DISTRESS WATCH: Rackspace Nears Debt Deal; Byju’s in Court

Editor’s Note: Welcome to Distress Watch, an exclusive, data-driven look at the most important events in the world of troubled credits. Each week, we’ll show you where stress is building or easing within credit markets worldwide as well as the emerging situations that are worth watching with contributions from our global team of dedicated journalists. Please send feedback to
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What’s Keeping Us Busy

US cloud computing company Rackspace will hold an earnings call on Tuesday as it nears a restructuring deal with creditors to raise fresh ...