AMERICAS DISTRESS DAILY: GoHealth Fell on Going Concern Warning

GoHealth shares fell in extended trading on May 16 after the insurance company said there is substantial doubt about its ability to continue as a going concern and delayed the filing of its 10-Q for the three months ended March 31.

• There is a significant likelihood that the company will be unable to maintain compliance with its covenants and make scheduled principal and interest payments, the company said in an SEC filing.

In Other News:

• Private credit funds are grappling with a surge in problem loans, with restructuring advisers reporting a significant increase in workload as borrowers struggle with stalling ...