alleging they ripped off Latam in the run-up to bankruptcy.

Seadrill unit Seadrill New Finance in advanced talks with certain holders of 12% senior secured notes due 2025 about a restructuring of the notes.

A recent rally in the shares of Geo Group Inc., on of the largest operators of private prisons in the U.S., could be just what the company needs to get over its troubles, according to Wedbush Securities Inc.