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         T R O U B L E D   C O M P A N Y   R E P O R T E R

              Tuesday, July 4, 2023, Vol. 27, No. 184

                            Headlines

AA HOSPITALITY: $3-Mil. Sale of Proctor Property to Patel Granted
ACADEMY FOR ACADEMIC: Moody's Hikes 2020A/B School Bonds to Ba1
ACCAM1 INC: Court OKs Interim Cash Collateral Access
AGILE THERAPEUTICS: Appoints New Chief Financial Officer
AIR METHODS: $1.25B Bank Debt Trades at 62% Discount

ALLIED HEALTHCARE: Gets OK to Hire Greensfelder as Special Counsel
ALVOGEN PHARMA: $831M Bank Debt Trades at 17% Discount
AMERICAN SAMOA: Moody's Affirms Ba3 Issuer Rating, Outlook Stable
ARCHDIOCESE OF NEW ORLEANS: Herman Advises 76 Abuse Claimants
ARIZONA INDUSTRIAL: S&P Lowers Revenue Bonds Rating to 'CCC-(sf)'

ARMATA PHARMACEUTICALS: Annual Meeting Scheduled for Aug. 29
ARTERA SERVICES: $135M Bank Debt Trades at 32% Discount
ASSOCIATED ASPHALT: S&P Lowers ICR to 'CCC' on Looming Maturity
ASURION LLC: $1.64B Bank Debt Trades at 15% Discount
ATHENEX INC: July 21 Claims Filing Deadline Set

ATLAS LITHIUM: Granted Priority Review for Neves Project Permitting
AUDACY CAPITAL: $770M Bank Debt Trades at 44% Discount
AVEANNA HEALTHCARE: $415M Bank Debt Trades at 36% Discount
AVISON YOUNG: $375M Bank Debt Trades at 38% Discount
BADGER FINANCE: $268M Bank Debt Trades at 23% Discount

BAUSCH + LOMB: S&P Affirms 'B-' Issuer Credit Rating, Outlook Pos.
BERWICK HOSPITAL: Unsecured Creditors to Get 10% in Plan
BIGHORN RESTAURANTS: Kevin Neiman Advises 3 Lessors
BIONIK LABORATORIES: Four Directors Tender Resignations
BIRCHINGTON LLC: Lender's Bid to Prohibit Cash Use Denied as Moot

BITNILE METAVERSE: Receives Voting Rights Rule Violation Notice
BLUE RIBBON: $368M Bank Debt Trades at 28% Discount
CALPLANT I: Objections to be Resolved at Confirmation Stage
CALPLANT I: To Seek Plan Confirmation on Aug. 15
CALPLANT I: Unsecureds to Get Nothing in Liquidating Plan

CARDINAL PARENT: $146.5M Bank Debt Trades at 19% Discount
CARNIVAL CORP: S&P Alters Outlook to Positive, Affirms 'B' ICR
CCS-CMGC HOLDINGS: $500M Bank Debt Trades at 25% Discount
CITY BREWING: $850M Bank Debt Trades at 40% Discount
CLEAN ENERGY: TAAD LLP Replaces Fruci & Associates as Auditor

CLOVIS ONCOLOGY: Paul Weiss, Cozen O'Connor Advise Bondholders
CMS ENERGY: Egan-Jones Retains BB+ Senior Unsecured Ratings
COBRA HOLDINGS: $205M Bank Debt Trades at 18% Discount
CONSUMER ACTION: Gregory Jones Named Subchapter V Trustee
CORPORATE HOUSING: Gets Interim Cash Collateral Access

CPC ACQUISITION: $225M Bank Debt Trades at 55% Discount
CROWN FINANCE: $650M Bank Debt Trades at 69% Discount
CROWN FINANCE: EUR607M Bank Debt Trades at 69% Discount
DAHLIA MEDITERRANEAN: Stephen Metz Named Subchapter V Trustee
DANA INC: Egan-Jones Retains BB- Senior Unsecured Ratings

DECURTIS HOLDINGS: Court OKs $6.5MM DIP Loan from Invictus
DIGITAL MEDIA: Two Proposals Passed at Annual Meeting
DIOCESE OF ROCHESTER: Andreozzi+Foote Advises 12 Abuse Claimants
DOMINO'S PIZZA: Egan-Jones Retains BB- Senior Unsecured Ratings
ELECTRONICS FOR IMAGING: $875M Bank Debt Trades at 32% Discount

EMBLEMHEALTH INC: A.M. Best Cuts LT Issuer Rating to ccc(Weak)
ENERGYSOLUTIONS LLC: Moody's Ups CFR & Secured 1st Lien Debt to B2
ENVISION HEALTHCARE: $2.20B Bank Debt Trades at 37% Discount
EVANGELICAL RETIREMENT: Court OKs Cash Access Thru July 5
FH MD PARENT: Moody's Lowers CFR to Caa1, Outlook Remains Stable

FIRSTENERGY CORP: Egan-Jones Retains BB Senior Unsecured Ratings
FORMING MACHINING: $260M Bank Debt Trades at 22% Discount
GARRETT MOTION: Fitch Assigns 'BB-' LongTerm IDR, Outlook Stable
GENERAL ELECTRIC: Egan-Jones Retains BB+ Senior Unsecured Ratings
GLOBAL TEL LINK: $475M Bank Debt Trades at 20% Discount

GOLYAN ENTERPRISES: Has Deal on Cash Collateral Access
GOPHER RESOURCE: $510M Bank Debt Trades at 18% Discount
GOTO GROUP: $2.25B Bank Debt Trades at 37% Discount
GREATER FELLOWSHIP: Sept. 21 Plan Confirmation Hearing Set
HBL SNF: No Resident Care Concerns, 7th PCO Report Says

HELIX ENERGY: Egan-Jones Retains CCC+ Senior Unsecured Ratings
HERITAGE SPECIALTY: Amy Mitchell Named Subchapter V Trustee
HERTZ CORP: Former CEO Wins Clawback Suit Over Accounting Errors
HEXCEL CORP: Egan-Jones Retains BB+ Senior Unsecured Ratings
HOLLOWAY CROSSING: Files Immaterial Modification to Plan

HUB DUB: Ken Novak Named Subchapter V Trustee
HYDROFARM HOLDINGS: $125M Bank Debt Trades at 16% Discount
I&A DEVELOPMENT: Extends Deadline to File Plan to Aug. 28
IBIO INC: Appoints Dr. Martin Brenner as CEO, Felipe Duran as CFO
INDERJEET SINGH: $1.6MM Private Sale of Long Island City Condo OK'd

IRIDIUM COMMUNICATIONS: Egan-Jones Retains B- Sr. Unsecured Ratings
ISTANBUL REGO: Unsecureds to Get 7% Dividend in Plan
ITTELLA INT'L: Tattooed Chef Files for Chapter 11 to Pursue Sale
ITTELLA INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
IVANTI SOFTWARE: $1.75B Bank Debt Trades at 15% Discount

IVANTI SOFTWARE: $545M Bank Debt Trades at 35% Discount
JBM SPECIALTIES: Forshey Prostok Advises Equity Holders
JEFFRIES LLC: Egan-Jones Retains BB+ Senior Unsecured Ratings
JETBLUE AIRWAYS: Egan-Jones Retains B- Senior Unsecured Ratings
JOHN FITZGIBBON: Fitch Lowers Long IDRs to 'CCC'

JOHN RANDOLPH WOOD: Sale of Benton County Property for $1-Mil. OK'd
K STREET: Seeks to Extend Disclosures Filing Deadline to July 14
LHOTSE CIS LLC: Court Approves Sale of Comfort Suites in Houston
LHS BORROWER: $1.41B Bank Debt Trades at 17% Discount
LIFESCAN GLOBAL: $1.01B Bank Debt Trades at 18% Discount

LINCOLN POWER: Plan Confirmation Hearing Set for July 26
LITIGATION PRACTICE: Two New Committee Members Appointed
MAISON ROYALE: Greta Brouphy Named Subchapter V Trustee
MALLINCKRODT PLC: Gets Delay of $200M Opioid Payment to July 7
MARIOTT INTERNATIONAL: Egan-Jones Retains BB+ Sr. Unsecured Ratings

MATREIYA TRANS: Plan Confirmation Deadline Extended to Sept. 25
MATRIX PARENT: $380M Bank Debt Trades at 32% Discount
MATRIX PARENT: Moody's Cuts CFR to Caa1 & Alters Outlook to Neg.
MAVENIR SYSTEMS: $145M Bank Debt Trades at 29% Discount
MAVENIR SYSTEMS: $585M Bank Debt Trades at 28% Discount

MBIA INC: Egan-Jones Retains CCC- Senior Unsecured Ratings
MEHLING ORTHOPEDICS: Joseph Tomaino Submits First PCO Report
MONITRONICS INTL: Chapter 11 Plan to Cut $734 Million Debt Okayed
MURPHY CREEK: Unsecureds to be Paid From Proceeds of Sale
MURPHY OIL: Egan-Jones Retains BB+ Senior Unsecured Ratings

NATURALSHRIMP INC: Incurs $16 Million Net Loss in FY Ended March 31
NAUTILUS POWER: $486M Bank Debt Trades at 25% Discount
NEYOWS OF ATLANTA: John Whaley Named Subchapter V Trustee
NIR LLC: Seeks Chapter 11 Bankruptcy Protection
NMG HOLDING: S&P Alters Outlook to Stable, Affirms 'B-' ICR

ONE CALL: $700M Bank Debt Trades at 28% Discount
ONORATI CONSTRUCTION: Nicole Nigrelli Named Subchapter V Trustee
OUTPUT SERVICES: $180M Bank Debt Trades at 72% Discount
P&P CONSTRUCTION: Unsecureds to Get Up To 100% in Plan
PACKERS HOLDINGS: $1.24B Bank Debt Trades at 30% Discount

PATAGONIA HOLDCO: $1.30B Bank Debt Trades at 17% Discount
PECF USS INTERMEDIATE: $2B Bank Debt Trades at 18% Discount
PEER STREET: Seeks Cash Collateral Access
PHOTO HOLDINGS: S&P Upgrades ICR to 'CCC+', Outlook Negative
PLASTIQ INC: Court OKs $7.1MM DIP Loan from Blue Torch

PLUTO ACQUISITION I: $873M Bank Debt Trades at 18% Discount
POMONA VALLEY: No Patient Complaints, 1st PCO Report Says
POWER STOP: $395M Bank Debt Trades at 25% Discount
PRECISION FORGING: Wins Cash Collateral Access on Final Basis
PROMERICA FINANCIAL: Fitch Ups LongTerm IDR to B+, Outlook Stable

PROSPERITAS LEADERSHIP: J. McConnell Named Subchapter V Trustee
QUALITY EDUCATION: Moody's Rates New $11.5MM School Bonds 'Ba2'
QUALTEK LLC: $380M Bank Debt Trades at 68% Discount
QUALTEK SERVICES: Bankruptcy Court Confirms Reorganization Plan
R&G DEVELOPMENT: Court Approves Disclosure Statement

RACKSPACE TECHNOLOGY: $2.3B Bank Debt Trades at 54% Discount
RAYONIER ADVANCED: S&P Downgrades ICR to 'B-', On Watch Negative
RELOADED GAMES: Robert Goe Named Subchapter V Trustee
RIALTO BIOENERGY: Two New Committee Members Appointed
RISING TIDE: $397M Bank Debt Trades at 39% Discount

RODAN & FIELDS: $600M Bank Debt Trades at 62% Discount
ROGER T. BRILL: Jerrett McConnell Named Subchapter V Trustee
ROYAL BLUE REALTY: May Use $119,281of Cash Collateral Thru Oct 31
ROYALE ENERGY: Posts $1 Million Net Income in First Quarter
SABRE GLBL: $404M Bank Debt Trades at 21% Discount

SAMUEL E. SCOTT: McGregor's $240K Sale of Personal Property OK'd
SAMUEL E. SCOTT: Rep Sells Personal Property Located in Hazlehurst
SIGNAL PARENT: $550M Bank Debt Trades at 19% Discount
SOUND INPATIENT: $610M Bank Debt Trades at 41% Discount
SOUTH AMERICAN BEEF: Auction of Two Cars via BringATrailer.com OK'd

SOUTHERN MOTEL: Robert Byrd Named Subchapter V Trustee
SPL PARTNERS: Sale of New York Property to Signature Approved
SURGALIGN HOLDINGS: U.S. Trustee Appoints Creditors' Committee
TACORA RESOURCES: Moody's Lowers CFR to 'C', Outlook Negative
TANNER CONSTRUCTION: Wins Interim Cash Collateral Access

TECHNICOLOR CREATIVE: $42M Bank Debt Trades at 16% Discount
TEREX CORP: S&P Alters Outlook to Positive, Affirms 'BB-' ICR
TEXAS CORE: Sale of Personal and Real Properties in Kilgore OK'd
THREE AMINOS: Michael Abelow Named Subchapter V Trustee
TIMOTHY MCCALLAN: Heritage Online Sale of Melbourne Property Okayed

TIMOTHY MCCALLAN: Heritage Online Sale of Personal Property Okayed
TIMOTHY WAYNE LAQUAY: $605K Sale of Port Lavaca Property Okayed
TOSCA SERVICES: $626M Bank Debt Trades at 19% Discount
TRANSIT PHYSICAL: U.S. Trustee Appoints Tamar Terzian as PCO
TRISTAR DRYWALL: Case Summary & 20 Largest Unsecured Creditors

TYSON FAMILY: Jennifer Bennington Named Subchapter V Trustee
UNITED SAFETY: Soneet Kapila Named Subchapter V Trustee
UNIVERSAL DOOR: Addresses UST's Disclosure Objections
VERITAS US: EUR748M Bank Debt Trades at 17% Discount
WE KICK BRASS: Court OKs Interim Cash Collateral Access

WELCH & WELCH: Kizer Bonds Represents Nutrien, Helena
WESCO AIRCRAFT: S&P Lowers ICR to 'D' on Bankruptcy Filing
WESLEY ENHANCED: Fitch Affirms 'BB' IDR, Outlook Stable
WESTERN GLOBAL: Fitch Withdraws CCC- Issuer Default Rating
WHO DAT?: Files Immaterial Modifications of Plan

WW INTERNATIONAL: $945M Bank Debt Trades at 35% Discount
ZAYO GROUP: EUR750M Bank Debt Trades at 20% Discount
ZIP MAILING: Equipment Sale Approval Hearing Set for July 18
[^] Large Companies with Insolvent Balance Sheet

                            *********

AA HOSPITALITY: $3-Mil. Sale of Proctor Property to Patel Granted
-----------------------------------------------------------------
Judge William J. Fisher of the U.S. Bankruptcy Court District of
Minnesota authorized AA Hospitality Northshore LLC to sell to
Rakesh Patel and/or his designated entity for $3 million the real
property located at 9315 Westgate Blvd., in Proctor, Minnesota
55810, together with all existing or subsequently erected or
affixed buildings, improvements and fixtures; all easements, rights
of way, and appurtenances; all water, water rights, watercourses
and ditch rights (including stock in utilities with ditch or
irrigation rights); and all other rights, royalties, and profits
relating to the real property, including without limitation all
minerals, oil, gas, geothermal and similar matters.

AA Hospitality is authorized to perform under the Purchase and Sale
Agreement dated June 2, 2023.

The sale is free and clear of all liens, claims, encumbrances, and
other interests, and such interests will attach to the proceeds of
the sale.

AA Hospitality is authorized to pay from proceeds of the sale of
the Assets any and all closing or title fees and expenses and all
other expense required to be paid under the terms of the Sale
Agreement, including any unpaid property taxes.  It is also
authorized to use the proceeds of the sale to pay the following
secured lenders in full and complete satisfaction of the mortgages,
liens, and debts owed to them:

     a. Zions Bancorporation, N.A.;
     b. United States Small Business Administration;
     c. Carlson Duluth Company;
     d. St. Louis County Auditor;
     e. City of Proctor;
     f. Minnesota Department of Revenue; and
     g. AFCO Premium Credit LLC.

Notwithstanding Fed. R. Bankr. P. 6004(h) and 6006(d), the Order
will take effect immediately upon entry, and in the absence of any
entity obtaining a stay pending appeal, AA Hospitality and the
Buyer are free to close under the Sale Agreement at any time.

              About AA Hospitality Northshore LLC

AA Hospitality Northshore LLC is a Single Asset Real Estate
located
at 9315 Westgate Blvd Proctor, MN 55810.

AA Hospitality Northshore sought Chapter 11 protection (Bankr. D.
Minn. Case No. 23-50219) on May 8, 2023.  Judge William J. Fisher
oversees the case.

The Debtor estimated assets and liabilities in the range of $1
million to $10 million.

The Debtor tapped Ryan T. Murphy, Esq., at Fredrikson & Byron,
P.A.
as counsel.

The petition was signed by Aruna Patel as managing member.



ACADEMY FOR ACADEMIC: Moody's Hikes 2020A/B School Bonds to Ba1
---------------------------------------------------------------
Moody's Investors Service has upgraded to Ba1 from Ba2 Academy for
Academic Excellence, CA's Charter School Revenue Bonds, Series
2020A and Series 2020B. The Academy for Academic Excellence (AAE)
has $9.1 million in revenue debt outstanding. The High Desert
"Partnership in Academic Excellence" Foundation, Inc. (the
Foundation), which operates AAE has a total of $55 million in
revenue debt outstanding, $46 million of which is not rated. The
outlook is stable.

RATINGS RATIONALE

The upgrade of AAE's revenue bond rating to Ba1 reflects the
improvement in liquidity and its strong and stable competitive
profile. The rating also considers the increased leverage of the
Foundation, which operates AAE. AAE has been operating at
essentially full enrollment since fiscal 2016, and student demand
remains strong as demonstrated by a waiting list that exceeds
current enrollment. Academic performance outperforms the local
district, and testing result are also above state averages. The
rating acknowledges the strong debt service coverage on the Series
2020 bonds provided by AAE's operations, but also considers the
more moderate debt service coverage and higher leverage of the
Foundation. AAE benefits from a lack of charter competition in its
service area and has long history of charter renewals with its
authorizer, Apple Valley Unified School District. AAE remains in
good standing with its authorizer and prospects are good for
another renewal in 2027.  

RATING OUTLOOK

The stable outlook reflects the expectation that the AAE's
operating performance will remain healthy, supporting sound
liquidity and debt service coverage. The stable outlook also
reflects an expectation of enrollment stability and good prospects
for charter renewal because of the school's strong operations and
good working relationship with its authorizer.

FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATINGS

-- Reduced leverage and strengthened operations of the Foundation

-- Sustained maintenance of healthy liquidity and debt service
    coverage

FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATINGS

-- Material erosion in operating performance that results in
    narrower liquidity and/or weaker debt service coverage

-- Weakening in the school's competitive profile

LEGAL SECURITY

All of the charter school revenue bonds are payable from payments
received pursuant to a Loan Agreement between the California
Enterprise Development Authority and 17500 Mana Road LLC. (LLC), a
limited liability company whose sole member is The High Desert
"Partnership in Academic Excellence" Foundation. Under the Loan
Agreement, the LLC will serve as borrower and owner of the charter
school land and property.

The LLC will make debt service payments from pledged revenues,
which consist of all revenues derived under a Lease Agreement with
the High Desert "Partnership in Academic Excellence" Foundation,
Inc. (the Foundation). Pledged lease payments in turn are secured
by all revenues, to the extent permitted, of Academy for Academic
Excellence. The Foundation is involved in a number of different
initiatives: a second charter school, the Norton Science and
Language Academy; the Goldstone Apple Valley Radio Telescope Radio
Astronomy Program; the Apple Valley Center for Innovation and the
Lewis Center Foundation. However, none of the revenues or resources
of these programs are pledged to secure the Series 2020 bonds.

Legal provisions are relatively weak, with a debt service coverage
requirement of 1.1x and a 45 days' cash requirement. Should
coverage or liquidity fall below these levels, a consultant must be
hired. Covenants also include an additional bonds test requiring
1.1x coverage in the prior fiscal year of maximum annual debt
service (MADS) exclusive of any payments on the Series 2020 bonds
or a consultant report demonstrating not less than 1.2x coverage of
MADS, exclusive of the Series 2020 bonds, for the three consecutive
years. Coverage of less than 1.0x constitutes an event of default.

The bond reserve requirement equals the traditional, three-pronged
test of the least of maximum annual debt service, 125% of average
annual principal and interest, or 10% of the original principal
amount. There is also a repair and replacement fund as determined
to be required by a consultant.

The structure also benefits from a Lease Blocked Account Agreement
under which the Foundation has agreed to immediately deposit with
the Trustee any amounts received from the San Bernardino Office of
Education. After deducting any amounts that do not constitute
revenues of the school, the Trustee will then use available funds
to make lease payments for debt service and any fees or
deficiencies, prior to the return of funds to the Foundation.
Notably, payments to the Lewis Center for Educational Research for
administrative services for the school are deducted from revenues
of the school and have not been made subordinate to debt service
payments. In the event of default, the bonds are additionally
secured by a deed of trust on the school property.

PROFILE

Initially opened in 1997 as an independent study program serving
just over 200 students, the Academy for Academic Excellence (AAE)
now serves 1,484 students in grades TK-12 on a large, 150-acre
campus in Apple Valley, California, about one hour north of the
City of San Bernardino.

The school's charter with the Apple Valley Unified School District
has been renewed five times, most recently in 2017 for the maximum
term of five years. As with all charter schools in California,
Assembly Bill 130 automatically renewed AAE's contract for two
years resulting in an extension until June 30, 2027.

In addition to operating AAE, the Foundation also runs a second
charter school called the Norton Science and Language Academy
located in San Bernardino; the Goldstone Apple Valley Radio
Telescope Radio Astronomy Program; the Apple Valley Center for
Innovation and the Lewis Center Foundation

METHODOLOGY

The principal methodology used in these ratings was US Charter
Schools published in September 2016.


ACCAM1 INC: Court OKs Interim Cash Collateral Access
----------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida, Fort
Myers Division, authorized Accam1, Inc. to use the cash collateral
of Regions Bank on an interim basis in accordance with the budget,
with a 10% variance, through July 12, 2023.

As adequate protection for the Debtor's use of cash collateral,
Regions Bank will have a first priority post-petition security
interest in, and lien upon, all of the Debtor's personal property,
to the same extent the Secured Creditor held a properly perfected
prepetition security interest or lien in assets immediately prior
to the filing of the petition commencing the case. The
Post-Petition Lien is, and will be deemed, perfected without the
need to execute or file any document or instrument that might
otherwise be required under applicable non-bankruptcy law to
perfect said lien.

In the event that diminution occurs in the value of cash collateral
from and after the Petition Date as a result of the Debtor's use
thereof in an amount in excess of the value of the Replacement
Liens granted, then Regions will be granted an administrative claim
under 11 U.S.C. section 507(b). Regions' administrative expense
claim will not attach to or be paid from the proceeds of any
avoidance actions.

The Debtor will maintain insurance for Regions' collateral
including the commercial real property in the same form and amount
consistent with the requirements of the loan documents.

A continued hearing on the matter is set for July 12 at 10:30 a.m.

A copy of the Court's order and the Debtor's budget is available at
https://urlcurt.com/u?l=EVbZbx from PacerMonitor.com.

The Debtor projects $42,000 in gross profit and $69,229 in total
expenses for one month.

                        About Accam1, Inc.

Accam1, Inc. sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 23-00574) on May 23,
2023. In the petition signed by Al Mueller, president, the Debtor
disclosed up to $10 million in both assets and liabilities.

Judge Caryl E. Delano oversees the case.

Jonathan Bierfeld, Esq., at Martin Law Firm, represents the Debtor
as legal counsel.



AGILE THERAPEUTICS: Appoints New Chief Financial Officer
--------------------------------------------------------
The Board of Directors of Agile Therapeutics, Inc. appointed Scott
Coiante to serve as senior vice president, chief financial officer
and treasurer, effective Aug. 16, 2023.  The Company has engaged
its independent compensation consultant to assist the Company in
preparing compensation arrangements for Mr. Coiante.

Mr. Coiante, age 56, joined the Company from Aprea Therapeutics,
Inc. where he served as the chief financial officer from August
2019 until January 2023 and remained as an employee through March
31, 2023.  Prior to joining Aprea Therapeutics, Inc., Mr. Coiante
served as the Company's senior vice president and chief financial
officer from 2010 to August 2019.  From 2002 to 2010, Mr. Coiante
was vice president of Finance and Treasurer at Medarex, Inc.,
formerly a NASDAQ listed biotech company that was acquired in 2009
by Bristol Myers Squibb.  From 1989 to 2002, Mr. Coiante held
management positions of increasing responsibilities at Ernst &
Young LLP.  Mr. Coiante received a B.S. in Accounting from
Villanova University.
There are no arrangements or understandings between Mr. Coiante and
any other person pursuant to which he was selected for the
positions to which he was appointed.  There are no family
relationships between Mr. Coiante and any director or executive
officer of the Company and Mr. Coiante has no direct or indirect
material interest in any transaction required to be disclosed
pursuant to Item 404(a) of Regulation S-K.

On June 21, 2023, the Company and Jason Butch came to a mutual
agreement pursuant to which Mr. Butch will separate from service as
the chief accounting officer, effective Aug. 15, 2023.  Mr. Butch
will remain with the Company through Aug. 15, 2023, and his
compensation will remain unchanged during that time.  The Company
thanks Mr. Butch for his service and contributions to the Company.

Due to the mutual agreement, Mr. Butch's separation from service
will be treated as a termination by the Company without cause under
his employment offer letter agreement, dated May 28, 2020, with the
Company.  Mr. Butch is expected to sign a transition and separation
agreement, which includes a general release of claims in favor of
the Company and its affiliates, pursuant to which Mr. Butch will
continue to serve in his current role through Aug. 15, 2023.
Provided that Mr. Butch signs and does not revoke the Transition
Agreement and a reaffirmation of the general release of claims at
the time of his termination of employment, Mr. Butch will be
entitled to receive 6 months of continued base salary and health
care continuation subsidies as the severance payments and benefits
contemplated by his Employment Agreement on a termination by the
Company without cause.  Mr. Butch is bound by confidentiality,
non-solicitation and non-competition covenants.

                   About Agile Therapeutics Inc.

Agile Therapeutics, Inc. is a women's healthcare company dedicated
to fulfilling the unmet health needs of today's women.  The
Company's product and product candidates are designed to provide
women with contraceptive options that offer freedom from taking a
daily pill, without committing to a longer-acting method.  Its
initial product, Twirla, (levonorgestrel and ethinyl estradiol), a
transdermal system, is a non-daily prescription contraceptive.

Agile reported a net loss of $25.41 million for the year ended Dec.
31, 2022, compared to a net loss of $71.07 million for the year
ended Dec. 31, 2021.

Iselin, New Jersey-based Ernst & Young LLP, the Company's auditor
since 2010, issued a "going concern" qualification in its report
dated March 22, 2023, citing that the Company has generated losses
since inception, used substantial cash in operations, anticipates
it will continue to incur net losses for the foreseeable future,
requires additional capital to fund its operating needs and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.


AIR METHODS: $1.25B Bank Debt Trades at 62% Discount
----------------------------------------------------
Participations in a syndicated loan under which Air Methods Corp is
a borrower were trading in the secondary market around 37.6
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $1.25 billion facility is a Term loan that is scheduled to
mature on April 21, 2024.  About $1.18 billion of the loan is
withdrawn and outstanding.

Air Methods Corporation provides ambulance services. The Company
offers emergency medical services by air transport.



ALLIED HEALTHCARE: Gets OK to Hire Greensfelder as Special Counsel
------------------------------------------------------------------
Allied Healthcare Products, Inc. received approval from the U.S.
Bankruptcy Court for the Eastern District of Missouri to employ
Greensfelder, Hemker & Gale, P.C. as special counsel.

The firm's services include:

   a. advising and representing the Debtor in connection with the
potential sale of its assets;

   b. advising and representing the Debtor in connection with
potential corporate governance matters;

   c. advising and representing the Debtor in connection with
potential securities matters; and

   d. providing such other services to Debtor as may be necessary
in this Chapter 11 case.

Greensfelder will be paid at these rates:

     Partners     $310 $805 per hour
     Of Counsel   $245 to $575 per hour
     Associates   $200 to $400 per hour
     Paralegals   $120 to $280 per hour

The firm received from the Debtor a retainer of $253,345.50.

Edward Chod, Esq., a partner at Greensfelder, disclosed in a court
filing that his firm is a "disinterested person" pursuant to
Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Edward A. Chod, Esq.
     Greensfelder, Hemker & Gale, P.C.
     10 South Broadway Street, Suite 2000
     St. Louis, MO 63102
     Tel: (314) 516-2618
     Fax: (314) 241-8624
     Email: eac@greensfelder.com

                 About Allied Healthcare Products

Allied Healthcare Products Inc. is a manufacturer of AHP300
transport ventilator, carbon dioxide absorbent, suction regulators
and aspirators, ventilators, emergency products, and medical gas
systems. The company is based in Saint Louis, Mo.

Allied Healthcare Products filed a petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Mo. Case No.
23-41607) on May 8, 2023, with $10 million to $50 million in both
assets and liabilities. Akash Amin, president and chief
restructuring officer, signed the petition.

Judge Brian C. Walsh oversees the case.

The Debtor tapped Spencer Fane LLP as bankruptcy counsel; McMahon
Berger, P.C. as labor counsel; MorrisAnderson & Associates, Ltd. as
restructuring management and financial advisor; and Ravinia
Capital, LLC as broker and investment banker.


ALVOGEN PHARMA: $831M Bank Debt Trades at 17% Discount
------------------------------------------------------
Participations in a syndicated loan under which Alvogen Pharma US
Inc is a borrower were trading in the secondary market around 83
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $831.3 million facility is a Term loan that is scheduled to
mature on June 30, 2025.  The amount is fully drawn and
outstanding.

Alvogen Pharma US, Inc. is a subsidiary of Alvogen Lux Holdings
S.a.r.l. Alvogen comprises the US generic pharmaceuticals and
contract manufacturing operations of LuxCo, which also has
international operations not included in the US credit group. For
the twelve months ended September 30, 2022, Alvogen reported
revenues of approximately $468 million. Alvogen is owned by a
consortium of private equity firms including CVC Capital and
Temasek. The company's CEO Robert Wessman also owns a significant
stake in the company.


AMERICAN SAMOA: Moody's Affirms Ba3 Issuer Rating, Outlook Stable
-----------------------------------------------------------------
Moody's Investors Service has affirmed the Territory of American
Samoa's Ba3 issuer rating and also affirmed the Ba3 ratings on
American Samoa's outstanding general revenue bonds. American Samoa
had $129.5 million of general revenue bonds outstanding at the end
of fiscal 2022. The outlook is stable.

RATINGS RATIONALE

The Ba3 issuer rating reflects American Samoa's status as a US
territory that receives generous operating and capital assistance
from the federal government, which has enabled the government to
maintain a solid financial position. The rating also factors in the
territory's small and volatile economy with employment concentrated
in government and tuna packing; very low resident income levels;
above-average long-term liabilities; and risks associated with
operating a government-owned charter bank. The rating also reflects
significant exposure to physical climate risks, namely sea level
rise.

American Samoa's Ba3 general revenue bond rating is the same as the
territory's issuer rating given the government's pledge of its full
faith and credit and broad revenue base to repay the bonds.

RATING OUTLOOK

The stable outlook reflects the territory's solid financial
position and significant federal government support, which will
enable the territory to weather economic swings that may occur in
the next two years.

FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATINGS

-- Diversification and growth of economy

-- Substantial improvement in financial management
    and governance coupled with reduced liabilities

FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATINGS

-- Weakening of financial position

-- Economic deterioration

-- Reduction of US federal government support

-- Significant increase of debt and pension liabilities

LEGAL SECURITY

The general revenue bonds are backed by the full faith and credit
of the territory. They are additionally secured by a pledge of
specific revenue. As defined by the bond indenture, the pledged
revenue is comprised of personal income taxes, corporate income
taxes and certain excise taxes that include a tax on imported beer,
malt extract, alcoholic beverages, motor vehicles and other items.
The pledge of tax revenue is subject to the prior deduction of
certain legislative earmark deductions.

PROFILE

American Samoa is a chain of seven small islands in the Pacific
Ocean about 2,700 miles southwest of Hawaii and 2,300 miles
northeast of New Zealand that became a US territory in 1900. The
territory is self-governing under a 1966 constitution. The economy
is concentrated in government and tuna packing and the population
was 49,710 as of the 2020 Census.

METHODOLOGY

The principal methodology used in these ratings was US States and
Territories Methodology published in March 2022.


ARCHDIOCESE OF NEW ORLEANS: Herman Advises 76 Abuse Claimants
-------------------------------------------------------------
Herman, Herman & Katz, L.L.C., Shearman~Denenea, L.L.C., and
Richard C. Trahant filed a verified statement in the Chapter 11
case of the Roman Catholic Church of The Archdiocese of New Orleans
pursuant to Rule 2019 of the Federal Rules of Bankruptcy
Procedure.

The firms disclose that they represent 76 creditors who assert
claims and causes of action against the Debtor in connection with
allegations of sexual assault against the Debtor.  To protect the
privacy and confidentiality of the creditors, the real names of the
creditors and addresses were not disclosed in publicly available
filings.  The Debtor received actual notice of the real names of
each plaintiff in state court and/or via claim form.

The firms can be reached at:

        Soren E. Gisleson, Esq.
        Joseph E. "Jed" Cain, Esq.
        HERMAN, HERMAN & KATZ, L.L.C.
        820 O'Keefe Avenue
        New Orleans, LA 70113
        Tel: 504-581-4892
        Fax: 504-561-6024
        E-mail: sgisleson@hhklawfirm.com
                jcain@hhklawfirm.com

             - and -

        John H. Denenea, Jr.,  Esq.
        SHEARMAN~DENENEA, L.L.C.
        4240 Canal Street
        New Orleans, LA 70119
        Tel: (504) 304-4582
        Fax: (504) 304-4587
        E-mail: jdenenea@midcitylaw.com

             - and -

        Richard C. Trahant, Esq.
        RICHARD C. TRAHANT
        2908 Hessmer Avenue
        Metairie, LA 70002
        Tel: (504) 780-9891
        Fax: (504) 780-9891
        E-mail: trahant@trahantlawoffice.com

                About The Roman Catholic Church of
                 the Archdiocese of New Orleans

The Roman Catholic Church of the Archdiocese of New Orleans --
https://www.nolacatholic.org/ -- is a non-profit religious
corporation incorporated under the laws of the State of Louisiana.

Created as a diocese in 1793, and established as an archdiocese in
1850, the Archdiocese of New Orleans has educated hundreds of
thousands in its schools, provided religious services to its
churches and provided charitable assistance to individuals in need,
including those affected by hurricanes, floods, natural disasters,
war, civil unrest, plagues, epidemics, and illness.  Currently, the
archdiocese's geographic footprint occupies over 4,200 square miles
in southeast Louisiana and includes eight civil parishes:
Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. John
the Baptist, St. Tammany, and Washington.

The Roman Catholic Church for the Archdiocese of New Orleans sought
Chapter 11 protection (Bankr. E.D. La. Case No. 20-10846) on May 1,
2020.  The archdiocese was estimated to have $100 million to $500
million in assets and liabilities as of the bankruptcy filing.

Judge Meredith S. Grabill oversees the case.

Jones Walker, LLP and Blank Rome, LLP, serve as the archdiocese's
bankruptcy counsel and special counsel, respectively.  Donlin,
Recano & Company, Inc., is the claims agent.

The U.S. Trustee for Region 5 appointed an official committee of
unsecured creditors on May 20, 2020.  The committee is represented
by the law firms of Pachulski Stang Ziehl & Jones, LLP and Locke
Lord, LLP.  Berkeley Research Group, LLC is the committee's
financial advisor.


ARIZONA INDUSTRIAL: S&P Lowers Revenue Bonds Rating to 'CCC-(sf)'
-----------------------------------------------------------------
S&P Global Ratings lowered its long-term ratings on the Arizona
Industrial Development Authority's series 2019A, 2019B, and 2019C
senior living revenue bonds (Great Lakes Senior Living Communities
Project [GLSLC LLC]) two notches each to 'CCC-(sf)' from
'CCC+(sf)'. The outlook is negative.

"The downgrade reflects the borrower's projected shortfall in funds
available for debt service on the July 1 interest payment date, as
disclosed in a June 21 disclosure on Electronic Municipal Market
Access, likely requiring a draw on debt service reserve funds to
make full and timely payment," said S&P Global Ratings credit
analyst Dan Pulter, "and our opinion that a payment default,
distressed exchange, or redemption appears to be inevitable within
six months, absent unanticipated significantly favorable changes in
the project's circumstances."

The series 2019 bonds are special limited obligations of the
issuer, payable by the issuer solely from, and secured exclusively
by, the trust estate and not from any other fund or source of the
issuer. GLSLC LLC, as borrower, agreed to pay all project revenues
to the trustee for deposit in the revenue fund and application in
accordance with the trust indenture.

The 2019 issuance consists of five tranches of debt, with the
fourth and fifth tranches unrated. Proceeds of the original bonds,
with a total par amount of $380.2 million, were used by the
borrower to acquire eight senior living facilities across Michigan
and Ohio, consisting of 1,254 rental independent-living,
assisted-living, and memory care units. Proceeds of the bonds also
funded debt service reserve funds for the series B and C bonds. As
of fiscal year-end Dec. 31, 2022, $376.2 million in series 2019
bonds remained outstanding, along with an additional $19.5 million
in fourth- and fifth-tier parity bonds issued in 2021 to address
project capital expenditure needs.

The ratings reflect S&P's view that a default, distressed exchange,
or redemption appears to be inevitable within six months, absent
unanticipated significantly favorable changes in the project's
circumstances. All three series of bonds are rated 'CCC-' with no
differentiation for subordination due to a structural feature,
outlined in transaction documents, stating that proceeds from a
foreclosure must be applied to the payment of the principal and
interest due and unpaid on all series of bonds outstanding,
regardless of lien priority.

On June 21, 2023, the borrower posted a disclosure to Electronic
Municipal Market Access outlining the balance of bond interest
accounts against the July 1 payments due, revealing a $3.37 million
shortfall across all bond series as of June 20. Accordingly, a draw
on reserves appears to be a virtual certainty on the forthcoming
interest payment date on July 1. S&P said, "While we expect this
payment to be made in full based on the balance of funds outlined
in the disclosure, we believe it is increasingly likely that,
despite management's expectation of improved performance as a
result of staffing changes and increasing census levels, a default,
distressed exchange, or redemption is increasingly likely to occur
on or before the Jan. 2, 2024, principal and interest payment date,
given our expectation that reserves will be mostly or entirely
depleted by that time."

As a result of ongoing cash-flow pressures in 2022 due to occupancy
rates being below budgeted expectations, which contributed to
revenue softness, the project entered into forbearance on March 1,
2023, with UMB Bank N.A., as successor trustee, for 11 specified
defaults and known anticipated defaults under the loan agreement.
Among the defaults identified in the agreement, posted to EMMA on
March 15, were the debt service coverage (DSC) ratio and coverage
test requirement, the liquidity requirement, the requirement to
engage a management consultant, failure to timely satisfy monthly
operating expenses, failure to satisfy the trade payables covenant,
and failure to forbear from paying management administration,
development, and other fees upon the circumstance of a revenue fund
deficiency. The forbearance period, originally set to expire March
31, was extended twice in the following months, with the agreement
currently set to expire July 31, 2023, unless again extended.

S&P said, "The negative outlook reflects our expectation that a
draw on reserves is likely to occur on the July 1, 2023, interest
payment date. Furthermore, even if the project experiences a sharp
near-term improvement in occupancy rates and net cash flow in line
with management's expectation, a payment default might yet occur on
the Jan. 2, 2024, payment date absent a distressed exchange. In
addition, while the borrower has obtained forbearance for a variety
of covenants over the past two years, uncertainty remains as to
whether forbearance will continue to be extended in the months
ahead. In accordance with the negative outlook, we assess at least
a one-in-three likelihood of an additional downgrade during the
one-year outlook period."



ARMATA PHARMACEUTICALS: Annual Meeting Scheduled for Aug. 29
------------------------------------------------------------
Armata Pharmaceuticals, Inc. has set Aug. 29, 2023 as the date for
its 2023 annual meeting of stockholders.  The Annual Meeting will
be held at its principal executive offices at 4503 Glencoe Avenue,
Marina del Ray, California 90292 at 8:30 a.m. local time.  Armata's
stockholders of record at the close of business on July 10, 2023,
will be entitled to notice of the Annual Meeting and to vote upon
matters considered at the Annual Meeting.

Because the date of the Annual Meeting represents a change of more
than 30 days from the anniversary of Armata's 2022 annual meeting
of stockholders, Armata has set new deadlines for (i) the receipt
of stockholder proposals submitted pursuant to Rule 14a-8 of the
Securities Exchange Act of 1934, as amended, for inclusion in
Armata's proxy materials for the Annual Meeting and (ii) receipt of
stockholder proposals and director nominations submitted pursuant
to Article II, Section 2.6 of Armata's Amended and Restated Bylaws
for consideration at the Annual Meeting.  The Rule 14a-8 Deadline
is 5:00 p.m. (Eastern Time) on Friday, July 7, 2023, which Armata
has determined to be a reasonable period of time before it expects
to begin to print and send its proxy materials.  The Advance Notice
Bylaws Provision Deadline is 5:00 p.m. (Eastern Time) on Friday,
July 7, 2023.  Stockholder proposals and director nominations
should be submitted in writing and must be received by the
Corporate Secretary at Armata's principal executive offices at
Armata Pharmaceuticals, Inc., 4503 Glencoe Avenue, Marina del Ray,
California 90292, by the Rule 14a-8 Deadline or the Advance Notice
Bylaws Provision Deadline, as applicable, in order to be considered
timely.

Stockholder proposals submitted in accordance with Rule 14a-8 of
the Exchange Act must also comply with the remaining requirements
of Rule 14a-8 of the Exchange Act in order to be considered for
inclusion in the proxy materials for the Annual Meeting.

Stockholder proposals and nominations submitted pursuant to
Armata's advance notice bylaw provisions must also comply with the
advance notice provisions contained in Armata's Amended and
Restated Bylaws and may be omitted if not in compliance with
applicable requirements.  Stockholders are urged to read the
complete text of such advance notice provisions.

                   About Armata Pharmaceuticals

Marina del Rey, CA-based Armata is a clinical-stage biotechnology
company focused on the development of pathogen-specific
bacteriophage therapeutics for the treatment of
antibiotic-resistant and difficult-to-treat bacterial infections
using its proprietary bacteriophage-based technology.  Armata is
developing and advancing a broad pipeline of natural and synthetic
phage candidates, including clinical candidates for Pseudomonas
aeruginosa, Staphylococcus aureus, and other pathogens.  Armata is
committed to advancing phage with drug development expertise that
spans bench to clinic including in-house phage specific GMP
manufacturing.

Armata reported a net loss of $36.92 million in 2022, compared to a
net loss of $23.16 million in 2021.  As of Dec. 31, 2022, the
Company had $95.83 million in total assets, $59.75 million in total
liabilities, and $36.08 million in total stockholders' equity.

San Diego, California-based Ernst & Young LLP, the Company's
auditor since 2019, issued a "going concern" qualification in its
report dated March 16, 2023, citing that the Company has suffered
recurring losses and negative cash flows from operations and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.


ARTERA SERVICES: $135M Bank Debt Trades at 32% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Artera Services LLC
is a borrower were trading in the secondary market around 68.3
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $135 million facility is a Term loan that is scheduled to
mature on March 6, 2026.  The amount is fully drawn and
outstanding.

Artera Services, LLC provides utility line construction services.
The Company offers installation, repair, and maintenance of gas and
electric distribution lines, as well as civil excavation,
feasibility studies, horizontal directional drilling, and pollution
prevention planning services.



ASSOCIATED ASPHALT: S&P Lowers ICR to 'CCC' on Looming Maturity
---------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Associated
Asphalt Partners LLC (AA) to 'CCC' from 'CCC+'. The ratings remain
on CreditWatch with developing implications.

At the same time, S&P lowered its issue-level rating on the
company's senior secured term loan to 'CCC' from 'CCC+'. The '3'
(rounded estimate: 65%) recovery rating is unchanged.

The CreditWatch placement reflects the uncertainty around the
timing of AA refinancing its term loan B.

S&P said, "The downgrade reflects our expectation that AA may face
difficulty refinancing the upcoming maturity of its term loan B,
which is due within 12 months. In our view, the company will not
have sufficient liquidity to repay the loan in 2024. As of March
31, 2023, AA had approximately $400,000 cash on hand. Additionally,
if the term loan B is not refinanced at least six months before its
maturity date, the asset-based lending (ABL) facility maturity will
accelerate to Dec. 5, 2023. As of March 31, AA had about $189
million in outstanding borrowings on the $250 million ABL. The
company typically borrows from its ABL during the winter and repays
outstanding borrowings throughout the year. We expect AA will
pursue refinancing before the maturity date, though the timing is
uncertain and subject to market conditions. We continue to expect
AA to continue to generate strong margins due to strong demand and
a supportive commodity price environment.

"That said, we believe AA depends on favorable market conditions to
refinance the upcoming maturity at satisfactory terms.

"The CreditWatch developing reflects the uncertainty around the
timing of AA refinancing its $350 million term loan B due April 5,
2024. If the company does not refinance or extend the maturity--and
cannot avoid triggering the springing ABL maturity --we could lower
our rating within 90 days. Alternatively, if AA improves liquidity
by completing a refinancing in the next few months, we could raise
our rating to 'B-'."

ESG credit indicators: E-3, S-2, G-3



ASURION LLC: $1.64B Bank Debt Trades at 15% Discount
----------------------------------------------------
Participations in a syndicated loan under which Asurion LLC is a
borrower were trading in the secondary market around 85.4
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $1.64 billion facility is a Term loan that is scheduled to
mature on February 3, 2028.  The amount is fully drawn and
outstanding.

Asurion, LLC is a privately held company based in Nashville,
Tennessee, that provides insurance for smartphones, tablets,
consumer electronics, appliances, satellite receivers and jewelry.



ATHENEX INC: July 21 Claims Filing Deadline Set
-----------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas set
July 21, 2023, at 5:00 p.m. (Prevailing Central Time), as the last
date and time for all entities to file their proofs of claim
against Athenex Inc. and its debtor-affiliates.

The Court also set Nov. 10, 2023, at 5:00 p.m. (Prevailing Central
Time) as the deadline for governmental units to file their claims
against the Debtors.

Each proof of claim must be filed by either (1) electronic
submission through PACE% (Public Access to Court Electronic Records
at https://ecf.txsb.uscourts.gov) (2) electronic submission using
the interface available on the claims and noticing agent's Web site
at https://dm.epiq11.com/athenex, or (3) if submitted through
non-electronic means, by U.S. mail or other hand delivery system,
so as to be actually received by the claims and noticing agent on
or before the claims bar date or the governmental bar date, or any
other applicable bar date, at:

a) if by first-class mail:

   Athenex Inc. Claims Processing Center
   c/o Epiq Corporate Restructuring LLC
   PO Box 4421
   Beaverton, OR 977076

b) if by hand delivery or overnight mail:

   Athenex Inc. Claims Processing Center
   c/o Epiq Corporate Restructuring LLC
   10300 SW Allen Blvd.
   Beaverton, OR 97005

                         About Athenex Inc.

Founded in 2003, Athenex, Inc. (NASDAQ: ATNX) --
http://www.athenex.com/-- is a clinical-stage biopharmaceutical  
company dedicated to becoming a leader in the discovery,
development, and commercialization of next-generation cell therapy
products for the treatment of cancer.  The Company's mission is to
become a leader in bringing innovative cancer treatments to the
market and to improve patient health outcomes.  In pursuit of the
mission, Athenex leverages years of experience in research and
development, clinical trials, regulatory standards, and
manufacturing.  The Company is focused on its innovative Cell
Therapy platform, based on natural killer T ("NKT") cells.

On May 14, 2023, Athenex, Inc., and five affiliated companies
initiated voluntary Chapter 11 proceedings (Bankr. S.D. Texas Lead
Case No. 23-90295).  The Debtors' cases have been assigned to the
Honorable David R. Jones.

Athenex commenced these proceedings after conducting a strategic
review and reaching an agreement with its lenders to conduct an
expedited, orderly sales process of the Company's assets across its
primary businesses: Athenex Pharmaceutical Division, Orascovery,
and Cell Therapy.

In the petition filed by Nicholas K. Campbell, as chief
restructuring officer, Athenex reported assets and liabilities
between $100 million and $500 million.

The Debtors tapped Pachulski Stang Ziehl & Jones, LLP as legal
counsel;  MERU as financial advisor; and Cassel Salpeter & Co.,
LLC, as investment banker.  Epiq is the claims agent.


ATLAS LITHIUM: Granted Priority Review for Neves Project Permitting
-------------------------------------------------------------------
Atlas Lithium Corporation announced that on June 21, 2023, the
State of Minas Gerais in Brazil provided the Company with written
notice granting its Neves lithium project priority status for
review of its environmental permitting and licensing.  Atlas
Lithium believes that this development could meaningfully expedite
the permitting and licensing of its Project by potentially
shortening the timeline of such a process by up to several months.

Marc Fogassa, Chairman and CEO of the Company, commented, "This is
an important development as permitting and licensing are critical
for any mineral exploration company that intends to become a
producer such as in our case.  Our petition for priority review was
granted because our lithium project had a technically robust
application that scored high marks in multiple important criteria
for the State of Minas Gerais."

                        About Atlas Lithium

Atlas Lithium Corporations formerly Brazil Minerals, Inc. is
focused on advancing and developing its 100%-owned hard-rock
lithium project in Brazil's Lithium Valley, a well-known lithium
district in the state of Minas Gerais.  The Company's exploration
mineral rights for lithium cover approximately 308 km2 and are
located primarily in Brazil's Lithium Valley.  In addition, Atlas
Lithium has 100% ownership of mineral rights for other battery and
critical metals including nickel (222 km2), rare earths (122 km2),
titanium (89 km2), and graphite (56 km2).  The Company also owns
approximately 45% of Apollo Resources Corp. (private company; iron)
and approximately 28% of Jupiter Gold Corp. (OTCQB: JUPGF) (gold
and quartzite).

Atlas Lithium reported a net loss of $5.66 million in 2022, a net
loss of $4.03 million in 2021, a net loss of $1.55 million in 2020,
a net loss of $2.08 million in 2019, and a net loss of $1.85
million in 2018.

Atlas Lithium stated in its Annual Report on Form 10-K for the year
ended Dec. 31, 2022, "Our future short- and long-term capital
requirements will depend on several factors, including but not
limited to, the rate of our growth, our ability to identify areas
for mineral exploration and the economic potential of such areas,
the exploration and other drilling campaigns needed to verify and
expand our mineral resources, the types of processing facilities we
would need to install to obtain commercial-ready products, and the
ability to attract talent to manage our different business
activities.  To the extent that our current resources are
insufficient to satisfy our cash requirements, we may need to seek
additional equity or debt financing.  If the needed financing is
not available, or if the terms of financing are less desirable than
we expect, we may be forced to scale back our existing operations
and growth plans, which could have an adverse impact on our
business and financial prospects and could raise substantial doubt
about our ability to continue as a going concern."


AUDACY CAPITAL: $770M Bank Debt Trades at 44% Discount
------------------------------------------------------
Participations in a syndicated loan under which Audacy Capital Corp
is a borrower were trading in the secondary market around 55.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $770 million facility is a Term loan that is scheduled to
mature on November 17, 2024.  About $630.5 million of the loan is
withdrawn and outstanding.

Audacy Capital Corp. owns and operates radio stations. The Company
focuses on sports, news, and music and entertainment. Audacy
Capital produces, co-produces, and co-promotes events across
markets, including concerts, multi-day musical festivals, speaker
series, trade shows, and sports-related events.



AVEANNA HEALTHCARE: $415M Bank Debt Trades at 36% Discount
----------------------------------------------------------
Participations in a syndicated loan under which Aveanna Healthcare
LLC is a borrower were trading in the secondary market around 63.6
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $415 million facility is a Term loan that is scheduled to
mature on December 10, 2029.  The amount is fully drawn and
outstanding.

Aveanna Healthcare LLC provides health care services. The Company
offers pediatric skilled nursing, therapy, autism, enteral
nutrition, and adult services.



AVISON YOUNG: $375M Bank Debt Trades at 38% Discount
----------------------------------------------------
Participations in a syndicated loan under which Avison Young Canada
Inc is a borrower were trading in the secondary market around 61.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $375 million facility is a Term loan that is scheduled to
mature on January 31, 2026.  About $360.1 million of the loan is
withdrawn and outstanding.

Avison Young (Canada) Inc. provides real estate services. The
Company offers consulting, advisory, lease administration,
investment and asset management, and mortgage services. Avison
Young (Canada) serves  customers worldwide.



BADGER FINANCE: $268M Bank Debt Trades at 23% Discount
------------------------------------------------------
Participations in a syndicated loan under which Badger Finance LLC
is a borrower were trading in the secondary market around 77.3
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $268.7 million facility is a Term loan that is scheduled to
mature on September 28, 2024.  About $255.2 million of the loan is
withdrawn and outstanding.

Based in Little Chute, Wisconsin, Badger Finance, LLC is an
intermediate holding company of Trilliant Food and Nutrition, LLC,
Horseshoe Beverage Company, LLC, and affiliated companies. The
company is a U.S. manufacturer of private label and value branded
beverage products, mainly single serve coffee pods. The company's
branded coffee products are primarily sold under its Victor Allen
brand.



BAUSCH + LOMB: S&P Affirms 'B-' Issuer Credit Rating, Outlook Pos.
------------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' issuer and issue-level ratings
on eyecare company Bausch + Lomb Corp. (B+L).

S&P expects the company will replace its bridge financing with
senior secured debt pari passu with the existing debt, over the
coming months. S&P does not expect recovery prospects to materially
change from current levels but could reevaluate that if the capital
structure changes.

The outlook remains positive, reflecting the heightened possibility
that Bausch Health Cos. Inc. (BHC; CCC/Negative/--) will
meaningfully reduce its 89% ownership interest in B+L over the next
12 months, which could lead S&P to raise the rating by multiple
notches.

B+L is acquiring Xiidra and other ophthalmic assets from Novartis
AG for about $1.75 billion, plus potential milestone payments.

S&P said, "We expect leverage to remain above 3x for more than a
year, and are revising our stand-alone credit profile (SACP) on B+L
to 'bb' from 'bb+'.

"We expect the acquisition will result in leverage above 3x for at
least the next two years. This is B+L's first major acquisition
since its IPO and after becoming unrestricted from BHC's debt
covenants. The acquisition materially increases our expectations
for leverage over the next two years compared to our prior
expectations for leverage of between 2x-3x. As a result, we have
revised our financial risk score to significant from intermediate
and revised B+L's stand-alone credit profile downward by one notch
to 'bb' from 'bb+'.

"The 'bb' SACP reflects B+L's leading position in the eyecare
market, healthy scale (exceeding $4 billion in annual revenues, pro
forma for this acquisition), good product diversity, robust EBITDA
margins, and our expectation that leverage will generally remain in
the 3x-4x range as an independent company. Our assessment of the
company's long-term financial policy is constrained by a limited
track record operating as an independent entity.

"While Xiidra is immediately accretive to revenues, earnings, and
profitability, we see meaningful risks to it over the next few
years. We view B+L as particularly well-positioned to develop and
commercialize the acquired ophthalmic assets given its strong
position in the ophthalmic space, including its salesforce and its
upcoming launch of Miebo to address a different cause of dry eye
disease (DED) through a distinct mechanism of action. Although we
see potential for B+L to accelerate Xiidra's growth and expand its
peak sales potential through its engaged salesforce, we view the
DED market as crowded, with AbbVie's Restasis (including generics),
Viatris Inc.'s nasal spray Tryvaya, and Alcon Inc.'s steroidal
Eysuvis as key competitors, albeit for a growing patient
population. We also note the challenges B+L faces given Xiidra's
slowing sales growth and limited geographic footprint without
approval in Europe. We did not assign much weight in our analysis
to the acquired pipeline product for chronic ocular surface pain or
the acquired AcuStream technology, notwithstanding the significant
upside potential.

"Our ratings on B+L continue to be limited by our ratings on parent
BHC. This acquisition demonstrates B+L's operating and financial
independence from BHC. We do not expect that a hypothetical default
at BHC would lead to a default at B+L. That said, given BHC's 89%
ownership of B+L and limited outside shareholder influence, we
believe that B+L's credit quality is not fully insulated from its
parent BHC, thus B+L's stand-alone credit profile is stronger than
that of BHC, but our ratings on B+L are capped at the higher of
'B-' and one notch above the parent.

"Our outlook on B+L is positive. The rating is currently capped at
the higher of 'B-' and one notch above parent company BHC, given
our belief that B+L's stand-alone credit profile is stronger than
that of its parent.

"We could raise the rating over the next 12 months if we come to
believe that weaker credit quality at BHC no longer poses a risk to
B+L. This could happen if BHC transfers its ownership stake in B+L
to its shareholders. At that point, it's likely we would no longer
tie the rating to that of BHC and we would raise it multiple
notches, potentially as high as B+L's stand-alone credit profile.
We could also raise the rating if we raise the rating on parent
BHC.

"We could revise the outlook to stable if we believed that BHC was
unlikely to further divest from B+L over the near term, which would
leave the rating on the company capped at the higher of 'B-' or one
notch above the parent."

ESG credit indicators: E-2, S-3, G-2



BERWICK HOSPITAL: Unsecured Creditors to Get 10% in Plan
--------------------------------------------------------
Berwick Hospital Company, LLC, submitted a First Amended Small
Business Debtor's Subchapter V Plan of Reorganization.

Debtor is a Delaware limited liability company that owns and
operates a psychiatric hospital.

Under the Plan, the Debtor has projected that the allowed amount of
Priority Unsecured Claims will be approximately $233,689.  These
claims will be paid in full on the Effective Date, unless the
holder of a particular priority claim agrees to different
treatment.  For example, any priority claims based on unused
vacation time held by current employees may be satisfied by the
employee electing to retain and use their prepetition unused
vacation benefits in the ordinary course subject to scheduling
constraints. In order for a priority claimant to agree to this
treatment of their claim, they will be required to mark their
ballot accordingly.  This is an unimpaired class. The funds to pay
these claims shall come from Debtor's funds, which may be
supplemented by the shareholder's contribution to capital if
needed.

Class of General Unsecured Non-Priority Claims are impaired. The
Class General Unsecured Non-Priority Claims ("Class GUC") will be
paid pursuant to the Plan in full satisfaction of their claims. The
funds to pay these claims shall come from the Debtor's cash balance
as of the Effective Date and subsequent payments shall come from
post-petition revenues.

The Debtor believes that the distribution to Class GUC will be 10%.
In any event, Class GUC will receive a greater distribution than
they would in a chapter 7 liquidation. Debtor will pay into the
plan no less than $310,000 which is comprised of $110,000 on the
Effective Date for the General Unsecured Class, and 2 more payments
in the amount of $100,000 over the life of the four-year plan in
July 2024 and July 2025.

Plan payments will be made by the Debtor directly.  The Debtor
anticipates that the allowed amount of general nonpriority
unsecured claims will be approximately $3,099,099.52 after the PPP
loans are forgiven and the insider claims are deferred for purposes
of payment.

The Debtor must submit quarterly income statement reports to the
Subchapter V Trustee/Plan Administrator and the Office of the
United States Trustee and any other appointed professionals in
addition to the reports required by the Office of the United States
Trustee's guidelines.  Additionally, the Debtor will provide the
Office of the United States Trustee and the Subchapter V
Trustee/Plan Administrator with any requested financial
information, including a yearly reconciliation as to actual
performance of the Debtor compared with the filed projections.  The
Debtor, the Office of the United States Trustee and the Subchapter
V Trustee/Plan Administrator will confer and if there is a material
change of more than 10% in actual performance as compared to the
projections, the parties will negotiate whether an increased
dividend to Class GUC is warranted and if so, the amount of an
increased dividend, however, the total cumulative dividend to the
class of General Unsecured Creditors shall be no more than $400,000
to be distributed pro rata.  In the event of an impasse, one of the
parties in interest shall file a motion before the Court to
determine if an increased dividend is warranted and the amount of
such increase. The term of the Plan shall be no more than four
years after the Effective Date. The financial projections which are
attached as Exhibit B project out income and expenses during the
plan term.

The Debtor must file a Notice of Substantial Consummation after the
initial payment under the plan is made.  The Debtor and the
Subchapter V Trustee will file a stipulation in support of entry of
an order discharging the Subchapter V Trustee after the Notice of
Substantial Consummation is filed.

Any post-confirmation fees incurred by the Subchapter V
Trustee/Plan Administrator will be paid by the Debtor without the
necessity for the Subchapter V Trustee/Plan Administrator to file a
fee application.

The Debtor will fund its chapter 11 plan from funds on hand and
post-confirmation revenues.  Though not necessary for confirmation
of the Debtor's plan or its consummation, post-confirmation Debtor
will seek to procure all licensing and approvals from the State of
Pennsylvania for an additional 39 patients [from 14 to 53
patients].  If the Debtor is able to increase the patient census
from 14 patients, Debtor contemplates that there may be an
additional distribution paid to Class GUC which will become known
during the "true-up" process referenced above.  If the Debtor is
not able to increase the patient census during the plan term, the
Debtor will still be able to make the required payments under the
Plan.  The intent is to increase the patient census but only if it
can be done prudently and safely, and only if Debtor is able to
fund the necessary capital improvements.  The Debtor contemplates
seeking institutional financing to fund the necessary capital
improvements. If it cannot secure such institutional financing, it
will seek financing from related entities on commercially
reasonable terms.

A hearing on the confirmation of the plan will be held on Aug. 18,
2023 at 1:00 p.m. before the Honorable Lisa S. Gretchko, in
Courtroom 1975, 211 West fort Street, Detroit, Michigan 48226.
Objection to confirmation of the Plan must be filed by Aug. 7,
2023.  Voting on the plan thru ballot must be returned by Aug. 7,
2023.

Attorneys for the Debtor:

     Robert N. Bassel, Esq.
     P.O. Box T
     Clinton, MI 49236
     Tel: (248) 677-1234
     E-mail: bbassel@gmail.com

A copy of the Plan dated June 23, 2023, is available at
https://tinyurl.ph/avDsZ from PacerMonitor.com.

                    About Berwick Hospital

Berwick Hospital Company, LLC, is a Bloomfield Hills, Mich.-based
company, which operates in the healthcare industry.

Berwick filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 22-47699) on Sept. 30,
2022, with $100,000 to $500,000 in assets and $1 million to $10
million in liabilities. Richardo I. Kilpatrick has been appointed
as Subchapter V trustee.

Judge Lisa S. Gretchko oversees the case.

Robert Bassel, Esq., serves as the Debtor's legal counsel.

Deborah Fish, Esq., at Allard & Fish, P.C., is the patient care
ombudsman appointed in the Debtor's Chapter 11 case.


BIGHORN RESTAURANTS: Kevin Neiman Advises 3 Lessors
---------------------------------------------------
In the Chapter 11 cases of Bighorn Restaurants, LLC, et al., the
Law Offices of Kevin S. Neiman, PC, filed a verified statement
pursuant to Federal Rule of Bankruptcy Procedure 2019, in
connection with the firm's representation of these creditors:

    1. Montgomery & Sons, LLC
       Jolyn Montgomery
       P.O. Box 186
       Cornville, AZ 86325
       * Non-residential lease; at least $12,500; see proof of
claim no. 42 filed in Case No. 23-11919

    2. DARCO Properties - GEORGIA, LLC
       Kimberly Hughes
       3871 Crest Drive
       Yorba Linda, CA 92886
       * Non-residential lease and guaranty; at least $8,851; see
proof of claim no. 7-1 filed in Case No. 23-11921 and proof of
claim no. 4-1 filed in Case No. 23-11926

    3. Wachs Capital Limited Partnership
       Diane K. Wachs
       190 Bozarth Ave #704
       Woodland, WA 98674
       * Non-residential lease and guaranty; at least $32,138; see
proof of claim no. 53 filed in Case No. 23-11919 and proof of claim
no. 9-1 filed in Case No. 23-11921

The Creditors are each a lessor pursuant to a non-residential lease
in relation to one of the Debtors.  In addition, one Debtor is a
guarantor in relation to two leases.

The firm can be reached at:

        Kevin S. Neiman, Esq.
        LAW OFFICES OF KEVIN S. NEIMAN, PC
        999 18th Street, Suite 1230 S
        Denver, CO 80202
        Tel: (303) 996-8637
        Fax: (877) 611-6839
        E-mail: kevin@ksnpc.com

                     About Bighorn Restaurants

Bighorn Restaurants, LLC, and its affiliates, including Summit
Restaurant Holdings, LLC, constitute one of the largest current
franchisees of Hardee's restaurants. They currently operate 108
restaurants, which span the states of Alabama, Florida, Georgia,
South Carolina, Kansas, Missouri, Wyoming and Montana.  The
restaurants are operated by Empire, Heartland, Bighorn, and
Atlantic Star.

Bighorn Restaurants and its affiliates sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Colo. Lead Case
No. 23-11919) on May 4, 2023. In the petition signed by its chief
executive officer, Dewey R. Brown, Bighorn Restaurants disclosed $1
million to $10 million in assets and $10 million to $50 million in
liabilities.

Judge Michael E. Romero oversees the cases.

The Debtors tapped Markus Williams Young & Hunsicker, LLC as
bankruptcy counsel; Hutchinson Black and Cook, LLC as their special
counsel; MorrisAnderson & Associates, Ltd. as financial advisor;
Brookwood Associates, LLC as investment banker; and A&G Realty
Partners as real estate advisor. BMC Group, Inc. is the Debtors'
noticing agent.

Cadence Bank, as lender, is represented by Frank W. DeBorde, Esq.,
and Lisa Wolgast, Esq., at Morris, Manning & Martin, LLP.


BIONIK LABORATORIES: Four Directors Tender Resignations
-------------------------------------------------------
As previously announced by Bionik Laboratories Corp., and in
relation to its commencement of certain cost-cutting measures to
maximize available resources, the Company considered decreasing the
size of its Board of Directors, with voluntary resignations of one
or more directors.  As a result, four of the Company's seven
directors voluntarily resigned from the Board, as follows:

Charles Matine, an independent director of the Company, as well as
a member of its Audit Committee, resigned from all such positions
with the Company on June 22, 2023.

Andre-Jacques Auberton Herve, the Company's Chairman of the Board,
resigned as Chairman and as a member of the Board on June 22, 2023.


Joseph Martin, an independent director of the Company, the Chairman
of the Audit Committee of the Company as well as a member of its
Compensation Committee, resigned from all such positions with the
Company on June 22, 2023.

Audrey Thevenon, an independent director of the Company, as well as
a member of its Compensation Committee, resigned from all such
positions with the Company on June 22, 2023.

According to the Company, the resignations were not due to a
disagreement with the Company on any matter relating to the
Company's operations, policies or practices.

The remaining Board members of the Company are Rich Russo Jr., its
CEO, Remi Gaston-Dreyfus and Michal Prywata.

                     About BIONIK Laboratories

Bionik Laboratories Corp. -- http://www.BIONIKlabs.com-- is a
robotics company focused on providing rehabilitation and mobility
solutions to individuals with neurological and mobility challenges
from hospital to home.  The Company has a portfolio of products
focused on upper and lower extremity rehabilitation for stroke and
other mobility-impaired patients, including three products on the
market and three products in varying stages of development.

Bionik reported a net loss of $4.95 million for the year ended
March 31, 2023, a net loss and comprehensive loss of $10.41 million
for the year ended March 31, 2022, and a net loss and comprehensive
loss of $13.62 million for the year ended March 31, 2021. As of
Dec. 31, 2022, the Company had $3.68 million in total assets, $4.21
million in total liabilities, and a total stockholders' deficit of
$521,906.

Toronto, Canada-based MNP, LLP, the Company's auditor since 2015,
issued a "going concern" qualification in its report dated June 20,
2023, citing that the Company has experienced losses from
operations and has an accumulated deficit that raise substantial
doubt about its ability to continue as a going concern.


BIRCHINGTON LLC: Lender's Bid to Prohibit Cash Use Denied as Moot
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Columbia denied as
moot the motion to prohibit use of cash collateral filed by SSHCOF
II Washington DC, LLC as the Lender.

Birchington, LLC has stipulated to the dismissal of the Chapter 11
case, which renders the Motion to Prohibit moot, the Court said.

The Court previously entered three interim cash collateral orders.
As previously reported by the Troubled Company Reporter, on May 2,
2019, the Debtor, by and through Bembridge and Sequar as manager,
entered into a $55 million Real Estate Note with SSHCOF II
Washington DC, LLC, a Georgia limited liability company. The
amortization commencement date is May 3, 2022, on a 25-year
amortization schedule, using LIBOR plus 875 basis points and at
11.00% per annum as the contract rate. The default rate is 5% above
the Contract rate, absent a violation of law. The maturity date is
May 3, 2022, subject to extension by Note provisions through May 3,
2023 or May 3, 2024. Payments are due on the first day of the
month. Any unpaid interest under the Note may be recapitalized as
principal at the discretion of the Lender. Late payments after 5
days accrue a 5% late fee on the unpaid amount, but in no event
under applicable law will be less than $25 per event. Prepayment
penalties exist and are explained in the Note.

On May 2, 2019, the Debtor, by and through Bembridge and Sequar as
manager, entered into a Construction Loan Agreement. Therein, the
Lender agreed to provide $55 million principal amount for
construction of a 247-room hotel, with an initial advance of
$20.032 million. Completion was to occur in two years from the
ratification date; namely, May 2, 2021; however, the Debtor could
timely request a further two additional 12 months for an extension
fee of $525,000. A private equity broker to be paid 1.5% initial
fee at closing and 1% exist fee on the principal amount of the
loan.

A copy of the Court's order is available at
https://urlcurt.com/u?l=hK8m9Z from PacerMonitor.com.

                      About Birchington, LLC

Birchington, LLC operates a hotel in Washington, D.C. The Debtor
sought protection under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. D.D.C. Case No. 23-00057) on February 20, 2023. In the
petition signed by Habte Sequar, manager, the Debtor disclosed
$500,000 in assets and up to $100 million in liabilities.

Judge Elizabeth L. Gunn oversees the case.

John D. Burns, Esq., at the Burns Law Firm, Inc., represents the
Debtor as legal counsel.

SSCHOF II Washington DC, LLC, as lender, is represented by Lisa
Wolgast, Esq., at Morris Manning & Martin LLP.


BITNILE METAVERSE: Receives Voting Rights Rule Violation Notice
---------------------------------------------------------------
BitNile Metaverse, Inc. received a letter from the Listing
Qualifications staff of the Nasdaq Stock Market LLC, notifying the
Company that the Staff has determined that the Company has violated
Nasdaq's voting rights rule set forth in Listing Rule 5640.  The
alleged violation of the Voting Rights Rule relates to the issuance
of (i) 8,637.5 shares of newly designated Series B Convertible
Preferred Stock of the Company, and (ii) 1,362.5 shares of newly
designated Series C Convertible Preferred Stock of the Company in
connection with the acquisition of BitNile.com, Inc. as well as the
securities of Earnity, Inc. beneficially owned by BitNile pursuant
to the Share Exchange Agreement by and among the Company, Ault
Alliance, Inc. ("AAI") and the minority stockholders of BitNile,
which was previously disclosed on Current Reports on Form 8-K filed
by the Company on Feb. 14, 2023 and March 10, 2023.  The Preferred
Stock has a collective stated value of $100,000,000, and votes on
an as-converted basis, representing approximately 92.4% of the
Company's outstanding voting power on a fully diluted basis at the
time of issuance.

According to the Letter, because the Preferred Stock was not issued
for cash, the Staff compared the value of the Assets to the Stated
Value, and determined that the value of the Assets was less than
the Stated Value and that the voting rights attributable to the
Preferred Stock has the effect of disparately reducing the voting
rights of the Company's existing shareholders.  The Staff looked at
the total assets and stockholders' equity of BitNile as of March 5,
2023, as well as the market capitalization of AAI prior to entering
into the Agreement and immediately after closing of the transaction
in determining, in Staff's opinion, the value of the Assets.  The
Letter did not make any reference to the projections prepared by
AAI as to the future potential of the business of BitNile nor to
the independent valuation obtained by the Company prior to closing
of the transaction, which supported the Stated Value of the
Preferred Stock for the total value of the Assets, both of which
the Company provided to the Staff prior to receipt of the Letter.

According to the Letter, Nasdaq determined that the voting rights
of the Preferred Stock, voting on an as-converted basis, are below
the minimum price per share of the Company's common stock at the
time of the issuance of the Preferred Stock.  Additionally, Nasdaq
determined that the Series B provides the holder the right to
appoint a majority of the Company's board of directors when such
representation is not justified by the relative contribution of the
Series B pursuant to the Agreement.

Under the Voting Rights Rule, a company cannot create a new class
of security that votes at a higher rate than an existing class of
securities or take any other action that has the effect of
restricting or reducing the voting rights of an existing class of
securities.  As such, according to the Letter, the issuance of the
Preferred Stock violated the Voting Rights Rule because the holders
of the Preferred Stock are entitled to vote on an as-converted
basis, thus having greater voting rights than holders of common
stock, and the Series B is entitled to a disproportionate
representation on the Company's board of directors.

According to the Letter, the Company has 45 calendar days from the
date of the Letter, or until Aug. 7, 2023, to submit a plan to
regain compliance with the Voting Rights Rule, and if such plan is
accepted by Nasdaq, the Company can receive an extension of up to
180 calendar days from the date of the Letter to evidence
compliance.  However, if the Company's plan is not accepted by
Nasdaq, the Company's common stock will be subject to delisting.
The Company would have the right to appeal that decision to a
hearings panel.

The Letter also provides that the Company's name will be included
on a list of all non-compliant companies which Nasdaq makes
available to investors on its website at listingcenter.nasdaq.com,
beginning five business days from the date of the Letter.  As part
of this process, an indicator reflecting the Company's
non-compliance will be broadcast over Nasdaq's market data
dissemination network and will also be made available to third
party market data providers.

The Letter has no immediate impact on the listing of the Company's
common stock, which will continue to be listed and traded on The
Nasdaq Capital Market, subject to the Company's compliance with the
Letter and other continued listing requirements of The Nasdaq
Capital Market.

                     About BitNile Metaverse

Founded in 2011, BitNile Metaverse (formerly Ecoark Holdings, Inc.)
owns 100% of BitNile.com, Inc., including the BITNILE.COM metaverse
platform.  The Platform, which went live to the public on March 1,
2023, allows users to engage with a new social networking community
and purchase both digital and physical products while playing 3D
immersive games.  In addition to BitNile.com, Inc., BitNile
Metaverse also owns three non-core subsidiaries either directly or
indirectly: approximately 66% of Wolf Energy Services Inc. (OTCQB:
WOEN) indirectly; 100% of Zest Labs, Inc. directly; and
approximately 89% of Agora Digital Holdings Inc. directly. BitNile
Metaverse also owns approximately 70% of White River Energy Corp
(OTCQB: WTRV).

The Company reported a net loss of $10.55 million for the year
ended March 31, 2022, a net loss of $20.89 million for the year
ended March 31, 2021, a net loss of $12.14 million for the year
ended March 31, 2020, and a net loss of $13.65 million for the year
ended March 31, 2019. As of Dec. 31, 2022, the Company had $50.07
million in total assets, $13.18 million in total liabilities, and
$36.88 million in total stockholders' equity.


BLUE RIBBON: $368M Bank Debt Trades at 28% Discount
---------------------------------------------------
Participations in a syndicated loan under which Blue Ribbon LLC is
a borrower were trading in the secondary market around 72.1
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $368 million facility is a Term loan that is scheduled to
mature on May 7, 2028.  About $340.4 million of the loan is
withdrawn and outstanding.

Blue Ribbon, LLC, parent company of Pabst Brewing Company, is one
of the largest privately held independent brewers in the US, with a
portfolio of iconic American beer brands.



CALPLANT I: Objections to be Resolved at Confirmation Stage
-----------------------------------------------------------
CalPlant I Holdco, LLC, et al., filed a reply to the objections
filed in connection with the Debtors' motion for entry of an order
approving the Combined Disclosure Statement and Plan on an interim
basis for solicitation purposes only and granting related relief
and solicitation procedures in connection therewith and the
Combined Disclosure Statement and Joint Chapter 11 Plan Proposed by
CalPlant I Holdco, LLC and CalPlant I, LLC.

The question before the Court is a narrow one -- whether the Plan
contains, on an interim basis, "adequate information" for holders
of claims entitled to vote to make an informed decision regarding
whether to vote to accept or reject the Plan.  The Debtors submit
that the Plan meets this standard.  The issues raised in the
Objections, to the extent they have not already been addressed in
the Amended Plan, are premature, should be resolved at the
confirmation stage, and should not delay solicitation.

The Plan has two primary goals:

   * First, the Plan provides for the liquidation of the Debtors'
equipment, real estate, and other tangible assets in an orderly,
responsible, and value-maximizing manner. The Debtors expect that
the liquidation of their machinery and equipment will be conducted
by Onyx Asset Advisors and Rabin Worldwide and have submitted a
joint application to the Court seeking approval for that retention.
The Debtors' real estate, straw, and any remaining assets will be
liquidated by the Liquidating Trust following confirmation.

   * Second, the Plan provides for the pursuit of high-stakes
litigation claims against Siempelkamp, the Debtors' primary
equipment supplier, who failed to provide the Debtors with a plant
capable of performing up to contractually guaranteed standards. The
Debtors believe that their claims against Siempelkamp are
unquestionably their most valuable asset and that pursuit of those
claims will generate proceeds sufficient to repay their
post-petition financing and make meaningful distributions to their
prepetition senior secured creditors.

The Debtors do not take the decision to liquidate lightly.  Since
filing for chapter 11 in October 2021, the Debtors have engaged in
four distinct marketing processes in a herculean effort to identify
a buyer or operator of the Plant as a going concern. When those
efforts did not result in an acceptable offer, the Debtors
negotiated with the holders of the majority of their post-petition
financing regarding a potential liquidation and those negotiations
resulted in the filing of the Plan.  The Debtors are currently
negotiating with the same holders regarding exit financing.  The
Debtors believe the Plan has significant creditor support and
intend to solicit all holders of their post-petition financing
(Classes 1 and 2) and the holders of their prepetition senior bond
debt (Class 5).  The remaining classes are not entitled to vote on
the Plan.

The Debtors received both formal and informal objections to the
Solicitation Procedures.  The informal objectors include the SEC,
the U.S. Trustee, and BCM Construction Company, Inc., the alleged
holder of a prepetition mechanic's lien.  The Debtors are pleased
to report that the concerns raised by those parties have now been
resolved.  Among other things, the Debtors agreed to limit the
scope of the third-party release provision, to remove the provision
of the Plan that would have granted the Liquidating Debtors a
discharge, to provide more information regarding the feasibility of
the Plan, and to include language that the Plan does not prohibit
the SEC from enforcing its police or regulatory powers.  These
revisions are reflected in the Amended Plan, which the Debtors
intend to file in advance of the hearing on the Solicitation
Procedures Motion.

At this point, there are two remaining objectors (the
"Objectors"):

   * The first is Siempelkamp, which will soon be the target of
high-stakes litigation claims asserted by the Liquidating Trust,
the proceeds of which are expected to be the primary source of
creditor recoveries under the Plan.

   * The second is the Glenn County Tax Collector.  As the Court
may recall, Glenn County objected to the Debtors' "last in, first
out" or "LIFO" postpetition financing and was overruled on the
grounds that its prepetition tax lien was already out of the money.
Importantly, in an effort to be productive and narrow the open
issues, the Debtors have attempted to resolve many of the concerns
raised by the Objectors with revisions contained in the Amended
Plan.  With respect to issues that remain unresolved, the Debtors
believe the Objectors -- neither of which is entitled to vote on
the Plan -- are trying to hold up the solicitation process for
strategic reasons and raise issues that are properly reserved for
the Confirmation Hearing.

Siempelkamp's central remaining objection relates to Article XII.A
of the Plan, which expressly tolls the Debtors' decision to assume
or reject their "Supply Contracts" with Siempelkamp pending a
resolution of estate claims against Siempelkamp in a future
arbitration.  The Debtors included this provision in the Plan for
two reasons.

First, the Debtors believe that rejection of the Supply Contracts
prior to the conclusion of the Siempelkamp arbitration could have
unintended consequences under governing German law. By delaying the
decision to assume or reject, the Debtors seek to preserve the
"status quo" while the arbitration is pending. Siempelkamp appears
to share the Debtors' desire to keep an even playing field, see
Siempelkamp Objection ¶ 25 ("Siempelkamp objects to any Plan
provisions which could be read or interpreted to change the playing
field with regard to the Supply Contract and give the Debtors or
Liquidating Director an improved position in any future
arbitration."), but then seeks the upper hand by attempting to
force a premature decision on rejection or assumption.  The Court
should reject these tactics, the Debtors tell the Court.

Second, the Debtors believe that tolling the decision to assume or
reject the Supply Contracts will conserve this Court's limited
resources, and comports with longstanding federal policy favoring
arbitration.  If the issue is forced now, the Court will have to
rule on whether the Supply Contracts are executory and the amount
necessary to cure defaults.  The answer to those questions will
almost certainly implicate the central issue of the upcoming
arbitration—whether the Debtors are correct that Siempelkamp is
in breach of its obligations under the Supply Contracts under
German law. While Siempelkamp appears to share the Debtors'
preference for arbitration, see id. ¶ 24 ("[T]he Supply Contracts
require that all related disputes be adjudicated exclusively
through the arbitration procedures specified in the Supply
Contracts."), its desire to accelerate assumption or rejection
would bring this key issue to the surface now.  The approach
Siempelkamp advocates makes no sense as a matter of judicial
economy or policy.

Glenn County's central remaining objection relates to the Plan's
classification of its prepetition tax claim as a General Unsecured
Claim. Glenn County asserts that its prepetition claim is secured,
but ignores the fact that this Court found its liens to be
worthless because they are subordinated to the Debtors'
post-petition financing.  The Debtors believe there has been no
change to the value of Glenn County's collateral since the Court
made its determination.  The Plan provides for payment in full of
secured claims to the extent required by the Bankruptcy Code. While
Glenn County may have asserted a secured claim, the secured portion
of that claim has no value because its lien has been primed by more
than $90 million of first-priority post-petition financing
obligations.

In any case, the issues raised by the Objectors do not render the
Amended Plan patently unconfirmable as a matter of law and,
therefore, are appropriately addressed by this Court in connection
with Plan confirmation. The Debtors believe their responses
contained in this Reply and in the Summary Chart adequately respond
to the issues raised by each Objection. Accordingly, the Debtors
request approval to immediately move forward with soliciting the
Plan and bringing these Chapter 11 Cases to a conclusion.

Counsel to the Debtors:

     Eric J. Monzo, Esq.
     Brya M. Keilson, Esq.
     MORRIS JAMES LLP
     500 Delaware Avenue, Suite 1500
     Wilmington, DE 19801
     Telephone: (302) 888-6800
     Facsimile: (302) 571-1750
     E-mail: emonzo@morrisjames.com
             bkeilson@morrisjames.com

          - and -

     Jennifer L. Marines, Esq.
     Benjamin Butterfield, Esq.
     Martha E. Martir, Esq.
     Darren Smolarski, Esq.
     MORRISON & FOERSTER LLP
     250 West 55th Street
     New York, NY 10019
     Telephone: (212) 468-8000
     Facsimile: (212) 468-7900
     E-mail: jmarines@mofo.com
             bbutterfield@mofo.com
             mmartir@mofo.com
             dsmolarski@mofo.com

                         About CalPlant

CalPlant I, LLC -- http://www.eurekamdf.com/-- is a Northern
California-based company focused on manufacturing sustainably
sourced building products, including the creation of the world's
first no-added-formaldehyde, rice straw-based medium density
fiberboard, Eureka MDF. CalPlant and its predecessor company,
CalAg, LLC, have spent many years researching, developing, and
patenting a process to make high-quality MDF using annually
renewable rice straw as the feedstock, the disposal of which has
posed environmental issues in California for decades.

CalPlant I and CalPlant I Holdco, LLC, sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 21-11302) on Oct. 5, 2021. The cases
are handled by Honorable Judge John T. Dorsey.

CalPlant I Holdco listed up to $100 million in assets and up to
$50,000 in liabilities as of the bankruptcy filing while CalPlant I
listed as much as $500 million in both assets and liabilities.

The Debtors tapped Morrison & Foerster, LLP as bankruptcy counsel;
Morris James, LLP as local bankruptcy counsel; Paladin Management
Group as financial advisor; and KCoe Isom, LLP as auditor and tax
services provider. Kroll's Restructuring Administration practice,
formerly known as Prime Clerk, is the claims, noticing and
administrative agent.


CALPLANT I: To Seek Plan Confirmation on Aug. 15
------------------------------------------------
Judge John T. Dorsey has entered an order approving CalPlant I
Holdco, LLC, et al.'s Combined Disclosure Statement and Plan on an
interim basis for solicitation purposes.

The Plan confirmation hearing is scheduled for August 15, 2023, at
11:00 a.m. (prevailing Eastern Time).

Objections to approval and/or confirmation of the Plan on any
grounds, including the adequacy of the disclosures therein, if any,
must be filed and served by no later than 4:00 p.m. (prevailing
Eastern Time) on August 3, 2023.

To be counted as votes to accept or reject the Plan, a Ballot must
be properly executed, completed, and delivered, by mail, overnight
courier, email (with respect to Master Ballots and pre-validated
Beneficial Holder ballots only), personal delivery, or by
submitting a properly completed E-Ballot to the Voting Agent in
accordance with the instructions on the Ballot or E-Ballot so that
it is actually received no later than 4:00 p.m. (prevailing Eastern
Time) on August 4, 2023.

The Debtors must file with the Court a certification of votes no
more than 3 business days after the voting deadline.

The Debtors are authorized to file and serve replies or an omnibus
reply to any objections to disclosure or confirmation of the Plan,
along with their memoranda of law in support of confirmation of the
Plan, either separately or by a single, consolidated reply, and any
affidavits or declarations in support of confirmation of the Plan
by no later than 12:00 p.m. (prevailing Eastern Time) on August 10,
2023 (or 3 business days prior to the date of any adjourned.

The Rule 3018 Motion deadline will be July 14, 2023, at 4:00 p.m.
(prevailing Eastern Time); provided, however, that if an objection
to a Claim is filed on or after the date that is 7 days before the
3018 Motion Deadline, then the 3018 Motion Deadline will be
extended as to such Claim such that the holder thereof will have at
least 7 days to file a 3018 Motion.

Within 3 business days following entry of the Proposed Solicitation
Procedures, or as soon as reasonably practicable thereafter, in
accordance with the terms of this Order.

                        About CalPlant

CalPlant I, LLC -- http://www.eurekamdf.com/-- is a Northern
California-based company focused on manufacturing sustainably
sourced building products, including the creation of the world's
first no-added-formaldehyde, rice straw-based medium density
fiberboard, Eureka MDF. CalPlant and its predecessor company,
CalAg, LLC, have spent many years researching, developing, and
patenting a process to make high-quality MDF using annually
renewable rice straw as the feedstock, the disposal of which has
posed environmental issues in California for decades.

CalPlant I and CalPlant I Holdco, LLC, sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 21-11302) on Oct. 5, 2021.  The cases
are handled by Honorable Judge John T. Dorsey.

CalPlant I Holdco listed up to $100 million in assets and up to
$50,000 in liabilities as of the bankruptcy filing while CalPlant I
listed as much as $500 million in both assets and liabilities.

The Debtors tapped Morrison & Foerster, LLP as bankruptcy counsel;
Morris James, LLP as local bankruptcy counsel; Paladin Management
Group as financial advisor; and KCoe Isom, LLP as auditor and tax
services provider. Kroll's Restructuring Administration practice,
formerly known as Prime Clerk, is the claims, noticing and
administrative agent.


CALPLANT I: Unsecureds to Get Nothing in Liquidating Plan
---------------------------------------------------------
CalPlant I Holdco, LLC, et al., submitted a First Amended Combined
Disclosure Statement and Joint Chapter 11 Plan.

At the outset of the Chapter 11 cases, the Debtors' objective was
to commence a sale process once the Plant was operating as a
going-concern and able to garner the highest value.  At that time,
the Debtors, with Siempelkamp's encouragement, were optimistic that
the engineering and design challenges the Plant had faced would be
resolved by Siempelkamp, the Debtors' primary engineer and
equipment manufacturer, shortly after the Petition Date.  The
commencement of the Chapter 11 Cases was intended to provide
Siempelkamp the additional time it required to achieve Plant
operationalization, as well as to safeguard the additional
financing from the Legacy DIP Majority Bondholders who were willing
to fund the Debtors to bridge them through a sale process. The
initial approved budget for the Legacy DIP Facility contemplated
$37.4 million in new financing and anticipated a sale or emergence
from the Chapter 11 cases by March 2022.

While Siempelkamp and the Debtors continued to work towards Plant
completion, and with the expectation that the Plant would reach
stable operations within a month following the Petition Date, the
Debtors commenced an initial sale process to secure a stalking
horse bidder immediately upon the filing of these Chapter 11 Cases
(the "First Marketing Process"). Paladin and the Debtors focused on
a shortlist of strategic acquirers and financial acquirers that
they believed would be appropriate for a transaction of this
nature. These efforts continued until around February 2022. This
process yielded a single stalking horse bid that ultimately was not
accepted by the Legacy DIP Majority Bondholders.

Feedback from the First Marketing Process confirmed that the
Debtors would enjoy strong interest from potential acquirers or
investors if the Plant's primary operational challenges were
solved. The Debtors therefore redoubled their efforts to
collaborate with Siempelkamp in order to continue troubleshooting
operational issues. The holders of Legacy DIP Claims were
supportive of these efforts, agreeing to increase the Legacy DIP
Facility in order to provide time to complete successive
engineering ideas and thereafter commence a broader sale marketing
process. The holders of Legacy DIP Claims therefore agreed to
increase the amount of funding available under the Legacy DIP
Facility from $37.4 million to $52.4 million (which amount was
increased again in September 2022 to $53.7 million), with the
anticipation (informed by discussions with Siempelkamp) that Plant
operations would stabilize by June 2022, and a broad sale marketing
process could commence shortly thereafter. The revised budget
therefore anticipated funding through December 2022.

By July 2022, the Debtors and Siempelkamp were cautiously
optimistic that recent engineering improvements would be
successful.  On the heels of that optimism, Paladin commenced a
fresh campaign to identify a buyer for the Plant (the "Second
Marketing Process").  This marketing process was more expansive
than the First Marketing Process, involving contacts with over 210
new potential buyers, comprising more than 30 strategic buyers and
over 180 financial buyers.  Out of the contacted parties, a total
of 39 expressed interest by signing nondisclosure agreements and
reviewing the Debtors' confidential information memorandum.  These
parties including prominent players in the MDF industry, both
domestically and internationally, as well as reputable
middle-market U.S.-based investment firms.  Of the 39 parties that
expressed interest, 10 actively engaged with the Debtors' virtual
data room and four conducted on-site visits.  Ultimately, the
Second Marketing Process did not result in any bids.

When marketing efforts did not result in an acceptable offer, the
Debtors negotiated with the holders of the majority of their
post-petition financing regarding a potential liquidation and those
negotiations resulted in the filing of the Plan.

Under the Plan, Class 7 General Unsecured Claims total $21,838,000.
On the Effective Date, all General Unsecured Claims will be
eliminated and extinguished, and no payment on account of General
Unsecured Claims will be made.  Creditors will recover 0% of their
claims.  Class 7 is impaired.

The Debtors will fund distributions under the Plan with (a) the
proceeds of the Exit Facility Bonds; (b) Net Proceeds; and (c) Cash
on hand.

Counsel to the Debtors:

     Jennifer L. Marines, Esq.
     Benjamin Butterfield, Esq.
     Martha E. Martir, Esq.
     Miranda Russell, Esq.
     MORRISON & FOERSTER LLP
     250 West 55th Street
     New York, NY 10019
     Telephone: (212) 468-8000
     Facsimile: (212) 468-7900
     E-mail: jmarines@mofo.com
             bbutterfield@mofo.com
             mmartir@mofo.com
             mrussell@mofo.com

          - and -

     Eric J. Monzo, Esq.
     Brya M. Keilson, Esq.
     MORRIS JAMES LLP
     500 Delaware Avenue, Suite 1500
     Wilmington, DE 19801
     Telephone: (302) 888-6800
     Facsimile: (302) 571-1750
     E-mail: emonzo@morrisjames.com
             bkeilson@morrisjames.com

A copy of the Disclosure Statement dated June 23, 2023, is
available at https://tinyurl.ph/DlumY from PacerMonitor.com.

                         About CalPlant

CalPlant I, LLC -- http://www.eurekamdf.com/-- is a Northern
California-based company focused on manufacturing sustainably
sourced building products, including the creation of the world's
first no-added-formaldehyde, rice straw-based medium density
fiberboard, Eureka MDF. CalPlant and its predecessor company,
CalAg, LLC, have spent many years researching, developing, and
patenting a process to make high-quality MDF using annually
renewable rice straw as the feedstock, the disposal of which has
posed environmental issues in California for decades.

CalPlant I and CalPlant I Holdco, LLC sought Chapter 11 protection
(Bankr. D. Del. Lead Case No. 21-11302) on Oct. 5, 2021. The cases
are handled by Honorable Judge John T. Dorsey.

CalPlant I Holdco listed up to $100 million in assets and up to
$50,000 in liabilities as of the bankruptcy filing while CalPlant I
listed as much as $500 million in both assets and liabilities.

The Debtors tapped Morrison & Foerster, LLP as bankruptcy counsel;
Morris James, LLP as local bankruptcy counsel; Paladin Management
Group as financial advisor; and KCoe Isom, LLP as auditor and tax
services provider. Kroll's Restructuring Administration practice,
formerly known as Prime Clerk, is the claims, noticing and
administrative agent.


CARDINAL PARENT: $146.5M Bank Debt Trades at 19% Discount
---------------------------------------------------------
Participations in a syndicated loan under which Cardinal Parent Inc
is a borrower were trading in the secondary market around 80.9
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $146.5 million facility is a Term loan that is scheduled to
mature on November 12, 2028.  The amount is fully drawn and
outstanding.

Cardinal Parent, Inc. operates as an investment holding company.
The Company serves customers in the United States.



CARNIVAL CORP: S&P Alters Outlook to Positive, Affirms 'B' ICR
--------------------------------------------------------------
S&P Global Ratings revised its rating outlook on global cruise
operator Carnival Corp. to positive from negative and affirmed all
ratings, including the 'B' issuer credit rating.

The positive outlook reflects the possibility S&P may raise the
rating over the next 12 months if Carnival's forward bookings for
2023 and 2024 support continued recovery in revenue, EBITDA, and
cash flow, such that we expect leverage will remain under 6.5x.

Carnival's 2023 booked position provides sufficient revenue
visibility to support significant improvement in credit measures
this year. Carnival raised its full-year, constant-currency net
revenue per passenger cruise day (PCD) guidance by 2.5 percentage
points on its recent second-quarter earnings call. The company made
this adjustment based on its strong pricing and a continued
acceleration in bookings. Carnival's cumulative advanced booked
position for the remainder of 2023 is at higher ticket prices in
constant currency compared with 2019 (despite the loss of St.
Petersburg as a marquee destination) and a booked occupancy
position near the high end of the historical range. Furthermore,
booking volumes continued to accelerate compared with 2019. This
continued into the second quarter and beyond the typical winter
wave season. Wave season is the time period early in the year
during which cruise operators typically see significant booking
activity for the year. In the second quarter of 2023, booking
volumes for Carnival's North America segment brands were almost 20%
higher and its Europe segment brands were 13% higher than the
comparable 2019 levels. This has elongated the booking curve. The
booking curve for its North America and Australia segment is now
longer than in 2019 and 90% of 2019 levels for its Europe segment.

As a result, more than 90% of Carnival's 2023 capacity is currently
booked. Cruise recovery in Europe lagged and therefore Carnival's
recovery lagged other peers that have more North America based
customers. Carnival has a number of European brands that target
customers in specific source markets like Germany, Southern Europe,
and the U.K. Despite this initial lag, bookings for Carnival's
European brands in the second quarter for trips in the second half
of 2023 accelerated, with double-digit increases in volumes and
pricing. Lastly, Carnival's onboard revenue continues to exceed
pre-pandemic levels and pre-cruise purchases for onboard
experiences (which provide some visibility into future onboard
revenue) exceed prior years. Carnival sells about one-third of its
onboard revenue pre-cruise, which leads to greater revenue
predictability and is an improvement over 2019.

The company's current booked position and pricing provide increased
revenue visibility and should support significant revenue and
EBITDA growth compared with 2022. S&P said, "However, we expect
EBITDA to lag 2019 because of a significant increase in fuel
expense, inflationary pressures, and lower occupancy compared with
2019. Nevertheless, our forecasted EBITDA should support Carnival's
2023 leverage improving to around 7x under our current base-case
assumptions and below our 7.5x downgrade threshold. Furthermore,
Carnival reported that while early, its cumulative advanced booked
position for full-year 2024 is above the high end of historical
ranges at strong prices. We expect increased capacity in 2024, a
recovery in occupancy to historical levels for the full year, and
modest improvement in pricing. We believe these factors will
support further growth in cash flow and leverage improvement, such
that we believe Carnival's leverage will fall below our 6.5x
upgrade threshold over the next 12 months."

Carnival's strong forward bookings and longer wave season resulted
in significant growth in customer deposits, enabling accelerated
debt reduction.Carnival's customer deposits balance reached a
record high of $7.2 billion in the second quarter of 2023 as a
result of strong demand, increased capacity, continued lengthening
of the booking curve, and increased pre-cruise onboard revenue
sales. This represented an increase of $1.5 billion compared with
the first quarter of 2023, driving positive operating cash flow and
free cash flow in the second quarter, which Carnival was able to
use to accelerate debt repayment. In the second-quarter-ended May
31, 2023, Carnival repaid $1.8 billion of debt principal, including
opportunistic debt repayment of over $1 billion. The debt Carnival
opportunistically prepaid included variable rate debt mostly with
2023 and 2024 maturities that carried above average interest rates
compared to the rest of its capital structure. Carnival's liquidity
position remained healthy at more than $7 billion following the
debt repayment. In June 2023, the company then prepaid an
additional $300 million in variable rate debt maturing in 2024.
These debt repayments will reduce interest expense and improve cash
flow generation, providing additional cash flow for future debt
repayment. Pro forma for these repayments, the company's capital
structure is now approximately 80% fixed-rate debt, which is a
benefit in a rising interest rate environment and provides greater
cash flow predictability.

Carnival's more moderate ship delivery schedule compared with
pre-pandemic should allow it to continue reducing leverage despite
incremental ship debt. The industry's high capital intensity and
the need to take delivery of ships regardless of the operating
environment could slow Carnival's ability to reduce leverage in
fiscal 2024 given its current ship delivery schedule. Cruise
operators generally must commit to new ship deliveries several
years in advance. Operators typically obtain financing commitments
for the ships before delivery (often at the same time as they
contract for the ship's delivery). This provides them with some
liquidity support if their cash flow declines. However, the
incremental debt to finance their ship deliveries can lead to a
significant deterioration in their credit measure during periods of
operating weakness because their debt balances are increasing while
their EBITDA declines.

Carnival's overall ship delivery schedule, especially in fiscal
2023 and fiscal 2025, should allow for leverage reduction despite
incremental ship debt. In addition to a large ship delivered in
December 2022, Carnival has only one other ship delivery this
fiscal year, a small Seabourn ship scheduled for delivery in July.
In 2024, Carnival will take delivery of three large ships and only
one ship in 2025. Carnival does not expect any ship deliveries in
fiscal 2026. S&P incorporates Carnival's contracted newbuild capex
of $1.8 billion in fiscal 2023 (most of which was already spent),
$2.4 billion in fiscal 2024, and $900 million in fiscal 2025 and
its committed ship financings of $100 million for the remainder of
2023, $2.2 billion in fiscal 2024 and $700 million in fiscal 2025
in its base-case assumptions.

Once it resumes ordering ships, Carnival plans to target one or two
ship deliveries per year. This compares to three to five ships
annually from fiscal 2018 to fiscal 2022. S&P's believe Carnival's
approach to ordering new ships is more measured than pre-pandemic
and supports its strategy to repair its highly leveraged balance
sheet. This more measured level of ship deliveries should allow
Carnival to generate significant cash flow for leverage reduction
over the next few years, despite expected incremental ship debt to
finance new deliveries. Prior to the pandemic, Carnival's
internally cash flow could fund four to five large ships annually.

Macroeconomic risks, inflation, and high fuel costs could impair
Carnival's cash flow recovery compared to our current base-case
assumptions. Despite 500 basis points of official rate hikes in
just over a year, the U.S. economy continues to run too hot with a
tight labor market and too high inflation. The necessary slowdown
in activity means policy rates will likely need to go higher and
stay there for longer, with a growth slowdown rather than a
recession in store. Consumer spending and nonresidential
construction will drive the slowdown, with unemployment drifting
up. Rising prices and interest rates will likely eat away at
household purchasing power for the rest of 2023. Although the shift
in spending to experiences from goods may continue for a while
longer, weakening macroeconomic conditions and lower accumulated
savings could eventually cause consumers to pull back on travel
spending.

Although S&P's baseline forecast no longer includes a recession, if
economic conditions weaken, cruise operators might lower their
prices to fill ships. If operators discount prices, it could slow
their cash flow recovery and leverage improvement following years
of very depressed cash flow and extraordinarily high leverage,
especially if fuel and other costs remain elevated because of
geopolitical events and inflation. Despite this risk, the currently
wider-than-usual gap between the price of a cruise vacation and the
price of a land-based vacation may alter the need to discount in a
weakening economy. In addition, Carnival's booked position provides
good revenue visibility, as it typically has about 50% of its next
12 months booked at any given time, and the industry doesn't
usually see significant spikes in cancellations if the economy
weakens modestly.

Cruise operators, including Carnival, are exposed to oil prices,
which are significantly higher than in 2019 and could weaken the
cruise companies' EBITDA and margin recovery. Fuel costs
represented about 10% of Carnival's total operating expenses in
2019 and management forecasts an average cost per metric ton
consumed of $660 in fiscal 2023. While this is much lower than
fiscal 2022, it represents a 40% increase over 2019. The company
has not hedged against fuel prices. As a result, fuel price
volatility may adversely impact Carnival's operating expenses
compared to our base-case forecast.

S&P said, "The positive outlook reflects our forecast for
significant improvement in credit measures over the next 12 months.
Driving this improvement is anticipated revenue and EBITDA growth
as Carnival operates under more normal operating conditions and
occupancy levels continue to recover toward pre-pandemic levels.

"We could raise our ratings once we are confident Carnival's
forward bookings will support leverage improving below our 6.5x
upgrade threshold. We believe this is achievable as long as
occupancy continues recovering toward pre-pandemic levels, Carnival
is able to absorb modest capacity growth over the next year,
pricing increases modestly, and Carnival manages costs.

"We could revise the outlook to stable if operating performance in
2023 is weaker than we expect or if 2024 forward bookings
deteriorate because of a weakening economy, such that we no longer
believe its leverage will improve below our 6.5x upgrade threshold.
While less likely given the company's current pace of recovery, we
could lower the rating if we believe the company will sustain
leverage above 7.5x downgrade threshold, if we believe it will be
unable to generate positive FOCF (net of committed ship financing),
or if we anticipate any strain on Carnival's liquidity position."

ESG credit indicators: To E-3, S-4, G-2; from E-3, S-5, G2

S&P said, "We believe health and safety factors have moderated
enough to revise our social credit indicator to S-4 from S-5.
Carnival's improving occupancy and its forward booked position
suggest pandemic-related restrictions and consumer fears around
cruising will be less of an overhang this year. Nevertheless,
health and safety factors remain a negative consideration in our
credit rating analysis of Carnival, reflecting the leverage
overhang from incremental debt issued during the pandemic to
finance a long period of significant cash burn during the
industry's suspension and its slow recovery." Carnival also faces
other health and safety risks like accidents that could negatively
affect its earnings and brand perception.

Environmental factors are a moderately negative consideration
because of the company's heavy use of fuel, which creates
greenhouse gas (GHG) emissions, exposure to waste and pollution
risks and increasing environmental regulations. These risks could
lead to an increase in its required investment spending or fines if
not properly managed. Carnival recently announced it intends to
accelerate its plans to reduce carbon intensity, introducing a key
performance target to reduce carbon intensity by 20% (compared to
2019) by 2026 as opposed to its prior expectation of achieving this
goal in 2030.

Environmental, social, and governance (ESG) credit factors for this
change in credit rating/outlook and/or CreditWatch status:

-- Health and safety



CCS-CMGC HOLDINGS: $500M Bank Debt Trades at 25% Discount
---------------------------------------------------------
Participations in a syndicated loan under which CCS-CMGC Holdings
Inc is a borrower were trading in the secondary market around 74.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $500 million facility is a Term loan that is scheduled to
mature on October 1, 2025.  The amount is fully drawn and
outstanding.

CCS-CMGC Holdings, Inc. operates as a holding company. The Company,
through its subsidiaries, provides health care services.



CITY BREWING: $850M Bank Debt Trades at 40% Discount
----------------------------------------------------
Participations in a syndicated loan under which City Brewing Co LLC
is a borrower were trading in the secondary market around 59.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $850 million facility is a Term loan that is scheduled to
mature on April 5, 2028.  The amount is fully drawn and
outstanding.

City Brewing Company, LLC operates as a brewery company. The
Company produces beverages by contract, including beer, malts,
teas, and energy drinks.



CLEAN ENERGY: TAAD LLP Replaces Fruci & Associates as Auditor
-------------------------------------------------------------
Fruci & Associates II, PLLC, Auditors resigned as the independent
registered accounting firm of Clean Energy Technologies, Inc.  The
resignation was accepted by the Board of Directors of the Company
on June 21, 2023.

The Company said in a Form 8-K filed with the Securities and
Exchange Commission that Fruci's reports on the Company's financial
statements for the fiscal years ended Dec. 31, 2022 and Dec. 31,
2021 did not contain an adverse opinion or a disclaimer of opinion
and were not qualified or modified as to uncertainty, audit scope
or accounting principles, except that such reports expressed
substantial doubt regarding the Company's ability to continue as a
going concern.  Furthermore, during the Company's two most recent
fiscal years and through June 21, 2023, there have been no
disagreements with Fruci on any matter of accounting principles or
practices, financial statement disclosure or auditing scope or
procedure, which disagreements, if not resolved to Fruci's
satisfaction, would have caused it to make reference to the subject
matter of the disagreement in connection with its reports on the
Company's financial statements for such periods.

On June 21, 2023, the Company's Board of Directors appointed TAAD
LLP as the Company's new independent registered public accounting
firm.  The initial term of TAAD shall be for the fiscal year end
period, ended Dec. 31, 2023.

During the Company's two most recent fiscal years and through June
21, 2023, neither the Company nor anyone acting on the Company's
behalf consulted TAAD with respect to any of the matters or
reportable events set forth in Item 304(a)(2)(i) and (ii) of
Regulation S-K.

                        About Clean Energy

Headquartered in Costa Mesa, California, Clean Energy Technologies,
Inc. -- http://www.cetyinc.com-- designs, produces and markets
clean energy products and integrated solutions focused on energy
efficiency and renewables.  The Company provides waste heat
recovery solutions, waste to energy solutions, and engineering,
consulting and project management solutions.

Spokane, Washington-based Fruci & Associates II, PLLC, the
Company's auditor since 2015, issued a "going concern"
qualification in its report dated April 17, 2023, citing that the
Company has an accumulated deficit, a working capital deficit and
negative cash flows from operations.  These factors, among others,
raise substantial doubt about the Company's ability to continue as
a going concern.


CLOVIS ONCOLOGY: Paul Weiss, Cozen O'Connor Advise Bondholders
--------------------------------------------------------------
In connection with the chapter 11 cases of Clovis Oncology, Inc.,
et al., Paul, Weiss, Rifkind, Wharton & Garrison LLP and Cozen
O'Connor filed an amended verified statement pursuant to Rule 2019
of the Federal Rules of Bankruptcy Procedure with respect to their
representation of the Ad Hoc Committee of Holders of Convertible
Notes issued by Clovis Oncology, Inc.

The Ad Hoc Committee was formed by certain unaffiliated holders of
the Debtors' (i) 4.50% Convertible Senior Notes due 2024 issued
under that certain Indenture, dated as of August 13, 2019, between
Clovis, as issuer, and The Bank of New York Mellon Trust Company,
N.A., as trustee (the "2024 Notes (2019 Issuance)"), (ii) 4.50%
Convertible Senior Notes due 2024 issued under that certain
Indenture, dated as of November 17, 2020, between Clovis, as
issuer, and The Bank of New York Mellon Trust Company, N.A., as
trustee (the "2024 Notes (2020 Issuance)"), and (iii) 1.25%
Convertible Senior Notes due 2025 issued under that certain First
Supplemental Indenture, dated as of April 19, 2018, between Clovis,
as issuer, and The Bank of New York Mellon Trust Company, N.A., as
trustee (the "2025 Notes").

In November 2022, certain Members of the Ad Hoc Committee engaged
Paul, Weiss to represent the Ad Hoc Committee in connection with
the Members' holdings of the Prepetition Notes.  In December 2022,
the Ad Hoc Committee also engaged Cozen to represent it in
connection with the Ad Hoc Committee's holdings of the Prepetition
Notes.

On Dec. 14, 2022, the firms filed a Verified Statement pursuant to
Bankruptcy Rule 2019.  Since then, Members of the Ad Hoc Committee
and the disclosable economic interests in relation to the Debtors
that the Members hold or manage have changed.

Accordingly, pursuant to Bankruptcy Rule 2019, the submitted an
Amended Statement.

As of June 12, 2023, the Members of the Ad Hoc Committee,
collectively, beneficially own, manage, or control (or are the
investment advisors or managers for funds or entities that
beneficially own, manage, or control) approximately $219,734,000 in
aggregate principal amount of the Prepetition Notes.

The names and all disclosable economic interests of each Member as
of June 12, 2023, are:

    1. Antara Capital LP
       55 Hudson Yards
       47th Floor Suite C
       New York, NY 10001
       * $21,000,000 of Prepetition Notes

    2. Braidwell LP
       2200 Atlantic Street, 4th Floor
       Stamford, CT 06902
       * $42,503,000 of Prepetition Notes

    3. D.E. Shaw Valence Portfolios, L.L.C.
       1166 Avenue of the Americas
       Ninth Floor
       New York, NY 10036
       * $31,281,000 of Prepetition Notes
       * 6 shares of common stock of Clovis

    4. Farallon Capital Management, L.L.C.
       One Maritime Plaza
       Suite 2100
       San Francisco, CA 94111
       * $51,910,000 of Prepetition Notes
       * 150,000 shares of common stock (short)

    5. Highbridge Capital Management, LLC
       277 Park Avenue
       23rd Floor
       New York, NY 10172
       * $73,040,000 of Prepetition Notes
       * 105 of option contracts to buy shares (short)

Counsel to the Ad Hoc Committee:

        Mark E. Felger, Esq.
        COZEN O'CONNOR
        1201 North Market Street, Suite 19801
        Wilmington, DE 19801
        Telephone: (302) 295-2000
        Facsimile: (302) 295-2013
        E-mail: mfelger@cozen.com

             - and -

        Brian S. Hermann, Esq.
        Jacob A. Adlerstein, Esq.
        Kyle R. Satterfield, Esq.
        PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP
        1285 Avenue of the Americas
        New York, NY 10019
        Telephone: (212) 373-3000
        Facsimile: (212) 757-3990
        E-mail: bhermann@paulweiss.com
                jadlerstein@paulweiss.com
                ksatterfield@paulweiss.com

                     About Clovis Oncology

Clovis Oncology, Inc., is an American pharmaceutical company, which
mainly markets products for treatment in oncology. The company is
based in Boulder, Colo.

Clovis Oncology and its affiliates sought protection under Chapter
11 of the U.S. Bankruptcy Code (Bank. D. Del. Lead Case No.
22-11292) on Dec. 11, 2022. In the petition signed by Paul E.
Gross, executive vice president and general counsel, Clovis
Oncology disclosed $319,164,834 in assets and $754,564,457 in
liabilities.

Judge J. Kate Stickles oversees the cases.

The Debtors tapped Morris Nichols Arsht and Tunnell, LLLP and
Wilkie Farr & Gallagher, LLP as bankruptcy counsel; AlixPartners,
LLP as financial advisor; Perella Weinberg Partners, LP as
investment banker; and Ernst & Young, LLP as tax services provider.
Kroll Restructuring Administration, LLC is the claims, noticing
and solicitation agent.

The U.S. Trustee for Region 3 appointed an official committee of
unsecured creditors in the Debtors' cases. The committee tapped
Morrison & Foerster, LLP as lead bankruptcy counsel; Potter
Anderson & Corroon, LLP as Delaware counsel; Alvarez & Marsal North
America, LLC as financial advisor; and Jefferies, LLC as investment
banker.

The U.S. Trustee also appointed an official committee to represent
the Debtors' equity security holders. Baker & McKenzie, LLP and
Chipman Brown Cicero & Cole, LLP serve as the equity committee's
bankruptcy counsel and Delaware counsel, respectively.

                        *     *     *

Judge J. Kate Stickles in June 2023 entered an order confirming
Clovis Oncology, Inc., et al.'s Third Amended Joint Chapter 11 Plan
of Liquidation.


CMS ENERGY: Egan-Jones Retains BB+ Senior Unsecured Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company on June 23, 2023, maintained its 'BB+'
foreign currency and local currency senior unsecured ratings on
debt issued by CMS Energy Corporation.

Headquartered in Jackson, Michigan, CMS Energy Corporation is an
energy company.



COBRA HOLDINGS: $205M Bank Debt Trades at 18% Discount
------------------------------------------------------
Participations in a syndicated loan under which Cobra Holdings Inc
is a borrower were trading in the secondary market around 82.5
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $205 million facility is a Term loan that is scheduled to
mature on July 6, 2029.  The amount is fully drawn and
outstanding.

Cobra Holdings PLC is retail and wholesale insurance broking
group.



CONSUMER ACTION: Gregory Jones Named Subchapter V Trustee
---------------------------------------------------------
The U.S. Trustee for Region 16 appointed Gregory Jones as
Subchapter V trustee for Consumer Action Law Group of Panzarella &
Associates, P.C.

Mr. Jones will be paid an hourly fee of $550 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

Mr. Jones declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Gregory K. Jones
     10100 N. Santa Monica Blvd., Suite 1400
     Los Angeles, CA 90067
     Telephone: 424-214-7044
     Facsimile: 424-214-7010
     Email: gjones@stradlinglaw.com

                       About Consumer Action

Consumer Action Law Group of Panzarella & Associates, P.C. is a Los
Angeles-based law firm dedicated to helping individuals in
consumer-related matters.

Panzarella & Associates filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. C.D. Calif. Case No.
23-13906) on June 23, 2023, with $302,675 in assets and $1,192,432
in liabilities. Charles Panzarella, president, signed the
petition.

Judge Julia W. Brand oversees the case.

Andy C. Warshaw, Esq., at Financial Relief Law Center, APC is the
Debtor's counsel.


CORPORATE HOUSING: Gets Interim Cash Collateral Access
------------------------------------------------------
The U.S. Bankruptcy Court for the District of Kansas authorized
Corporate Housing Solutions LLC to use cash collateral and
inventory on an interim basis in accordance with the budget.

The Debtor requires the use of cash collateral continue its
operations, acquire goods and services, and pay other necessary and
ordinary business expenses.

The Debtor is indebted to the Small Business Administration
pursuant to an EIDL loan which asserts a security interests in and
liens upon the Debtor's personal property.

The Debtor is authorized to pay all expenses when due, including
insurance, United States Trustee's fees pursuant to 28 U.S.C.
section 1930(a), and taxes.  The SBA will be notified of any
failure or inability to do so; provided, however, that the Debtor
will only pay expenses necessary to prevent irreparable injury to
the Debtor's business and bankruptcy estate and will not pay
insiders unless it is for reasonable and customary compensation for
services performed.

The Debtor is directed to pay $422 as adequate protection to the
SBA beginning July 15, 2023 and the 15th of each month thereafter
until further Court order or confirmation of a Chapter 11 Plan.

The Debtor proposes, effective as of the Petition Date, that the
SBA be granted a replacement security interest in, and liens on,
all post-Petition Date acquired property of the Debtor and the
Debtor's bankruptcy estate that is the same type of property that
the SBA holds a pre-petition interest, lien or security interest to
the extent of the validity and priority of such interests, liens,
or security interests if any.  The amount of each of the
Replacement Liens will be up to the amount of any diminution of the
SBA's collateral positions from the Petition Date. The priority of
the Replacement Liens will be in the same priority as the SBA's
pre-petition interests, liens, and security interests in similar
property.

The Debtor will continue to maintain adequate and sufficient
insurance on all its property and assets. The Debtor will timely
file all post-petition tax returns and will make timely deposits of
all post-petition taxes.

A final hearing on the matter is set for July 17, 2023 at 9:30
a.m.

A copy of the order is available at https://urlcurt.com/u?l=oOToan
from PacerMonitor.com.

A copy of the budget is available at https://urlcurt.com/u?l=DXC7TE
from PacerMonitor.com.

                About Corporate Housing Solutions

Corporate Housing Solutions, a Delaware limited liability company
was formed on June 1, 2019 and markets and leases corporate housing
to its customers.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Kan. Case No. 23-20660) on June 15,
2023. In the petition signed by Thierry Rignol, manager, the Debtor
disclosed up to $50,000 in both assets and liabilities.

Judge Dale L. Somers oversees the case.

Colin Gotham, Esq., at Evans & Mullinix, P.A., represents the
Debtor as legal counsel.



CPC ACQUISITION: $225M Bank Debt Trades at 55% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Cpc Acquisition
Corp is a borrower were trading in the secondary market around 44.6
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $225 million facility is a Term loan that is scheduled to
mature on December 29, 2028.  The amount is fully drawn and
outstanding.

CPC Acquisition Corp is in the chemicals industry.



CROWN FINANCE: $650M Bank Debt Trades at 69% Discount
-----------------------------------------------------
Participations in a syndicated loan under which Crown Finance US
Inc is a borrower were trading in the secondary market around 31.2
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $650 million facility is a Term loan that is scheduled to
mature on September 20, 2026.  The amount is fully drawn and
outstanding.

Crown Finance US, Inc. operates as a movie theater.



CROWN FINANCE: EUR607M Bank Debt Trades at 69% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Crown Finance US
Inc is a borrower were trading in the secondary market around 31.2
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The EUR607.6 million facility is a Term loan that is scheduled to
mature on February 28, 2025.  About EUR176.9 million of the loan is
withdrawn and outstanding.

Crown Finance US, Inc. operates as a movie theater.



DAHLIA MEDITERRANEAN: Stephen Metz Named Subchapter V Trustee
-------------------------------------------------------------
The Acting U.S. Trustee for Region 4 appointed Stephen Metz, Esq.,
at Offit Kurman as Subchapter V trustee for Dahlia Mediterranean,
LLC.

Mr. Metz will be paid an hourly fee of $495 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Mr. Metz declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Stephen Metz, Esq.
     Offit Kurman
     7501 Wisconsin Avenue, Suite 1000W
     Bethesda, MD 20814
     Phone: (240) 507-1700
     Email: smetz@offitkurman.com

                    About Dahlia Mediterranean

Dahlia Mediterranean, LLC filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. E.D. Va. Case No.
23-11029) on June 21, 2023, with $1 million to $10 million in
assets and $500,000 to $1 million in liabilities. Abdalla Hashish,
co-owner, signed the petition.

Richard O. Bolger, Esq., at Bolger Law Firm, PLLC is the Debtor's
counsel.


DANA INC: Egan-Jones Retains BB- Senior Unsecured Ratings
---------------------------------------------------------
Egan-Jones Ratings Company on June 21, 2023, maintained its 'BB-'
foreign currency and local currency senior unsecured ratings on
debt issued by Dana Incorporated.

Headquartered in Maumee, Ohio, Dana Incorporated engineers,
manufactures, and distributes components and systems for worldwide
automotive, heavy truck, off-highway, engine, and industrial
markets.



DECURTIS HOLDINGS: Court OKs $6.5MM DIP Loan from Invictus
----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
Decurtis Holdings, LLC and affiliates to use cash collateral and
obtain postpetition financing, on a final basis in accordance with
the budget.

The Debtors obtained senior secured, superpriority postpetition
financing on a superpriority basis consisting of a senior secured
superpriority asset based credit facility and all amounts extended
under the DIP Facility, consisting of $6.511 million in the
aggregate principal amount of new money loans and commitments, by
and among the Borrower, Invictus Global Management, LLC, for and on
behalf of the DIP Lenders.

The DIP Facility matures through the earliest of:

      1. 90 calendar days after the Petition Date;

      2. 30 calendar days after entry of the Interim Order if the
Final Order has not been entered by the Bankruptcy Court on or
before such date;

      3. 45 calendar days after the Petition Date if the Bankruptcy
Court has not entered an order approving the Sale to the Stalking
Horse Purchaser or any other alternative bid that either (x) is
acceptable to the DIP Agent (at the direction of the Required DIP
Lenders) or (y) results in the indefeasible payment in full in cash
of the DIP Obligations, in each case, as of the closing of such
alternative transaction;

      4. The date of the termination of the Stalking Horse
Agreement for any reason, other than (x) as a result of the
Debtors' selection of an alternative bid that either has (1) the
consent of the DIP Agent (at the direction of the Required DIP
Lenders) or (2) results in the indefeasible payment in full in cash
of the DIP Obligations as of the closing of such alternative
transaction, or (y) a termination to pursue approval of a Sale or
similar transaction that is materially inconsistent with or
represents an alternative to the Sale contemplated by the Stalking
Horse Agreement that results in the indefeasible payment in full in
cash of the DIP Obligations as of the closing of such Alternative
Transaction;

      5. The date of consummation of any sale of all or
substantially all of the assets of any of the Debtors pursuant to
section 363 of the Bankruptcy Code;

      6. The date of the entry of an order by any court of
competent jurisdiction prohibiting or enjoining the Debtors' use of
the DeCurtis Experience Platform, except to the extent stayed or
reversed within five calendar days;

      7. The date of the substantial consummation of a plan of
reorganization filed in the Chapter 11 Cases that is confirmed
pursuant to an order entered by the Bankruptcy Court;

      8. The date of entry of an order by the Bankruptcy Court
approving (A) a motion seeking conversion or dismissal of any or
all of the Chapter 11 Cases or (B) a motion seeking the appointment
or election of a trustee, a responsible officer or examiner with
enlarged powers relating to the operation of the Debtors'
business,;

      9. The date, if any, on which the Bankruptcy Court orders the
conversion of the bankruptcy case of any of the Debtors to a
liquidation pursuant to Chapter 7 of the Bankruptcy Code; and

     10. The date of acceleration of all or any portion of the DIP
Loans and the termination of the DIP Commitments in respect
thereof, including, without limitation, as a result of the
occurrence of an Event of Default.

The Debtors are required to comply with these milestones:

     (a) No later than 55 calendar days after the entry of the
Interim Order, entry by the Court of the Final Order;

     (b) No later than 55 calendar days after the Petition Date,
obtain entry by the Court of an order approving the Bid Procedures,
which order wil be in form and substance acceptable to the Required
DIP Lenders as determined in their sole and absolute discretion;

     (c) No later than 75 calendar days after the Petition Date,
entry by the Debtors into applicable restructuring support
agreements with key stakeholders (in form and substance acceptable
to the Required DIP Lenders, as determined in their sole and
absolute discretion);

     (d) No later than 60 calendar days after the Petition Date,
entry by the Debtors into definitive documentation for an agreement
to obtain incremental capital to maintain administrative solvency
as necessary under the Approved Budget in form and substance
acceptable to the Required DIP Lenders, as determined in their sole
and absolute discretion;

     (e) No later than 108 calendar days after the Petition Date,
submission of qualified bids pursuant to the Bid Procedures Order;

     (f) No later than 110 calendar days after the Petition Date,
hold an auction for the sale of the Debtors' assets pursuant to the
Bid Procedures Order;

     (g) No later than 113 calendar days after the Petition Date,
entry by the Court of a sale order, which order will be in form and
substance acceptable to the DIP Agent and Required DIP Lenders in
their sole and absolute discretion; and

     (h) No later than 115 calendar days after the Petition Date,
consummation of a sale in accordance with the Bid Procedures
Order.

On January 21, 2022, the Debtors entered into a Credit Agreement,
which governs a $15 million first lien term loan credit facility.
DeCurtis LLC is the borrower under the Senior Secured Credit
Agreement and DeCurtis Holdings LLC serves as guarantor. Cantor
Fitzgerald Securities serves as administrative agent for the First
Lien Lenders.

The obligations arising under the Senior Secured Credit Agreement
are secured by senior, first priority security interests in, and
liens upon, substantially all of the Debtors' assets and property,
and second priority security interests in, and liens upon, certain
other collateral.

On April 24, 2023, the Debtors and the Senior Prepetition Agent
entered into Amendment No. 1 to the Senior Secured Credit Agreement
whereby the First Lien Lenders funded an additional $2.67 million.

On April 28, 2023, the Debtors and the Senior Prepetition Agent
entered into Amendment No. 2 to the Senior Secured Credit Agreement
whereby the First Lien Lenders funded an additional $115,000.

As of the Petition Date, there is approximately $20.74 million in
outstanding principal under the Senior Secured Credit Agreement.
The Senior Secured Credit Facility matures on January 21, 2026.

On May 15, 2019, the Debtors entered into the Credit Agreement,
which provided the Debtors with access to a $5 million revolving
loan facility and a $15 million term loan facility. DeCurtis LLC is
the borrower under the CNB Credit Agreement and DeCurtis Holdings
LLC serves as guarantor. City National Bank serves as
administrative agent. The obligations under the CNB Credit
Agreement are secured by senior, first priority security interests
in, and liens upon, the CNB Priority Collateral. Pursuant to the
Debtors' January 21, 2022 financial restructuring, all obligations
under the CNB Revolver were reduced to $0. As of the Petition Date,
there is approximately $13 million outstanding under the CNB Credit
Agreement on account of the CNB Term Loans. The CNB Credit
Agreement matures on May 15, 2027.

The Debtors require the use of cash collateral to fund their
ordinary course expenditures.

The Debtors acknowledge and stipulate that they have been, since
March 22, 2023, and remain, in default of their obligations under
the Prepetition Senior Credit Documents, and that Events of Default
have occurred under the Prepetition Senior Credit Documents, and
that since March 22, 2023, interest has accrued, and will continue
to accrue, on the Prepetition Secured Obligations at the default
rate set forth in the Prepetition Senior Credit Agreement. In
addition, the Prepetition Secured Obligations were accelerated and
were deemed to be due and owing in full as of March 22, 2023.

As adequate protection for any diminution of the Prepetition
Secured Parties' interest in the collateral resulting from the
subordination of the Prepetition Facility Liens to the DIP Liens
and/or the Debtors' use of cash collateral pursuant to the DIP
Orders, the Prepetition Agent, for the benefit of the Prepetition
Secured Parties, are granted continuing valid, binding,
enforceable, and perfected postpetition replacement liens pursuant
to 11 U.S.C. sections 361, 363(e), and 364(d)(l) on the DIP
Collateral and administrative superpriority expense claims in each
of the Chapter 11 Cases, subject only to the Carve-Out and the DIP
Obligations.

A copy of the order is available at  https://urlcurt.com/u?l=EY5d3b
from PacerMonitor.com.

                  About Decurtis Holdings LLC

DeCurtis Holdings LLC and affiliates provide guest experience and
operational management product-focused SaaS software solutions
designed to power any indoor, complex environment.  DeCurtis is the
industry leader in transformational experience technology focused
on the cruise line industry, and DeCurtis makes software systems
used for providing guests a seamless experience with cruise ship
facilities through the use of wireless sensing technologies. Beyond
the cruise line industry, DeCurtis's products and services are also
applicable to restaurants, theme parks, and the extended
hospitality industry, with the potential to expand into healthcare
and other settings.

The Debtors sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Lead Case No. 23-10548) on April
30, 2023. In the petition signed by Joseph J. Carino, chief
financial officer, the Debtor disclosed up to $50 million in assets
and up to $100 million in liabilities.

Judge Kate Stickles oversees the case.

Potter Anderson and Corroon LLP and Cooley LLP represent the Debtor
as legal counsel.

The Debtors tapped Groombrige, Wu, Baughman & Stone LLP as special
counsel, Province, LLC as financial advisor, and Omni Agent
Solutions as claims, noticing, and administrative agent.



DIGITAL MEDIA: Two Proposals Passed at Annual Meeting
-----------------------------------------------------
Digital Media Solutions, Inc. held its 2023 Annual Meeting of
Stockholders at which the stockholders:

   (1) elected Joseph Marinucci, Fernando Borghese, Scott Flanders,
Lyndon Lea, Maurissa Bell, Robbie Isenberg, and Robert Darwent as
directors; and

   (2) ratified the appointment of Grant Thornton LLP as the
Company's independent registered public accounting firm for the
fiscal year ending Dec. 31, 2023.

                        About Digital Media

Headquartered in Clearwater, Florida, Digital Media Solutions, Inc.
(NYSE: DMS) -- https://digitalmediasolutions.com -- is a provider
of data-driven, technology-enabled digital performance advertising
solutions connecting consumers and advertisers within the auto,
home, health, and life insurance, plus a long list of top consumer
verticals. The DMS first-party data asset, proprietary advertising
technology, significant proprietary media distribution, and
data-driven processes help digital advertising clients de-risk
their advertising spend while scaling their customer bases.

Digital Media reported a net loss of $52.50 million for the year
ended Dec. 31, 2022.  As of March 31, 2023, the Company had $238.81
million in total assets, $337.08 million in total liabilities,
$4.99 million in preferred stock, and a total deficit of $103.27
million.

Digital Media received notice from the New York Stock Exchange on
March 30, 2023, indicating that the Company is not in compliance
with NYSE's continued listing standards because the average closing
price of the Company's common stock was less than $1.00 over a
consecutive 30 trading-day period.

                             *   *   *

As reported by the TCR on Dec. 16, 2022, S&P Global Ratings lowered
its issuer credit rating on Digital Media Solutions Inc. (DMS) to
'CCC+' from 'B-'.  S&P said, "We view DMS' capital structure as
unsustainable absent sustainable increases in its EBITDA and FOCF.
We do not expect that the company will significantly improve its
credit metrics until 2024.  DMS is dependent on improvements in
macroeconomic conditions and insurance carrier profitability to
support increased ad spending on its platform and additional sales
through its independent insurance agents."


DIOCESE OF ROCHESTER: Andreozzi+Foote Advises 12 Abuse Claimants
----------------------------------------------------------------
In the case, The Diocese of Rochester, Plaintiff, v. AB 100 DOE, et
al., Defendants, Adv. Pro. No. 22-02075, In re The Diocese of
Rochester (Bankr. W.D.N.Y. Case No. 19-20905), the law firm
Andreozzi + Foote filed a verified statement pursuant to Rule 2019
of the Federal Rules of bankruptcy Procedure.

Partner Nathaniel L. Foote disclosed Andreozzi + Foote's
representation of 12 claimants holding tort claims against the
Diocese of Rochester.  These claims are against the Diocese and
certain non-debtors arising from child sexual abuse.

Andreozzi + Foote concentrates its law practice to representation
of survivors of sexual abuse.  Andreozzi + Foote has been retained
by victims of child sexual abuse in parishes of the Diocese to
pursue their claims against the Diocese, parishes and/or schools.

Due to confidentiality, the real names and addresses of the
claimants were excluded from publicly available filings.

The firm can be reached at:

        Nathaniel L. Foote, Esq.
        ANDREOZZI + FOOTE
        4503 North Front Street
        Harrisburg, PA 17110
        Tel: 717-525.9124
        Fax: 717-525-9143
        E-mail: nate@vca.law

                About The Diocese of Rochester

The Diocese of Rochester in upstate New York provides support to 86
Roman catholic parishes across 12 counties in upstate New York. It
also operates a middle school, Siena Catholic Academy.  The diocese
has 86 full-time employees and six part-time employees and provides
medical and dental benefits to an additional 68 retired priests and
two former priests.

The diocese generated $21.88 million of gross revenue for the
fiscal year ending June 30, 2019, compared with a gross revenue of
$24.25 million in fiscal year 2018.

The Diocese of Rochester filed for Chapter 11 bankruptcy protection
(Bankr. W.D.N.Y. Case No. 19-20905) on Sept. 12, 2019, amid a wave
of lawsuits over alleged sexual abuse of children. In the petition,
the diocese was estimated to have $50 million to $100 million in
assets and at least $100 million in liabilities.

Bond, Schoenec & King, PLLC and Bonadio & Co. serve as the
diocese's legal counsel and accountant, respectively.  Stretto is
the claims and noticing agent.

The U.S. Trustee for Region 2 appointed an official committee of
unsecured creditors in the diocese's Chapter 11 case. Pachulski
Stang Ziehl & Jones, LLP and Berkeley Research Group, LLC serve as
the committee's legal counsel and financial advisor, respectively.


DOMINO'S PIZZA: Egan-Jones Retains BB- Senior Unsecured Ratings
---------------------------------------------------------------
Egan-Jones Ratings Company on June 23, 2023, maintained its 'BB-'
foreign currency and local currency senior unsecured ratings on
debt issued by Domino's Pizza, Inc. EJR also withdraws the rating
on commercial paper issued by the Company.

Headquartered in Ann Arbor, Michigan, Domino's Pizza, Inc. operates
a network of company-owned and franchise Domino's Pizza stores,
located throughout the United States and in other countries.



ELECTRONICS FOR IMAGING: $875M Bank Debt Trades at 32% Discount
---------------------------------------------------------------
Participations in a syndicated loan under which Electronics For
Imaging Inc is a borrower were trading in the secondary market
around 68.4 cents-on-the-dollar during the week ended Friday, June
30, 2023, according to Bloomberg's Evaluated Pricing service data.


The $875 million facility is a Term loan that is scheduled to
mature on July 23, 2026.  About $842.2 million of the loan is
withdrawn and outstanding.

Electronics for Imaging is a worldwide provider of products,
technology and services leading the transformation of analog to
digital imaging.



EMBLEMHEALTH INC: A.M. Best Cuts LT Issuer Rating to ccc(Weak)
--------------------------------------------------------------
AM Best has downgraded the Long-Term Issuer Credit Ratings (ICR) to
"ccc" (Weak) from "ccc+" (Weak) and affirmed the Financial Strength
Rating (FSR) of C (Weak) of Health Insurance Plan of Greater New
York (HIP), EmblemHealth Insurance Company (EIC), EmblemHealth
Plan, Inc. (EHPI) and ConnectiCare, Inc. (ConnectiCare)
(Farmington, CT). All companies are subsidiaries of EmblemHealth,
Inc. and are domiciled in New York, NY, unless otherwise specified.
The outlook of the FSR has been revised to negative from stable,
while the outlook of the ICRs is negative.

The Credit Ratings (ratings) reflect EmblemHealth Group's
(EmblemHealth) balance sheet strength, which AM Best assesses as
very weak, as well as its marginal operating performance, neutral
business profile and marginal enterprise risk management (ERM).

The driver of the rating downgrades is continued deterioration in
EmblemHealth's capital and surplus, as well as limited financial
flexibility. Capital and surplus declined at year-end 2022, driven
by unrealized capital losses, and experienced further decline in
first-quarter 2023 driven by underwriting and net losses, while the
unrealized loss position improved in the first quarter. The
organization's financial flexibility has become constrained driven
by several years of underwriting and net losses, predominantly
driven by US$840,000,000 of COVID-19 claims; higher levels than the
national average for the last three years. This has also negatively
impacted operating cash flows. The Company entered into a
reinsurance agreement in 2022 for a portion of its commercial group
insurance business to provide some offsetting capital relief.

EmblemHealth has a very weak level of risk-adjusted capitalization,
as measured by Best's Capital Adequacy Ratio (BCAR). There have
been continuous efforts by management and actual outcomes from
medical and administrative initiatives to improve capital and
operating results. However, adverse levels of COVID-19 claims
through 2022 outweighed the company's initiatives and negatively
impacted overall operating results, as well as resulting capital.
In first-quarter 2023, EmblemHealth reported a higher underwriting
and net loss than what is considered typical seasonality of its
business that resulted in further deterioration of capital.
Operating performance is marginal due to underwriting losses and
volatility of results. AM Best assesses EmblemHealth's business
profile as neutral as it has a strong market position in the
greater New York City (NYC) market and geographic diversity with an
entity offering products in Connecticut. Additionally, the
organization operates within a vertically integrated model in its
core NYC market through its affiliated provider organizations,
AdvantageCare Physicians and BronxDocs. ERM is assessed as
marginal. Although EmblemHealth has a developed, mature and fully
integrated ERM program, the organization continues to face
challenges to improve its risk-adjusted capitalization and overall
financial results with the impacts of COVID-19.

The negative outlook on the ratings reflects EmblemHealth's
continued deterioration in risk-adjusted capital. The lead
operating company, HIP, has been under a capital restoration plan
with the New York State Department of Financial Services since
2016. The restoration plan calls for meeting and complying with a
reduced reserve requirement with the expectation of achievement of
full compliance. While HIP remains in compliance with the reduced
reserve requirement, improvement in its capital position has taken
longer than AM Best expected and while the impact from COVID-19 is
showing signs of easing, the company continues to face challenges
in its operating results. AM Best will continue to monitor the
organization's strategy and results regarding improvement in
earnings, as well as the strengthening of its capitalization.


ENERGYSOLUTIONS LLC: Moody's Ups CFR & Secured 1st Lien Debt to B2
------------------------------------------------------------------
Moody's Investors Service upgraded the ratings of EnergySolutions,
LLC, including the corporate family rating to B2 from B3,
probability of default rating to B2-PD from B3-PD and the rating on
the company's senior secured first-lien debt to B2 from B3.  The
outlook remains stable.

The upgrades reflect Moody's expectation for continued improvement
in operating performance, despite nuclear industry headwinds and
cost pressures, as the company benefits from a ramp up of its
active nuclear decommissioning ("D&D") projects and waste volumes.
As a result, Moody's expects adjusted debt-to-EBITDA to fall
steadily towards 4x over the next year.  The company's sizable
overlapping D&D projects (e.g. SONGS, Kewaunee) should support
stronger credit metrics and cash flow.

Moody's took the following rating actions on EnergySolutions, LLC:

Upgrades:

Issuer: EnergySolutions, LLC

Corporate Family Rating, Upgraded to B2 from B3

Probability of Default Rating, Upgraded to B2-PD from B3-PD

Senior Secured 1st Lien Revolving Credit Facility,
Upgraded to B2 from B3

Senior Secured 1st Lien Term Loan, Upgraded to B2 from B3

Outlook Actions:

Issuer: EnergySolutions, LLC

Outlook, Remains Stable

RATINGS RATIONALE

The ratings reflect EnergySolutions' leading position in the
nuclear waste disposal industry, unique high-value assets and
technical expertise in handling and servicing hazardous waste
materials. As a result, the company should capture at least a
portion of revenue from future nuclear plant project opportunities
and at-risk reactors.   At a minimum, there is a high likelihood
that incremental Class A radioactive waste will be directed to the
company's Clive, Utah landfill though the timing, and progress, of
these projects are difficult to predict. Demand for services is
driven by the compliance needs of customers to meet increasingly
stringent environmental regulations and is contractual in nature.

Offsetting these strengths is the volatility of project work and
free cash flow, and the company's modest scale due to reliance on a
low-volume, specialty waste industry in secular decline. Recent tax
credits for nuclear power could delay some nuclear plant
retirements amid concerns around global energy/power supplies with
increased geopolitical risks. With the D&D market facing a
slowdown, the company is increasing its focus on government
contract work and international materials waste management. D&D
projects are susceptible to delays or deferrals that increase
financial uncertainty, as was the case with SONGS. EnergySolutions
is exposed to considerable performance risk, some of which is not
under its control, because of the large size and high visibility of
nuclear decommissioning projects.  As a result, maintaining good
liquidity is key.  The sizable D&D backlog should improve free cash
flow over the next 12-24 months.

The stable outlook reflects Moody's expectations for steady
improvement in credit metrics over the next year, with liquidity
expected to strengthen as the company's active D&D projects build
cash flow aided by operational waste volumes, reducing reliance on
the revolving credit facility. The stable outlook also reflects
Moody's view that the company is well-positioned to capitalize on
upcoming D&D projects and will maintain adequate liquidity.
Additionally, Moody's expects timely refinancing of upcoming debt
maturities.

EnergySolutions adequate liquidity is supported by Moody's
expectation of unrestricted cash of over $50 million and positive
free cash flow with waste disposal receipts benefiting also from a
ramp in D&D activity. This will help reduce reliance on the
company's $150 million revolving credit facility, expiring in
November 2024, which had approximately $100 million available at
March 31, 2023, net of letters of credit.  However, free cash flow
will fluctuate with the timing of project receipts.  With the 2024
revolver expiration and the company's term loan maturing in May
2025, Moody's expects the company to address these maturities in
the near term.  Mandatory term loan amortization payments of $6.5
million a year are manageable. The revolving facility is subject to
only a springing net leverage covenant of 6x to be tested if the
aggregate amount of outstanding borrowings, net of letters of
credit above $20 million, exceeds 30% of the aggregate revolving
facility commitments. Moody's do not expect the covenant to be
tested. There are no financial maintenance covenants on the term
loan.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded with accelerated growth in margins
and free cash flow, enabled by steady activity from D&D project
overlaps and an increase in contract wins on upcoming projects,
such that debt-to-EBITDA is expected remain below 4x.
Additionally, greater stability and diversity in revenue, aided by
a combination of multiple D&D projects occurring simultaneously and
a sustained increase in operational waste volumes would also be
necessary for an upgrade.  The maintenance of good liquidity,
sufficient to offset the potential impacts from project volatility,
and a conservative financial policy would also be prerequisites for
an upgrade.

The ratings could be downgraded due to deteriorating liquidity,
including weakening free cash flow and/or diminishing revolver
availability. The ratings could also be downgraded if Moody's
expects deteriorating operating performance, including weaker or
sustained erosion of the EBITDA margin and debt-to-EBITDA remaining
above 5x.  Headline risk, including an extended disruption or a
major accident related to radioactive material handling, could also
warrant a downgrade. Further, debt funded dividends or acquisitions
that weaken the metrics would also drive negative ratings
pressure.

The principal methodology used in these ratings was Environmental
Services and Waste Management published in May 2023.

EnergySolutions, LLC provides a broad range of services to the
nuclear power industry including transportation, processing and
disposal of low-level radioactive waste (LLRW) and clean-up and
repair of nuclear sites. With two of the four privately owned or
operated disposal sites in the US for LLRW, the company handles 90%
of all domestic Class A LLRW disposal volume - the US Government is
the only authorized agent for processing and disposing of
high-level radioactive waste. Revenue was approximately $520
million for the twelve months ended March 31, 2023.

EnergySolutions, LLC is owned and controlled by private equity firm
Triartisan Capital Partners, a previous minority shareholder, after
the firm purchased the majority stake held by Energy Capital
Partners in May 2022.


ENVISION HEALTHCARE: $2.20B Bank Debt Trades at 37% Discount
------------------------------------------------------------
Participations in a syndicated loan under which Envision Healthcare
Corp is a borrower were trading in the secondary market around 63
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $2.20 billion facility is a Term loan that is scheduled to
mature on March 31, 2027.  The amount is fully drawn and
outstanding.

Envision Healthcare Corporation provides health care services. The
Hospital offers surgery, pharmacy, medical imaging, emergency care,
and other related health care services. Envision Healthcare serves
patients in the United States.



EVANGELICAL RETIREMENT: Court OKs Cash Access Thru July 5
---------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Illinois,
Eastern Division, authorized Evangelical Retirement Homes of
Greater Chicago, Incorporated, d/b/a Friendship Village of
Schaumburg, to use cash collateral on an interim basis, in
accordance with the budget, with a 10% variance, through July 5,
2023.

A second interim hearing on the matter is set for July 5 at 11
a.m.

UMB Bank, N.A. is the bond trustee under a Bond Trust Indenture
dated as of December 1, 2017, by and between the Illinois Finance
Authority and the Debtor.

The Bond Trustee holds a perfected first priority security interest
on certain real and personal property owned by the Debtor.

The Indenture and the liens granted thereunder secure two separate
obligations:

     a. Illinois Finance Authority Revenue Bonds, Series 2017
(Friendship Village of Schaumburg) in the aggregate principal
amount of $122.55 million pursuant to the Bond Indenture which on
April 30, 2023, had a principal balance of $115.18 million and
interest due of $5.59 million, totaling $120.77 million; and

     b. Evangelical Retirement Homes of Greater Chicago,
Incorporated Direct Note Obligation, Series 2017 (UMB Bank,
National Association - Friendship Senior Options, NFP Guaranty), in
the original principal amount of $13.75 million and having as of
January 31, 2023, a current principal amount due of approximately
$10.11 million principal and $153,387 interest, totaling $10.27
million.

The bond debt secured by the liens and security interests of the
Bond Trustee totals $131.1 million.

As adequate protection, the Bond Trustee is granted valid,
perfected, and enforceable senior priority replacement liens in (i)
all assets of the Debtor existing on or after the Petition Date of
the same type as the Pre-Petition Collateral, together with the
proceeds, rents, products, and profits thereof, whether acquired or
arising before or after the Petition Date, to the same extent,
validity, perfection, enforceability, and priority of the liens and
security interests of the Bond Trustee as of the Petition Date; and
(ii) all other assets of the Debtor of any kind or nature
whatsoever within the meaning of 11 U.S.C. section 541.

As additional adequate protection for any Diminution in Value, the
Bond Trustee will have a superpriority administrative expense claim
pursuant to 11 U.S.C. section 507(b) with recourse to and payable
from any and all assets of the Debtor's estate, except the account
ending in 4931 at Schaumburg Bank & Trust Company, N.A.

A Termination Event will be deemed to have occurred three business
days after written notice sent by the Bond Trustee to the Debtor,
its counsel, and the United States Trustee of the occurrence of any
of the following:

     (i) The payment of any expenses that would cause: (x)
expenditures under a single line item of the Budget to exceed the
Variance of the amount budgeted for that same line item for that
same Measuring Period; provided, however, that for purposes of
calculating such Variance, the first Measuring Period will be the
one week after the Petition Date and the first week of the Budget;
and

    (ii) The failure of the Debtor to comply with, keep, observe,
or perform any of its agreements or undertakings under the First
Interim Order.

A copy of the Court's order and the Debtor's budget is available at
https://urlcurt.com/u?l=SOzV5b from PacerMonitor.com.

The Debtor projects total operating disbursements, on a weekly
basis, as follows:

     $3,266,753 for the week ending June 30, 2023;
       $153,823 for the week ending July 7, 2023;
       $859,102 for the week ending July 14, 2023;
     $1,211,719 for the week ending July 21, 2023; and
     $1,780,297 for the week ending July 28, 2023.
    
       About Evangelical Retirement Homes of Greater Chicago

Evangelical Retirement Homes of Greater Chicago sought protection
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case
No. 23-07541) on June 9, 2023. In the petition signed by Michael
Flynn, chief executive officer, the Debtor disclosed up to $50
million in assets and up to $500 million in liabilities.

Judge Timothy A. Barnes oversees the case.

Bruce C. Dopke, Esq., at Dopkelaw LLC, represents the Debtor as
legal counsel.



FH MD PARENT: Moody's Lowers CFR to Caa1, Outlook Remains Stable
----------------------------------------------------------------
Moody's Investors Service has downgraded Elevate's corporate family
rating to Caa1 from B3 and the probability of default rating to
Caa1-PD from B3-PD (CFR and PDR are assigned under FH MD Parent,
Inc. and debt ratings are assigned under FH MD Buyer, Inc.
(collectively dba "Elevate") which is a direct subsidiary and
issuer of the rated debt).

Concurrently, Moody's downgraded to Caa1 from B3 Elevate's senior
secured bank credit facility rating, which includes the $230
million term loan and $30 million revolving credit facility. The
outlook remains stable. Elevate is a Texas-based provider of
revenue cycle management ("RCM") services, mostly to US hospitals.

The ratings downgrade reflects the deterioration of Elevate's
liquidity profile, underpinned by decaying levels of cash, lack of
free cash flow generation and heavy reliance on its revolving
credit facility. The weak liquidity is a symptom of the longer than
expected Public Health Emergency ("PHE") period, that prevented
redetermination of eligibility for Medicaid enrollees (Eligibility
segment drives approximately 60% of Elevate's revenue). And
although PHE has expired, Moody's expects a slow return of
Eligibility volumes, which will continue to pressure the company's
ratings.

Issuer: FH MD Parent, Inc.

Corporate Family Rating, Downgraded to Caa1 from B3

Probability of Default Rating, Downgraded to Caa1-PD from B3-PD

Downgrades:

Issuer: FH MD Buyer, Inc.

Backed Senior Secured 1st Lien Bank Credit Facility,
Downgraded to Caa1 from B3

Outlook Actions:

Issuer: FH MD Buyer, Inc.

Outlook, Remains Stable

Issuer: FH MD Parent, Inc.

Outlook, Remains Stable

RATINGS RATIONALE

The Caa1 corporate family rating reflects Elevate's weakened
liquidity, high debt-to-EBITDA of 7.3x for the LTM period ending on
March 31, 2023, small revenue scale when compared to other B3-rated
companies, and narrow operating scope mostly focused on patient
eligibility, payment review and patient engagement services.
Enhancing Elevate's credit profile is the company's national
footprint, longstanding customer base, high retention rates, and
Moody's expectations of continued demand for RCM services given the
increasing complexity of payment models.

All financial metrics cited reflect Moody's standard adjustments.

Elevate's liquidity is considered weak, underpinned by Moody's
expectations of diminished cash balances, heavy reliance on its
revolver and lack of cash generation. The company's $30 million
revolving credit facility due in 2026 had approximately $11 million
outstanding as March 31, 2023 and has been used towards systems
migrations and payroll in some quarters. Moody's expects Elevate to
generate minimal free cash flow only during 2024 given the slow
return of volumes from eligibility redetermination and the delayed
payment nature for Elevate's service. The company is subject to a
net leverage covenant ratio of 7.25x. Moody's believes the company
will be able to comply with the covenant but with a small cushion.

The Caa1 ratings assigned to Elevate's senior secured credit
facilities reflect both the Caa1-PD PDR and a Loss Given Default
assessment of LGD3. The senior secured credit facilities are
secured by the assets of the issuer and benefit from secured
guarantees from its direct parent and from all existing and
subsequently acquired wholly owned domestic subsidiaries. As there
is no other material debt in the capital structure, the facilities
are rated in line with the Caa1 CFR.

The stable outlook reflects Moody's expectations of organic revenue
growth in the mid-single-digits, steady demand for the company's
RCM services given the expiration of the PHE period, and minimal
free cash flow generation over the next 12-18 months.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if the company's liquidity profile
was to improve, underpinned by sustained free cash flow generation
with free cash flow to debt in the mid-single digits and ample
revolver availability. The ratings could also be upgrade if revenue
growth is sustained along with improved profitability, and debt to
EBITDA remains below 7x.

The ratings could be downgraded if 1) Elevate's revenue growth and
profitability are lower than anticipated; 2) further deterioration
of its liquidity profile; 3) inability to substantially reduce its
financial leverage.

Elevate, controlled by affiliates of Frazier Healthcare Partners
and Edgewater Funds, is a provider of RCM services, mostly to US
hospitals. The company operates in three segments: Eligibility,
Patient Responsibility, and AR Services. Moody's expect 2023
revenue pro forma for acquisitions of approximately $215 million.

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.


FIRSTENERGY CORP: Egan-Jones Retains BB Senior Unsecured Ratings
----------------------------------------------------------------
Egan-Jones Ratings Company on June 23, 2023, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by FirstEnergy Corp. EJR also withdraws the rating on
commercial paper issued by the Company.

Headquartered in Akron, Ohio, FirstEnergy Corp. operates as a
public utility holding company.



FORMING MACHINING: $260M Bank Debt Trades at 22% Discount
---------------------------------------------------------
Participations in a syndicated loan under which Forming Machining
Industries Holdings LLC is a borrower were trading in the secondary
market around 78.2 cents-on-the-dollar during the week ended
Friday, June 30, 2023, according to Bloomberg's Evaluated Pricing
service data.

The $260 million facility is a Term loan that is scheduled to
mature on October 9, 2025.  The amount is fully drawn and
outstanding.

Forming Machining Industries Holdings, LLC is a supplier of
specialized components, primarily for the aerospace industry. The
Company specializes in large scale parts and complex subassemblies.
Its products include door, nacelle and wing structures.




GARRETT MOTION: Fitch Assigns 'BB-' LongTerm IDR, Outlook Stable
----------------------------------------------------------------
Fitch Ratings has assigned Garrett Motion, Inc. a final Long-Term
Issuer Default Rating (IDR) of 'BB-'. The Outlook is Stable.
Simultaneously, Fitch has assigned Garrett's senior secured
liabilities a final instrument rating of 'BB+'/RR2.

The ratings reflect the announced suspension and conversion of
preferred shares A to common shares and closed TLB transaction with
no material changes to final documentation.

The ratings reflect Garrett's business profile as a niche,
medium-sized auto supplier, designing and manufacturing
turbochargers, a core component of engines that help reduce
emissions. Fitch considers Garrett's product portfolio to be more
focused than higher-rated peers, and it is more exposed to
electrification transition, with over 65% of component sales
derived from internal combustion engine (ICE) cars.

This risk is mitigated by Garrett's strong profitability, and
strong free cash flow (FCF) generation supported by the elimination
of preferred shares, which provides sufficient internal funds for
deleveraging and portfolio transition towards electrification.
Nevertheless, faster than expected battery electric vehicle
portfolio transition of original equipment manufacturers (OEM)
remains a risk factor, which could significantly impact the volume
and profitability assumptions.

KEY RATING DRIVERS

Strong Profitability: Fitch forecasts Garrett's EBITDA margin to be
around 15-16% for 2023-26, driven by slightly increasing volumes in
all segments, including commercial vehicles and passenger cars.
This is despite the expectations of continued consumer weakness
coupled with inflationary, non-raw material related cost pressures,
including wages and logistics.

The company's relatively low and flexible cost structure, along
with pass-through clauses in its contracts, continue to drive
margins that are among the highest in the auto supplier portfolio.
This contributes to Garrett's consistently positive annual FCF on
an adjusted basis and provides it with significant financial
flexibility.

Cash-flow Generation Significantly Improves: Fitch expects Garrett
to generate strong FCF margins of around 4% in the forecast period,
which is higher than its investment grade-rated peers and the 'a'
rating median of 3% in the auto supplier navigator. This is in line
with Garrett's historical adjusted FCF generation of around 4-8%
through previous cycles.

Non-adjusted FCF has been significantly lower due to Chapter 11
expenses and former liabilities paid to Honeywell under its
indemnification agreement. Once Garrett is clear of these costs,
and without the USD100 million payments made to preferred A
shareholders, which we treated as operational cash outflows, the
issuer has sufficient operational cash generation for rapid debt
repayment.

Deleveraging Capacity: Since emerging from bankruptcy in 2021,
Garrett has significantly improved its leverage profile. All of the
company's outstanding pre-emergence indebtedness under its credit
facilities has been cancelled and replaced with a less-intensive
capital structure, which will be further simplified with the
cancellation of preferred shares. Following the conversion of
preferred A shares to common stock, and the issuance of the new
TLB, Fitch calculates that Garrett's EBITDA net leverage will be
around 3.0x, which we expect to come down to below 2.5x at
end-2025. This is broadly in line with the 'bb' rating median of
2x.

Combustion Engine Concentration Risks: The risk of lost revenue and
earnings stemming from faster than expected growth of electric
vehicles poses a risk for Garrett's financial performance. Garrett
expects to increase its zero emission revenues to USD1 billion by
2030, providing fuel cell, E-powertrain and E-cooling solutions to
OEMs.

Sales to hybrid technologies and the different electrification ramp
up speed in emerging geographies will provide some buffer, but
transition risk and portfolio exposure are major rating
constraints. However, Fitch believes that this risk will not dampen
Garrett's ability to pay down debt, as management has visibility of
its orders for different engine types in the medium term.

Conservative Capital Allocation Policy: In line with management's
guidance, Fitch expects operational cash generation to be diverted
into deleveraging and additional organic investments into
operational needs. In its forecasts, Fitch does not have
shareholder returns beyond the approved USD250 million buyback
programme until 2025, where the Fitch forecast case achieves
management's planned capital structure.

Fitch believes the risk of excessive shareholder returns will
decrease as major shareholders holdings and board representation
are reduced with the conversion. Nevertheless, it remains a risk as
some concentration remains in the shareholding structure.
Shareholder-friendly policies that lead to a deviation from the
forecast deleveraging path could drive negative rating action.

Leading Market Position: Garett is a global leader in the USD10
billion turbocharger industry with an estimated market share of
around 30%. With a new business win rate of greater than 50%,
Garrett has placed itself in the number one or number two position
across all of its core business verticals. Fitch expects Garett's
differentiated technology in the core light vehicle and commercial
vehicle verticals to drive robust sales growth of around 4% in the
medium term, as the company increases penetration on its hybrid
electrical vehicle programmes and global light vehicle production
ramps up.

Diversified Business: As a core component manufacturer for engines,
Garrett is well positioned within the auto value chain, and has
good long-term relationships with most global OEMs and no major
concentration on a single manufacturer. The product portfolio has
some concentration to ICE, but is focused on higher value-added
powertrain technologies related to vehicles motive power. This is
evidenced by profitability margins that are significantly higher
than other core component manufacturers in the portfolio.

Garrett's geographic diversification matches other European auto
suppliers, illustrated by slightly higher exposure to the European
(48% of revenues) and Asian (31% of revenues) markets. This is a
function of proximity to OEM production, and is not a business
profile weakness.

DERIVATION SUMMARY

Relative to certain automotive technology suppliers, such as Aptiv
PLC (BBB/Stable) or Visteon Corporation, which are increasingly
focused on in-car advanced technologies, Garrett is almost entirely
dedicated to technologies related to vehicles' motive power. It is
at the smaller end of the size scale, with about one-third the
revenue of its largest competitor, BorgWarner, Inc. (BBB+/Stable),
and less than one-tenth the revenue of others such as Continental
AG (BBB/Stable). Garrett's product portfolio is somewhat similar,
but less diversified than its close peer BorgWarner, Inc.
(BBB+/Stable), and sales volumes are more exposed to
electrification transition compared with core component
manufacturers like CIE Auto and Gestamp.

Nevertheless, driven by its focus on high value-added products and
low-cost base, Garrett has one of the strongest EBITDA and FCF
metrics in the auto supplier portfolio, that matches the 'a' rating
median in the navigator. Garrett's pro-forma capital structure,
following the issuance of the new TLB, will be weak for the rating.
The expected EBITDA/net leverage metric of 3.0x will be higher than
'bb' rated peers and match the 'b' rating median in the navigator.
Nevertheless, on the back of strong FCF generation Fitch expects
Garrett to deleverage rapidly within the next two years to levels
commensurate with the rating and 'bb' rated peers.

KEY ASSUMPTIONS

- Topline growth by low to medium single digit, driven by turbo   

  charger penetration and new product ramp-up

- EBITDA margin gradually trending toward 16% by 2026

- Partial working capital reversal in 2023 followed by modest
  outflows to support revenue increase

- Capex between 2.4%-3.0% over forecast horizon

- Voluntary TLB repayment of USD200 million for 2023 and USD100
  million for 2024

- Successfully placement of TLB USD700 million

- Conversion of series A preferred shares

- Share repurchase spends up to USD250 million by 2026, no
  dividend distribution

RATING SENSITIVITIES

Factors That Could, Individually Or Collectively, Lead To Positive
Rating Action/Upgrade

- Successful portfolio transition to electrification products
  while maintaining a strong financial profile

- EBITDA leverage below 2x on a sustained basis

- Net EBITDA leverage below 1.5x on a sustained basis

Factors That Could, Individually Or Collectively, Lead To Negative
Rating Action/Downgrade

- EBITDA margin below 12% on a sustained basis

- FCF margin below 2.5% on a sustained basis

- Failure to reduce EBITDA gross leverage below 3.0x, and EBITDA
  net leverage below 2.5x by end 2025

- EBITDA interest coverage lower than 3.0x

LIQUIDITY AND DEBT STRUCTURE

Ample Liquidity: Garrett concluded 2022 with approximately USD250
million cash on balance and the USD475 million revolving credit
facility (RCF) remains untapped. The RCF has been upsized and its
maturity extended to 2028 from 2026. Fitch considers this liquidity
to be more than sufficient to sustain intra-year working capital
swings.

With supply chain constraints easing and inflation slowing, Fitch
expect a partial working capital reversal in 2023, mainly from
inventory destocking. The forecast of solid FCF generation over the
rating horizon further supports Garret's daily operations. In
addition, the company has access to a factoring programme to fund
its receivables. At end-December 2022, the utilisation was around
USD5 million.

Distant Bullet Debt Structure: Garrett has a distant bullet capital
maturity profile and does not have material maturity over the
rating horizon. The post-placement debt comprises three term loan
facilities, with two older tranches of USD706 million andEUR450
million, and the new issue totaling USD700 million, all due in
2028.. Fitch expects FCF generation to improve after eliminating
series A preferred shares, which accrue at a dividend yield at 11%
annually, equivalent to around USD120 million cash pay-out per
year. Fitch believes the simplified capital structure will
positively impact operational performance and good cash flow
generation will allow Garrett to delever fairly quickly.

ISSUER PROFILE

Spun-off from Honeywell in 2018, Garrett is a global automotive
supplier. It designs, manufactures and sells highly engineered
turbocharger and electric-boosting technologies for light and
commercial vehicle OEMs and the global vehicle independent
aftermarket as well as automotive software solutions.

ESG CONSIDERATIONS

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.

RATING ACTIONS

ENTITY / DEBT                     RATING        RECOVERY  PRIOR  
-------------                     ------        --------  -----
Garrett Motion, Inc.        LT IDR  BB-  New Rating      BB-(EXP)
    
Garrett Motion Holdings Inc.

  senior secured            LT      BB+  New Rating  RR2 BB+(EXP)

Garrett LX I S.a r.l.
  
  senior secured            LT      BB+  New Rating  RR2


GENERAL ELECTRIC: Egan-Jones Retains BB+ Senior Unsecured Ratings
-----------------------------------------------------------------
Egan-Jones Ratings Company on June 22, 2023, maintained its 'BB+'
foreign currency and local currency senior unsecured ratings on
debt issued by General Electric Company.

Headquartered in Boston, Massachusetts, General Electric Company is
a globally diversified technology and financial services company.



GLOBAL TEL LINK: $475M Bank Debt Trades at 20% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Global Tel*Link
Corp is a borrower were trading in the secondary market around 80.2
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $475 million facility is a Term loan that is scheduled to
mature on November 29, 2026.  The amount is fully drawn and
outstanding.

Global Tel*Link provides integrated technology solutions. The
Company offers communication, intelligence, education, enterprise
management, payment and deposit solutions, as well as inmate
services



GOLYAN ENTERPRISES: Has Deal on Cash Collateral Access
------------------------------------------------------
Golyan Enterprises LLC asks the U.S. Bankruptcy Court for the
Eastern District of New York for authority to use cash collateral
in accordance with its agreement with Rego Park Lender LLC.

PRL holds a security interest in the rents, issues and profits from
the real property located at, and disclosed on the Debtor's
schedule A/B, 99-44 62nd Avenue, Rego Park, New York 11374. The
Debtor's only source of income is the collection of residential and
commercial rents received from the Premises.

RLP has consented to the Debtor's use of cash collateral in
accordance with, and subject to, the budget to satisfy the
post-petition costs and expenses of the continued operations of its
business, commencing July 1, 2023 and covering a three month
period.

A foreclosure action was initially commenced by 99-44 62nd Ave NY
LLC, as assignee of Popular Bank, on July 26, 2019 by the filing of
a summons and complaint against the Debtor, Bijan, Joseph, Daniel,
METROPCS, LLC, METROPCS New York, LLC, METROPCS Communications,
Inc., T-Mobile Holdings GMBH, The People of the State of New York,
New York State Department of Taxation and Finance, "John Doe #1"
through "John Doe #20", the last twenty names being fictitious and
unknown to plaintiff, the persons or parties intended being the
tenants, occupants, persons or corporations, if any, having or
claiming an interest in or lien upon the premises, described in the
complaint, in the Supreme Court of the State of New York, Queens
County, Index Number 701980/2020.

The Action seeks to foreclose on the Note and Mortgage burdening
the Premises (99-44 62nd Avenue, Rego Park, New York 11374 (Block
2107, Lot 24)).

By Order dated February 14, 2020 and entered February 27, 2020 the
Court appointed Joseph N. Misk as temporary receiver of the
Premises. Barton Schwartz of New York City Management LLC was
retained as property manager.

By the Order Granting Judgment and Appointing Referee to Compute
dated September 22, 2022, and entered on September 23, 2022 the
Court: (i) granted default judgment and/or summary judgment in
favor of Plaintiff and against the defendants; and (ii) appointed
William T. Driscoll, Esq. as referee to compute the amount due to
the Plaintiff upon the Note and the Mortgage and to determine
whether the Premises should be sold in one or more parcels.

The Court then entered the Order of Reference, and pursuant to the
Order of Reference, the Referee has (i) computed the amount due to
the Plaintiff, as of October 19, 2022, to be in the sum of $9.853
million, plus interest from that date; and (ii) found that the
Mortgaged Premises should be sold in one parcel. On May 8, 2023,
the Court entered a decision granting the Plaintiff's motion for
(i) an order confirming the Referee's Report (ii) a Judgment of
Foreclosure and Sale, and (iii) an Order awarding the Plaintiff
legal fees; and ordered the Plaintiff to submit a judgment/order.
The Debtor filed the Chapter 11 case before the judgment/order was
entered.

As adequate protection for any diminution in the value of RPL's
interest in its collateral resulting from (a) the Debtor's use of
Cash Collateral; (b) the use, sale or lease of RPL's collateral; or
(c) the imposition of the automatic stay under 11 U.S.C. Section
362(a), RPL will receive the following adequate protection:

     (i) replacement liens pursuant to 11 U.S.C. section 361(2) on
all property of the Debtor and its estate, whether now owned or
hereafter acquired to the extent required by the pre-petition loan
documents to the same extent and validity as its pre-petition
liens;

    (ii) the Debtor will retain all rents received, and expend
funds only for the expenditure of necessary maintenance and repairs
to the premises, utility deposits and amounts set forth in the
Order and in the Budget;

   (iii) the Debtor will make adequate protection equal to the
pre-petition monthly interest only mortgage payments at the
non-default contract rate on the principal amount of the mortgage,
made to RPL in accordance with the prepetition Loan Documents;

    (iv) RPL will have a super priority administrative claim as
provided for in 11 U.S.C section 507(b), subject and subordinate
only to the Carve-Out, with priority over any and all
administrative expenses and all other claims against the Debtor,
now existing or hereafter arising, of any kind whatsoever.

The Adequate Protection Liens will be subject to:

     (i) Payments of those fees due to the Office of the United
States Trustee pursuant to 28 U.S.C. section 1930;

    (ii) The payment of allowed professional fees and disbursements
incurred by the Debtor's professionals retained by an Order of the
Bankruptcy Court, and any statutory committee appointed in the case
pursuant to fee orders or any Monthly Compensation Order and the
Budget, and in the event of a default that results in the
termination of the Debtor's authorization to use cash collateral,
unpaid Professional Fees and  disbursements incurred in accordance
with the Budget not to exceed the sum of $25,000;

   (iii) Any recoveries in favor of the estate pursuant to Chapter
5 of the Bankruptcy Code; and

    (iv) Any amounts allowed by the Court as fees and expenses of a
trustee appointed under 11 U.S.C. section 726(b) in an amount not
to exceed $7,500.

The Debtors are required to comply with these milestones:

     (i) The Debtor must file a motion seeking authority to sell
the Debtor's Property with proposed Bid Terms and the right to
designate a Stalking Horse Purchaser at a later point in time by
July 1, 2023, and will seek an expedited hearing for said relief;

    (ii) The Debtor must begin marketing the sale of the Property
as soon as the Bid Procedures Motion is approved by the Court and
the Broker's retention is approved and sale process with auction to
be done by October 17, 2023 with a 30 day window to close of
November 17, 2023; and

   (iii) The Debtor must file a liquidating Plan by July 15, 2023,
and will confirm same by October 31, 2023.

A copy of the motion is available at https://urlcurt.com/u?l=8fc16h
from PacerMonitor.com.

                     About Golyan Enterprises

Golyan Enterprises, LLC owns a residential apartment building
located at 99-44 62nd Ave., Rego Park, N.Y. The property is valued
at $12 million.  Golyan Enterprises filed its voluntary petition
for Chapter 11 protection (Bankr. E.D.N.Y. Case No. 23-41647) on
May 11, 2023, with $12,000,500 in assets and $10,472,736 in
liabilities. Faraidoon Golyan, co-managing member, signed the
petition.

Judge Nancy Hershey Lord oversees the case.

The Law Offices of Avrum J. Rosen, PLLC serves as the Debtor's
bankruptcy counsel.



GOPHER RESOURCE: $510M Bank Debt Trades at 18% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Gopher Resource LLC
is a borrower were trading in the secondary market around 81.9
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $510 million facility is a Term loan that is scheduled to
mature on March 6, 2025.  About $466.3 million of the loan is
withdrawn and outstanding.

Gopher Resource, LLC offers lead, plastic, and household waste
recycling services. Gopher Resource serves customers in North
America.



GOTO GROUP: $2.25B Bank Debt Trades at 37% Discount
---------------------------------------------------
Participations in a syndicated loan under which GoTo Group Inc is a
borrower were trading in the secondary market around 63
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $2.25 billion facility is a Term loan that is scheduled to
mature on August 31, 2027.  The amount is fully drawn and
outstanding.

GoTo, formerly LogMeIn Inc., is a flexible-work provider of
software as a service and cloud-based remote work tools for
collaboration and IT management.



GREATER FELLOWSHIP: Sept. 21 Plan Confirmation Hearing Set
----------------------------------------------------------
Judge Bianca M. Rucker has entered an order that Sept. 21, 2023, at
9:00 AM, is fixed for the date and time of the hearing on
confirmation of the Greater Fellowship Ministries, Inc.'s
Subchapter V Plan to be held at the U.S. Bankruptcy Courthouse, 200
West Second Street, Little Rock, Arkansas 72201 in the courtroom of
the Hon. Bianca M. Rucker.

July 21, 2023, is fixed as the last day for filing and serving
written objections to the confirmation of the Debtor's Subchapter V
Plan.

Aug. 21, 2023, is fixed as the last day for filing written
acceptances or rejections of the Debtor's Subchapter Plan. Such
acceptance or rejection will be by the Ballot described above and
must be received by the attorney for the Debtor on or before
midnight on August 21, 2023 in order to be counted, unless
otherwise ordered by this Court.

Attorneys for the Debtor:

     Frank H. Falkner, Esq.
     DILKS LAW FIRM
     P O Box 34157
     Little Rock, AR 72211
     Tel: (501) 244-9770
     Fax: (888) 689-7626
     E-mail: frank@dilkslawfirm.com

               About Greater Fellowship Ministries

Greater Fellowship Ministries, Inc., a tax-exempt religious
organization, filed a petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Ark. Case No. 23-10710) on March 13,
2023. In the petition filed by Esau Watson, chief executive officer
(CEO), the Debtor disclosed $100,000 to $500,000 in assets and $1
million to $10 million in liabilities.

Judge Bianca M. Rucker oversees the case.

Frank H. Falkner, Esq., at Dilks Law Firm, serves as the Debtor's
counsel.


HBL SNF: No Resident Care Concerns, 7th PCO Report Says
-------------------------------------------------------
Joseph Tomaino, the court-appointed patient care ombudsman, filed
with the U.S. Bankruptcy Court for the Southern District of New
York his seventh report regarding the quality of patient care
provided at HBL SNF, LLC's nursing facility in White Plains, N.Y.

The report contains the PCO's findings from his visit to the White
Plains facility on April 14 and June 16, during which he toured the
facility and interviewed several patients, staff, and
administration.

The PCO interviewed several nurses and certified nursing assistants
and they related that supplies were being provided, and that
staffing is adequate. The director of social services was also
interviewed regarding any patient complaints, which related to the
bankruptcy (e.g. adequacy of supplies and staffing).

Moreover, several residents voiced no complaints and were
complimentary of care they received. Neither the administrator nor
the director of nursing raised any concerns.

The PCO noted that there appears to be no difficulty currently
meeting payroll obligations nor with obtaining supplies,
medications and vendor services. There are no reported or
observable staffing, medical records, or quality of care issues.
HBL SNF and management have been cooperative and communication with
the PCO appears to be transparent.

A copy of the seventh ombudsman report is available for free at
https://urlcurt.com/u?l=d0R8rg from Omni Agent Solutions, claims
agent.

                           About HBL SNF

HBL SNF, LLC, doing business as Epic Rehabilitation and Nursing at
White Plains, operates a 160-bedroom skilled nursing and
rehabilitation facility located at 120 Church St., White Plains,
N.Y. The facility, which opened in late 2019, provides an array of
healthcare services, including neurological, respiratory,
orthopedic, occupational, psychiatric, and many other medical and
rehabilitative services.

HBL SNF filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 21-22623) on Nov. 1,
2021, listing $9,131,311 in total assets and $20,128,876 in total
liabilities. Heidi J Sorvino, Esq., at White and Williams, LLP
serves as Subchapter V trustee.

Judge Sean H. Lane oversees the case.

The Debtor tapped Klestadt Winters Jureller Southard & Stevens, LLP
as bankruptcy counsel; Michelman & Robinson, LLP as special
litigation counsel; and HMM CPAs, LLP as accountant.

Joseph J. Tomaino, the patient care ombudsman appointed in the
case, is represented by SilvermanAcampora, LLP.


HELIX ENERGY: Egan-Jones Retains CCC+ Senior Unsecured Ratings
--------------------------------------------------------------
Egan-Jones Ratings Company on June 23, 2023, maintained its 'CCC+'
foreign currency and local currency senior unsecured ratings on
debt issued by Helix Energy Solutions Group, Inc. EJR also
withdraws the rating on commercial paper issued by the Company.

Headquartered in Houston, Texas, Helix Energy Solutions Group, Inc.
is an American oil and gas services company.




HERITAGE SPECIALTY: Amy Mitchell Named Subchapter V Trustee
-----------------------------------------------------------
The Acting U.S. Trustee for Region 18 appointed Amy Mitchell as
Subchapter V trustee for Heritage Specialty Foods, LLC.

Ms. Mitchell will be paid an hourly fee of $425 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Ms. Mitchell declared that she is a disinterested person according
to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Amy Mitchell
     P.O. Box 2289
     Lake Oswego, OR 97035
     Phone: (503) 675-9955
     Fax: (503) 675-9977
     Email: mitchelltrustee@comcast.net

                     About Heritage Specialty

Heritage Specialty Foods, LLC filed Chapter 11 petition (Bankr. D.
Ore. Case No. 23-31368) on June 23, 2023, with $1 million to $10
million in both assets and liabilities. Judge Peter C. Mckittrick
oversees the case.

The Debtor is represented by Stephen A. Raher, Esq., at Leonard Law
Group, LLC.       


HERTZ CORP: Former CEO Wins Clawback Suit Over Accounting Errors
----------------------------------------------------------------
Emily Lever of Law360 reports that a New Jersey federal judge on
Monday, June 26, 2023, ruled Hertz's clawback policies do not meet
the criteria for a contract under state law, granting a win to
former Hertz CEO Mark Frissora in the car rental company's suit
seeking millions of dollars in bonuses over Frissora's alleged role
in an accounting scandal.

                       About Hertz Corp.

Hertz Corp. and its subsidiaries -- http://www.hertz.com/--
operate a worldwide vehicle rental business under the Hertz,
Dollar, and Thrifty brands, with car rental locations in North
America, Europe, Latin America, Africa, Asia, Australia, the
Caribbean, the Middle East, and New Zealand.  They also operate a
vehicle leasing and fleet management solutions business.

On May 22, 2020, The Hertz Corporation and certain of its U.S. and
Canadian subsidiaries and affiliates filed voluntary petitions for
reorganization under Chapter 11 in the U.S. Bankruptcy Court for
the District of Delaware (Bankr. D. Del. Case No. 20-11218).

Judge Mary F. Walrath oversees the cases.  

The Debtors have tapped White & Case LLP as their bankruptcy
counsel, Richards, Layton & Finger, P.A., as local counsel, Moelis
& Co. as investment banker, and FTI Consulting as financial
advisor.  The Debtors also retained the services of Boston
Consulting Group to assist the Debtors in the development of their
business plan.  Prime Clerk LLC is the claims agent.

The U.S. Trustee for Regions 3 and 9 appointed a Committee to
represent unsecured creditors in Debtors' Chapter 11 cases.  The
Committee has tapped Kramer Levin Naftalis & Frankel LLP as its
bankruptcy counsel, Benesch Friedlander Coplan & Aronoff LLP as
Delaware counsel, UBS Securities LLC as investment banker, and
Berkeley Research Group, LLC, as financial advisor. Ernst & Young
LLP provides audit and tax services to the Committee.

                          *     *     *

Hertz Global and its subsidiaries emerged from Chapter 11
bankruptcy at the end of June 2021.  Hertz won approval of a Plan
of Reorganization that unimpaired all classes of creditors (who are
legally deemed to have accepted it) and was approved by more than
97% of voting shareholders.  The Plan provided for the existing
shareholders to receive more than $1 billion of value.

Recovery by shareholders of close to $8 a share was made possible
after a fierce competition among bidders for control in the
company.  Initial offers from potential bidders for Hertz in its
bankruptcy offered nothing for equity.  Hertz in May 2021 selected
investment firms Knighthead Capital Management LLC and Certares
Management LLC, joined by other investors including Apollo Global
Management Inc. and a group of existing shareholders, as the
winning bidders for control of the bankrupt company.  A rival group
that included Centerbridge Partners LP, Warburg Pincus LLC and
Dundon Capital Partners LLC was outbid at auction.

Hertz's Plan eliminated over $5 billion of debt, including all of
Hertz Europe's corporate debt, and will provide more than $2.2
billion of global liquidity to the reorganized Company.  Hertz also
emerged with (i) a new $2.8 billion exit credit facility consisting
of at least $1.3 billion of term loans and a revolving loan
facility, and (ii) an $7 billion of asset-backed vehicle financing
facility, each on favorable terms.


HEXCEL CORP: Egan-Jones Retains BB+ Senior Unsecured Ratings
------------------------------------------------------------
Egan-Jones Ratings Company on June 22, 2023, maintained its 'BB+'
foreign currency and local currency senior unsecured ratings on
debt issued by Hexcel Corporation.

Headquartered in Stamford, Connecticut, Hexcel Corporation
develops, manufactures, and markets reinforcement products,
composite materials, and engineered products.



HOLLOWAY CROSSING: Files Immaterial Modification to Plan
--------------------------------------------------------
Holloway Crossing, LLC, filed a Second Modification to the Plan of
Reorganization.  The changes do not materially and adversely affect
the rights of any parties in interest which have not had notice and
an opportunity to be heard with regard thereto.

The Class 4 Maturity Date as defined in Section 4.4 of the Plan is
modified to mean the 27th day of the 6th month following the
Effective Date.  All other provisions of Section 4.4 remain the
same.

Except as expressly set forth in this Second Modification, the
First Modification, the Supplement, and set forth in the
Stipulation filed on January 18, 2023, all terms and provisions of
the Plan remain in full force and effect.

Attorney for the Debtor:

     Leon S. Jones, Esq.
     JONES & WALDEN LLC
     699 Piedmont Avenue, NE
     Atlanta, GA 30308
     Tel: (404) 564-9300
     E-mail: ljones@joneswalden.com

                    About Holloway Crossing

Holloway Crossing LLC is a Single Asset Real Estate (as defined in
11 U.S.C. Sec. 101(51B)).

Holloway Crossing LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 22-56865) on Aug. 31,
2022.  In the petition filed by Karen Mullins, as manager, the
Debtor reported assets between $1 million and $10 million and
liabilities between $100,000 and $500,000.

The Debtor is represented by Leon S. Jones of Jones & Walden, LLC.


HUB DUB: Ken Novak Named Subchapter V Trustee
---------------------------------------------
The U.S. Trustee for Region 11 appointed Ken Novak as Subchapter V
trustee for Hub Dub, Ltd.

Mr. Novak is a certified public accountant and president of Ken
Novak & Associates, Inc.

Mr. Novak will be paid an hourly fee of $329 for his services as
Subchapter V trustee while his professional assistant will be paid
an hourly fee of $169. In addition, Mr. Novak will receive
reimbursement for work-related expenses incurred.  

In court papers, Mr. Novak declared that he is a disinterested
person according to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Ken Novak, CPA
     Ken Novak & Associates, Inc.
     3356 Lake Knoll Drive
     Northbrook, IL 60062
     Tel: (847) 291-7718
     Fax: (847) 291-7719
     Email: knovak@kennovakinc.com

                           About Hub Dub

Hub Dub, Ltd. is a full-service eCommerce brand management &
warehousing solution.  It offers customers the importing,
warehousing, brand enforcement and distribution of products through
diverse online global sales channels.

Hub Dub filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. N.D. Ill. Case No. 23-08058) on June 20,
2023, with $50,000 to $100,000 in assets and $1 million to $10
million in liabilities. Edward Levine, president, signed the
petition.

Judge A. Benjamin Goldgar oversees the case.

Joel Schechter, Esq., at the Law Offices of Joel A. Schechter is
the Debtor's counsel.


HYDROFARM HOLDINGS: $125M Bank Debt Trades at 16% Discount
----------------------------------------------------------
Participations in a syndicated loan under which Hydrofarm Holdings
Group Inc is a borrower were trading in the secondary market around
84.5 cents-on-the-dollar during the week ended Friday, June 30,
2023, according to Bloomberg's Evaluated Pricing service data.

The $125 million facility is a Term loan that is scheduled to
mature on October 25, 2028.  About $123.4 million of the loan is
withdrawn and outstanding.

Hydrofarm Holdings Group, Inc. is an independent manufacturer and
distributor of hydroponics equipment and supplies for controlled
environment agriculture (CEA).



I&A DEVELOPMENT: Extends Deadline to File Plan to Aug. 28
---------------------------------------------------------
Judge Jil Mazer-Marino has entered an order the I&A Development
LLC., et al.'s time period to file a Chapter 11 Plan of
Reorganization and Disclosure Statement is extended through and
including August 28, 2023, and the time to obtain acceptance of a
timely filed Plan of Reorganization is extended (JMM) through and
including October 25, 2023, pursuant to section 1121(d) of the
Bankruptcy Code.

The extension of the time period granted is without prejudice to
such further requests that may be made pursuant to Section 1121(d)
of the Bankruptcy Code by the Debtors or any party in interest, for
cause shown, upon notice and a hearing.

                      About I&A Development

I&A Development, LLC, a company in Staten Island, N.Y., filed a
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
E.D.N.Y. Case No. 22-42953) on Nov. 29, 2022, with $1 million to
$10 million in both assets and liabilities. Greg Fleyshmakher,
president of I&A Development, signed the petition.

Judge Jil Mazer-Marino oversees the case.

Alla Kachan, Esq., at the Law Offices of Alla Kachan P.C. and
Wisdom Professional Services, Inc., serve as the Debtor's legal
counsel and accountant, respectively.


IBIO INC: Appoints Dr. Martin Brenner as CEO, Felipe Duran as CFO
-----------------------------------------------------------------
iBio, Inc. announced the appointments of Martin Brenner, DVM, Ph.D.
as chief executive officer; and Felipe Duran as chief financial
officer, effective immediately.  Dr. Brenner will also continue to
serve as iBio's Chief Scientific Officer, a role he has held since
December 2020.

The permanent appointments reflect the Board of Directors'
confidence in Dr. Brenner and Mr. Duran, who have respectively
served as iBio's interim CEO and CFO since early 2023, to complete
the strong management team required to lead the Company in its next
stage of growth.

Chip Clark, Chairman of iBio's Board, commented, "Since stepping
into their interim leadership roles at the beginning of the year,
Martin and Felipe have overseen key developments advancing iBio's
AI-powered biotech strategy, including the discovery of bispecific
immuno-oncology therapies and the expansion of our tech stack with
the launch of EngageTx.  Martin and Felipe are the right people to
lead iBio.  On behalf of everyone at iBio, I would like to
congratulate Martin and Felipe on their permanent appointments as
we enter a new and exciting phase in the Company's growth story."

Dr. Brenner has successfully led drug discovery and development
teams at several of the world's leading pharmaceutical companies,
including AstraZeneca, Eli Lilly and Company, Pfizer Inc., and
Merck Research Laboratories.  He most recently served as the CSO at
Pfenex Inc., which used its patented Pfenex Expression Technology
platform to create an advanced pipeline of therapeutic equivalents,
vaccines, biologics and biosimilars; and was acquired in October
2020 by Ligand Pharmaceuticals Incorporated for a total value of up
to $516 million.  Dr. Brenner previously served as the CSO at
Recursion Pharmaceuticals, Inc., a company focused on combining
automation, machine learning, and artificial intelligence to
rapidly identify potential treatments for numerous diseases; and
vice president and Head of Research & Early Development at Stoke
Therapeutics, Inc., a biotechnology company targeting specific RNA
sequences to increase the expression of proteins in the body to
treat genetic diseases. Dr. Brenner earned his DVM at the Ludwig
Maximilian University of Munich and his Ph.D. in Pharmacology at
the Veterinary School of Hannover in Hannover, Germany.  He
received the Lilly Endocrine Research Award of Merit for Science,
as well as the Lilly Pinnacle Award for Quality for Good Research
Practice.

Prior to serving as the Company's interim chief financial officer,
Mr. Duran was iBio's vice president of Financial Planning and
Analysis from April 2021 to February 2023, where he played a
strategic role in the Company's forecasting, business planning,
management reporting, and business analytics activities.  He
previously served as the Executive Director (CFO), of Lupin Latin
America, a subsidiary of Lupin Pharmaceuticals, the third-largest
generic pharmaceutical company in the United States.  During his
tenure at Lupin, Mr. Duran functioned as a key member for the Latin
American executive team, supporting both Mexico and Brazil. During
his tenure he implemented robust commercial pricing strategies and
increased regional net sales by double digits.  He also spearheaded
a turnaround of a Lupin subsidiary, transforming it to an
EBITDA-positive business; and ran the U.S. R&D finance group,
managing and providing guidance on strategy and pipeline.  He
previously held numerous strategy positions at Teva Pharmaceuticals
in both its growth markets and Latin America offices; and worked as
a Manager, FP&A for both Bupa and Noven Pharmaceuticals.  Mr. Duran
holds a B.A. in Finance and an M.B.A from the University of Miami.

                          About iBio Inc.

iBio, Inc. -- http://www.ibioinc.com-- is a developer of
next-generation biopharmaceuticals using its proprietary Artificial
Intelligence-Driven Discovery Platform and FastPharming
Manufacturing System.  The Company focused its technologies on the
research and development of novel products at its Drug Discovery
Center in California.  The Company is currently using its
FastPharming Manufacturing System and GlycaneeringSM Technologies
to develop its portfolio of proprietary biologic drug candidates.

iBio reported a net loss attributable to the Company of $50.30
million for the year ended June 30, 2022, a net loss attributable
to the Company of $23.21 million for the year ended June 30, 2021,
a net loss attributable to the company of $16.44 million for the
year ended June 30, 2020, and a net loss attributable to the
Company of $17.59 million for the year ended June 30, 2019.  As of
March 31, 2023, the Company had $44.38 million in total assets,
$26.99 million in total liabilities, and $17.39 million in
total stockholders' equity.

Holmdel, New Jersey-based CohnReznick LLP, the Company's auditor
since 2010, issued a "going concern" qualification in its report
dated Oct. 11, 2022, citing that the Company has suffered recurring
losses from operations and negative cash flows from operating
activities for the years ended June 30, 2022 and 2021 and has an
accumulated deficit as of June 30, 2022.  These matters, among
others, raise substantial doubt about its ability to continue as a
going concern.


INDERJEET SINGH: $1.6MM Private Sale of Long Island City Condo OK'd
-------------------------------------------------------------------
Judge Alan S. Trust of the U.S. Bankruptcy Court for the Eastern
District of New York authorized Inderjeet Singh and Daljeet Narang
to sell their 100% interests in 2-17 51st Avenue, Condo Unit 416,
in Long Island City, New York 11101, to Nicolas Remy Yamagata and
Michelle Mixue Dang for $1.6 million, via private sale.

The sale is on the terms of the Condominium Unit - Agreement, dated
April 24, 2023.

The sale is free and clear of any and all Liens, with such Liens to
attach to the proceeds of sale.

At the closing of the sale of the Condo, the Debtors are authorized
to pay off the mortgage on the Condo which was originally given to
Citizens Bank, N.A., on May 6, 2021 and recorded on May 18, 2021 in
CRFN 2021000181692 in the original principal sum of $1.12 million,
together with the fees and recording costs associated with the
payoff of the mortgage and the resulting satisfaction of mortgage.

The 14-day stay provided for in Bankruptcy Rules 6004(h) will not
be in effect and, pursuant to Bankruptcy Rule 7062, the Order will
be effective and enforceable immediately upon entry.

All other proceeds from the sale of the Condo not otherwise paid
under the Order will be held by the Debtors pending further order
of the Court.

Inderjeet Singh and Daljeet Narang sought Chapter 11 protection
(Bankr. E.D.N.Y. Case No. 23-70647) on Feb. 24, 2023.  The Debtors
tapped Richard McCord, Esq. as counsel.



IRIDIUM COMMUNICATIONS: Egan-Jones Retains B- Sr. Unsecured Ratings
-------------------------------------------------------------------
Egan-Jones Ratings Company on June 22, 2023, maintained its 'B-'
foreign currency and local currency senior unsecured ratings on
debt issued by Iridium Communications Inc. EJR also withdraws the
rating on commercial paper issued by the Company.

Headquartered in McLean, Virginia, Iridium Communications Inc.
offers mobile satellite communications services.



ISTANBUL REGO: Unsecureds to Get 7% Dividend in Plan
----------------------------------------------------
Istanbul Rego Park, Inc., d/b/a Black Sea Fish and Grill, submitted
a Small Business Plan of Reorganization and a Disclosure
Stateemnt.

The Plan contemplates the reorganization of the Debtor's debts over
the course of a 5-year period in accordance with the proposed
treatment of each class.  The Plan proposes to pay 7% dividend of
the allowed general unsecured claims in the manner described
herein.

The Plan designates three Classes of Claims and one Class of
Interest, taking into account the differing nature and priority
under the Bankruptcy Code for the various Claims and Interests. The
Plan also states whether each class of claims or equity interests
is impaired or unimpaired. If the Plan is confirmed, your recovery
will be limited to the amount provided for in the Plan.

The following identify the Plan's proposed treatment of Class 3 and
4 claims, which are comprised of general unsecured claims asserted
against the Debtor by non-insiders:

The Class 3 claim of Nassau Best LLC totals $63,849.  The claim
will be paid 88.35 % dividend ($56,417) within 24 months by equal
monthly installment payments of $2,351 commencing on the Effective
Date. This class is impaired.

The Class 4 claim of Nationwide Advance Inc. totals $38,000.  The
claim will be claim paid 7 % dividend ($2,660) within 60 months by
equal monthly installment payments of $44.33 commencing on the
Effective Date.  This class is impaired.

The Class 4 claim of New York State Department of Taxation &
Finance totals $1,370.  The claim will be paid 7 % dividend
($95.84) within 60 months by equal monthly installment payments of
$1,59 commencing on the Effective Date. This class is impaired.

The Class 4 Claims of Internal Revenue Service totals $16,801.  The
claim will be paid 7 % dividend ($1,176) within 60 months by equal
monthly installment payments of $19.60 commencing on the Effective
Date.  This class is impaired.

The claim # 5 of Nassau Best LLC in the amount of $94,328 filed on
03/02/2023 will not receive any treatment as the claim duplicates
the claim # 4 in the amount of $63,849 filed by Nassau Best LLC on
12/15/2022 and is filed as a contingent claim in the event the
Lease is rejected.

The claim # 7 of Ece Karagoz in the amount of $350,000 will receive
a general unsecure treatment, as similar situated creditors, unless
the Debtor prevails in its' claim objection based on the fact that
the claim was filed tardily, after the Bar Date Deadline, and no
motions to allow late filed claim was filed and requisite
documentation was not attached to the proof of claim, pursuant to
the requirements of the Bankruptcy Rule 3001.

The Plan will be financed by (i) continuing the reorganized
business operations of the Debtor, and (ii) funds accumulated in
the Debtor in Possession account commencing on the Effective Date
of the Plan.

Attorney for the Debtor:

     Alla Kachan, Esq.
     2799 Coney Island Ave, Suite 202
     Brooklyn, NY 11235
     Tel: (718) 513-3145
     Fax: (347) 342-3156
     E-mail: alla@kachanlaw.com

A copy of the Disclosure Statement dated June 23, 2023, is
available at https://tinyurl.ph/XbGhi from PacerMonitor.com.

                   About Istanbul Rego Park

Istanbul Rego Park, Inc., filed a Chapter 11 bankruptcy petition
(Bankr. E.D.N.Y. Case No. 22-43000) on Dec. 2, 2022, with as much
as $1 million in both assets and liabilities. Judge Nancy Hershey
Lord oversees the case.

The Debtor tapped the Law Offices of Alla Kachan, PC, as bankruptcy
counsel and Wisdom Professional Services Inc. as accountant.


ITTELLA INT'L: Tattooed Chef Files for Chapter 11 to Pursue Sale
----------------------------------------------------------------
Tattooed Chef, Inc., a leader in plant-based foods, filed for
protection under Chapter 11 of the U.S. Bankruptcy Code in the
United States Bankruptcy Court for the Central District of
California and intends to pursue a sale of substantially all of its
assets under Section 363 of the Bankruptcy Code.

In accordance with the sale process under Section 363 of the
Bankruptcy Code, the Company will market its assets and solicit
competing bids from interested parties. The bidding process is
designed to achieve the highest and best price for the Company's
assets.  The Company will manage the bidding process and evaluate
any bids received, in consultation with its advisors and as
overseen by the Bankruptcy Court.  The Company seeks to complete an
expedited sale process, with any sales subject to review by
creditors and approval by the Bankruptcy Court.

The Company has retained SC&H Capital, an affiliate of SC&H Group,
Inc, as its investment bank to manage the sale process and seek
qualified bidders for its assets.

The Company expects to continue operations during the Chapter 11
process, including, but not limited to, paying employees and
continuing existing benefits programs, meeting commitments to
customers and fulfilling go-forward obligations, including key
vendor payments.

To help fund its operations during this process, the Company is
finalizing the terms of debtor in possession financing to be
provided by its existing secured lender.

"I remain ever grateful to our colleagues at Tattooed Chef who
helped to shape this remarkable journey and help to introduce
plant-based foods and healthy eating to consumers across the
country," said Sam Galletti, Chairman and CEO. "Despite their
commitment to our mission and our best efforts to maintain the
operations of Tattooed Chef, our business has continued to be
impacted by a challenging financing environment and an inability to
raise additional capital. These factors, among others, in the view
of the management team and Board of Directors necessitated the
Chapter 11 filing."

Prior to the Chapter 11 filing, the Company's management team and
Board of Directors evaluated a wide range of funding possibilities
and made considerable efforts to maximize value for all
stakeholders. As previously disclosed, the Company received
unsecured loans from its Chairman and CEO totaling $12 million and
implemented a plan to significantly reduce operating expenses to
achieve profitability. The Company has provided notice of intended
layoffs to its employees in California and New Mexico.

Mr. Galletti continued, "We have created a strong brand, a
portfolio of frozen plant-based food, a vertically integrated
operating infrastructure supported by approximately 400,000 square
feet of manufacturing capacity, and extensive branded and private
label manufacturing capabilities. The actions we are announcing
today are designed to promote a fast, efficient, and
value-maximizing sale, which will allow us to provide clarity on
the future of the Company for all our stakeholders."

The Company has appointed Edward Bidanset as the Chief
Restructuring Officer.

                      About Tattooed Chef

Tattooed Chef (Nasdaq: TTCF) -- http://www.tattooedchef.com/-- is
a plant-based food company offering a broad portfolio of innovative
and sustainably sourced plant-based foods.  Tattooed Chef's
signature products include ready-to-cook bowls, zucchini spirals,
riced cauliflower, acai and smoothie bowls, cauliflower pizza
crusts, wood-fired plant-based pizzas, handheld burritos,
quesadillas, and Mexican entrees, which are available in the frozen
food sections of leading national retail food and club stores
across the United States as well as on Tattooed Chef's e-commerce
site.

Ittella International LLC and its affiliates, including Tattooed
Chef Inc., sought Chapter 11 protection (Bankr. C.D. Cal. Lead Case
No. 23-14154) on July 2, 2023.

Ittella estimated assets and debt of $10 million to $50 million as
of the bankruptcy filing.

The Company is represented in this matter by Levene, Neale, Bender,
Yoo, and Golubchik L.L.P.


ITTELLA INTERNATIONAL: Case Summary & 20 Top Unsecured Creditors
----------------------------------------------------------------
Lead Debtor: Ittella International LLC
               d/b/a Ittella International Inc.
               d/b/a Stonegte Foods Inc.
             6305 Alondra Blvd
             Paramount, CA 90723

Chapter 11 Petition Date: July 2, 2023

Court: United States Bankruptcy Court
       Central District of California

Eight affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

    Debtor                                          Case No.
    ------                                          --------
    Ittella International LLC (Lead Case)           23-14154
    BCI Acquisition Inc                             23-14155
    New Mexico Food Distributors, Inc.              23-14156
    My Jojo Inc                                     23-14157
    Karsten Tortilla Factory LLC                    23-14158
    Ittella's Chef, LLC                             23-14159
    TTCF New Mexico Holdings                        23-14160
    Tattooed Chef Inc                               23-14161

Judge: Hon. Sandra R. Klein

Debtors' Counsel: David L. Neale, Esq.
                  LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P.
                  2818 La Cienega Avenue
                  Los Angeles, CA 90034
                  Tel: (310) 229-1234
                  Email: dln@lnbyg.com

Ittella International's
Estimated Assets: $10 million to $50 million

Ittella International's
Estimated Liabilities: $10 million to $50 million

The petitions were signed by Salvatore "Sam" Galletti as CEO.

A full-text copy of Ittella International's petition is available
for free at PacerMonitor.com at:

https://www.pacermonitor.com/view/I5UI6TY/Ittella_International_LLC__cacbke-23-14154__0001.0.pdf?mcid=tGE4TAMA

List of Ittella International's 20 Largest Unsecured Creditors:

   Entity                           Nature of Claim   Claim Amount

1. Alcass SPA                                             $865,519
via Caselle, 2
1 Bedizzol-
Brescia 02508

2. Alliance Midwest, LLC                                  $625,286
PO Box 2810
Matthews, NC
28106

3. Amafruits LLC                                        $1,746,455
8940 West 192nd St
Suite C
Mokena, IL 60448

4. Americold Logistics LLC                              $1,497,214
PO Box 505339
Saint Louis, MO
63150-5339

5. C.H. Robinson International, Inc.                      $347,716
P.O. Box 9121
Minneapolis, MN
55480-9121

6. CBC                                                  $1,049,980
7710 Balboa Avenue
Suite #302
San Diego, CA 92111

7. CDW                                                    $555,725
P.O. Box 25549
Anaheim, CA 92825

8. Fan Forwarding Agency                                  $875,998

9. GI-Dis SRL                                            $383,225
via San Martino
72/4/2013
Milano 20122

10. Gibson, Dunn &                                        $684,553
Crutcher LLP
333 South Grand Avenue
Los Angeles, CA
90071-3197

11. Interglobo                                            $676,175
22411 Bonita Street
Carson, CA 90745

12. Lineage Logistics, LLC                                $767,851
PO Box 101389
Pasadena, CA
91189-1389

13. Neway Packaging Corp                                  $911,148
1973 E Via Arado Rancho
Dominguez, CA
90220

14. Rocket Machine Works Inc.                             $385,920
5410 S. Villa Avenue
Fresno, CA 93725

15. Scenic Fruit Company LLC                              $670,158
7510 SE Altman Road
Gresham, OR 97080

16. Select Personnel, Inc.                                $548,645
10440 Pioneer Blvd
Suite 8
Santa Fe Springs, CA 90670

17. Skillset Group, LLC                                 $1,200,119
3631 South Harbor Blvd.,
Suite 130
Santa Ana, CA 92704

18. South Bay Safety Inc.                                 $350,041
P.O. Box 742890
Atlanta, GA 30374

19. The Avalon Group, Inc.                                $602,770
27758 Santa Margarita Pkwy
#203
Mission Viejo, CA 92692

20. UMG Recordings, Inc.                                $1,162,500
P.O. Box 74008881
Chicago, IL 60674


IVANTI SOFTWARE: $1.75B Bank Debt Trades at 15% Discount
--------------------------------------------------------
Participations in a syndicated loan under which Ivanti Software Inc
is a borrower were trading in the secondary market around 84.6
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $1.75 billion facility is a Term loan that is scheduled to
mature on December 1, 2027.  About $1.72 billion of the loan is
withdrawn and outstanding.

Ivanti Software, Inc. provides information technology services. The
Company offers IT asset management, security, endpoint, and supply
chain solutions.



IVANTI SOFTWARE: $545M Bank Debt Trades at 35% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Ivanti Software Inc
is a borrower were trading in the secondary market around 65.3
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $545 million facility is a Term loan that is scheduled to
mature on December 1, 2028.  The amount is fully drawn and
outstanding.

Ivanti Software, Inc. provides information technology services. The
Company offers IT asset management, security, endpoint, and supply
chain solutions.



JBM SPECIALTIES: Forshey Prostok Advises Equity Holders
-------------------------------------------------------
In the Chapter 11 case of JBM Specialties, LLC, Forshey Prostok,
LLP filed a supplemental verified statement pursuant to Rule 2019
of the Federal Rules of the Bankruptcy Procedure to disclose its
representation of these equity holders:

    a. Crisp Real Estate Partners, L.P.
       * 0% equity interest in the Debtor
       * $1,679,873 claim plus tort damages

    b. JIC Legacy Trust
       * 11.33% equity interest
       * $400,000 claim plus tort damages

    c. Adreane Fippinger Irrevocable Asset Trust and/or
       Adreane Flippinger
       * 0.42% equity interest
       * $125,000 claim plus tort damages

    d. Tiffany Novicke Irrevocable Asset Trust and/or
       Tiffany Novicke
       * 0.42% equity interest
       * $125,000 claim plus tort damages

    e. BGC Legacy Trust and/or
       Beverly G. Crisp
       * 1.17% equity interest
       * $350,000 claim plus tort damages

    f. Ronald Dangelmayr and Karen Dangelmayr
       * 0.30% equity interest
       * $90,000 claim plus tort damages

    g. Tim Felderhoff and Ramona Felderhoff
       * 0.83% equity interest
       * $250,000 claim plus tort damages

    h. James Grewing and Diane Grewing
       * 0.50% equity interest
       * $150,000 claim plus tort damages

    i. Patrick and Sharon Krebs
       * 1.0% equity interest
       * $300,000 claim plus tort damages

    j. Karl Trubenbach and Elizabeth Trubenbach;
       * 0.75% equity interest
       * 225,000 claim plus tort damages

    k. Glenn and Jean Walterscheid
       * 1.67% equity interest
       * $500,000 claim plus tort damages

F&P represents Crisp Real Estate Partners, L.P.  However, the
clients represented by F&P listed above constitute an ad hoc
committee of equity interest holders.  The Ad Hoc Committee was
formed at the instance of its members in an effort to unite as
equity interest holders of the Debtor. Each member of the Ad Hoc
Committee acquired its equity interest in the Debtor at least one
year prior to the Petition Date.

Attorneys for Crisp Real Estate Partners, L.P., and the Ad Hoc
Committee of Equity Interest Holders can be reached at:

       Jeff P. Prostok, Esq.
       Suzanne K. Rosen, Esq.
       Dylan T.F. Ross, Esq.
       FORSHEY & PROSTOK LLP
       777 Main St., Suite 1550
       Fort Worth, TX 76102
       Telephone: 817-877-8855
       Facsimile: 817-877-4151
       E-mail: jprostok@forsheyprostok.com
               srosen@forsheyprostok.com
               dross@forsheyprostok.com

                       About JBM Specialties

JBM Specialties, LLC -- http://www.WhiskeyHollowDistillery.com/--
operates a beverage manufacturing business. The company is based in
Valley View, Texas.

JBM Specialties filed a petition for relief under Subchapter V of
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Texas Case No.
23-40497) on March 23, 2023, with $1 million to $10 million in both
assets and liabilities. Areya Holder Aurzada has been appointed as
Subchapter V trustee.

Judge Brenda T. Rhoades oversees the case.

The Debtor is represented by Robert DeMarco, III, Esq., at
DeMarco-Mitchell, PLLC.


JEFFRIES LLC: Egan-Jones Retains BB+ Senior Unsecured Ratings
-------------------------------------------------------------
Egan-Jones Ratings Company on June 22, 2023, maintained its 'BB+'
foreign currency and local currency senior unsecured ratings on
debt issued by Jefferies LLC.

Headquartered in New York, Jefferies LLC operates as an investment
banking firm.



JETBLUE AIRWAYS: Egan-Jones Retains B- Senior Unsecured Ratings
---------------------------------------------------------------
Egan-Jones Ratings Company on June 22, 2023, maintained its 'B-'
foreign currency and local currency senior unsecured ratings on
debt issued by JetBlue Airways Corporation. EJR also withdraws the
rating on commercial paper issued by the Company.

Headquartered in Long Island City, New York, JetBlue Airways
Corporation provides non-stop passenger flight services.



JOHN FITZGIBBON: Fitch Lowers Long IDRs to 'CCC'
------------------------------------------------
Fitch Ratings has downgraded John Fitzgibbon Memorial Hospital, MO
(JFMH) Long-Term Issuer Default Ratings (IDR) two-notches to 'CCC'
from 'B-'. Fitch also downgraded the following revenue bond rating
to 'CCC' from 'B-' on bonds issued by the Saline County Industrial
Development Authority, MO on behalf of John Fitzgibbon Memorial
Hospital (JFMH):

-- $6.9 million health facilities refunding bonds, series 2010.

Fitch does not typically assign Rating Outlooks to the 'CCC'
category.

RATING ACTION

ENTITY / DEBT                     RATING           PRIOR  
-------------                     ------           -----
John Fitzgibbon Memorial
Hospital (MO)               LT IDR  CCC  Downgrade    B-

John Fitzgibbon Memorial
Hospital (MO) /
General Revenues/1 LT       LT      CCC  Downgrade    B-

The two-notch downgrade to 'CCC' reflects JFMH's pressured
operations, which have resulted in an operating loss of $5.4
million, or a negative 1.8% operating EBITDA margin, as of fiscal
2023 (unaudited YE results through April 30, 2023), on a
consolidated basis. The rating also highlights the hospital's light
liquidity position, small size and challenging payor mix which
provide a very low margin for safety.

JFMH has continued targeting strategic efforts in order to address
operational pressure. This includes revenue cycle enhancements,
focusing on physician productivity, and capturing opportunities
with 340b pharmacy program. These strategic efforts have resulted
in a positive 6.8% operating margin for the hospital division,
isolated from the physician's group and skilled nursing facility
(SNF), for unaudited YE 2023, however despite these efforts,
unexpected expense growth including added labor costs, was
significant and impacted profitability, leaving fiscal operating
2023 results well below budgeted levels.

Operating losses from the physician's group (negative operating
margin of 79.2% through unaudited YE 2023) and The Living Center
(negative operating margin of 46.6%) have resulted in JFMH having
to fund operations through cash, on a consolidated basis, resulting
in days cash on hand declining to a very weak 32 days for unaudited
YE 2023. Fitch believes that JFMH's pathway to financial stability
is much more limited than a year ago, particularly with the loss of
stimulus funding. The reliance on funding operations through cash
could result further downgrades if it continues at the current
level.

SECURITY

The bonds are secured by general revenues of the obligated group, a
mortgage on certain system facilities, and a debt service reserve
fund.

KEY RATING DRIVERS

Revenue Defensibility - 'bb'

Leading Market Position

JFMH's revenue defensibility is primarily supported by a market
position that is nearly double that of its leading competitor. As
of fiscal 2022, the hospital secures a leading market share of 44%
with its nearest competitor at 19%. Payor mix is midrange as
Medicaid and self-pay accounted for 23% of gross revenues as of
April 30, 2022.

The hospital generally services the area's lower acuity volumes,
while higher acuity cases go to either of the two closest
competitors; Boone Hospital and University of Missouri Hospital;
both of which are about 60 miles from JFMH.

The primary service area (PSA) for JFMH is within Saline County,
MO. The PSA's unemployment rate is in line with national and state
averages, while the population trends in the county have declined
over the last five years. Wealth levels as measured by median
household income are below state and national averages and poverty
rates are somewhat above the averages as well. Current service area
conditions have contributed to an increase in self-pay patient
volumes.

Operating Risk - 'b'

Operating Losses Mount

JFMH's operating risk profile assessment is 'very weak' based on
the hospital's negative operating income level for fiscal 2023
(unaudited YE results), resulting in a negative operating EBITDA
margin of 1.8%. Operational pressure continues to stem from the
hospital's physician group and SNF (The Living Center) which were
running posted negative operating margins of 79.2% and 46.6%,
respectively. Furthermore, audited fiscal 2022 operating income was
significantly lower than Fitch's expectation based on unaudited FYE
figures.

The difference was a result of an adjustment in the forgiveness of
the Paycheck Protection Plan Loan, which was reported under other
operating revenue in unaudited figures, but recognized as
extinguishment of debt and reported as a non-operating gain. The
result was a decrease in operating EBITDA margin to an audited 0.3%
from an unaudited 7.5%. Fitch notes that management has been in
contact with majority bondholders and is working with bond council
on coverage covenants. JFMH will trip its coverage covenant and
will need a waiver. JFMH will engage a consultant and management
has begun the waiver and consultant processes already.

Both Fitch and JFMH's management expected more operational
improvement in fiscal 2023. Management-initiated cost efficiencies,
such as renegotiating vendor contracts and evaluating labor
productivity, its continued effort to enhance its revenue cycle,
solidify its 340b drug pricing program, and improve physician
productivity, all of which will continue to pave a way toward
stabilizing operations. However, the loss of stimulus funding, and
significant losses at the physician group and The Living Center,
continue to restrain the hospital's ability to break even on
operations. Management's strategic initiatives are expected to
yield a 3.0% operating EBITDA margin in fiscal 2024.

Fitch also expects JFMH's capital spending to remain relatively low
after fiscal 2023 as no major capital projects are planned and
JFMH's main focus will be to improve operations. Capital spending
is expected to be average approximately $1.0 million annually over
the next five years. However, average age of plant is high at 15.8
years as of fiscal 2022, which Fitch believes could spur capex that
is higher than management's near-term forecast.

Financial Profile - 'b'

Financial Flexibility Remains Weak

JFMH's leverage and liquidity positions have weakened since the
last review. JFMH had approximately $16.2 million of total debt
outstanding at unaudited FYE 2023, which includes long term bond
debt and leases. Unrestricted cash and equivalents decreased
significantly to $5.9 million (32 days cash on hand) for unaudited
YE 2023 from $12.0 million (67 days cash on hand) for audited YE
2022, as stressed operations required cash funding. Management is
anticipating receiving $2.6 million from the state, which includes
$580,000 recently received in June 2023.

The remaining amounts are from a cost report settlement and FEMA
claims. Due to modest operating cash flows and Fitch's capex
assumptions, Fitch's scenario analysis shows liquidity being held
stable between 30 days-40 days cash on hand and cash-to-adjusted
debt between 40%-50% during the forward-look. This scenario
includes the remaining money to be collected from the state in
fiscal 2024.

Fitch believes, for fiscal years 2024-2025, annual capital spending
will average roughly $1.15 million and increase to about 60% of
depreciation for the remainder of the forward-look, which is in
excess of management's forecast. By fiscal 2026 of the scenario
analysis, cash-to-adjusted debt and net adjusted debt to adjusted
EBITDA equate to 50% and 3.0x.

JFMH's portfolio is invested in 90% cash and cash equivalents, and
10% in fixed income, resulting in modest, but positive investment
returns during the forward-look.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

-- Operating metrics fail to recover to a level producing
    operating EBITDA margin at least 2%-3%;

-- Further balance sheet dilution;

-- A declaration of bankruptcy, even if payments are still being
    made on time and in full.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

-- Operating EBITDA margins stabilize at or above 4% based on
    stabilized operations;

-- Stabilization of unrestricted liquidity at around the current
    level at 75% cash-to-adjusted debt with the expectation of
    additional capex.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Sovereigns, Public Finance
and Infrastructure issuers have a best-case rating upgrade scenario
(defined as the 99th percentile of rating transitions, measured in
a positive direction) of three notches over a three-year rating
horizon; and a worst-case rating downgrade scenario (defined as the
99th percentile of rating transitions, measured in a negative
direction) of three notches over three years. The complete span of
best- and worst-case scenario credit ratings for all rating
categories ranges from 'AAA' to 'D'. Best- and worst-case scenario
credit ratings are based on historical performance.

PROFILE

JFMH is a 60-licensed-bed hospital located in Saline County, MO,
approximately 80 miles east of Kansas City. Operations also include
a 99-bed SNF and several rural health clinics. Total revenues in
(unaudited) fiscal 2023 were $65.9 million. Fitch reviews and cites
consolidated financial data, and the consolidated entity currently
comprises the obligated group.


JOHN RANDOLPH WOOD: Sale of Benton County Property for $1-Mil. OK'd
-------------------------------------------------------------------
Judge Bianca M. Rucker of the U.S. Bankruptcy Court for the Western
District of Arkansas approved John Randolph Wood's sale to Realty
Closing Specialists, LLC Director Barry Powell for $1 million of
the real estate, all at Siloam Springs in Benton County, Arkansas
72761, identified as follows:

     13844 Turnberry Lane (8-plex adjacent to tennis courts)
     13862 Turnberry Lane (8-plex adjacent to 13844)
     13874 Turnberry Lane (duplex with old spa facility)
     13878 Turnberry Lane (duplex next to 13874)

     Assessor Parcel Number 18-13823-000.

Pursuant to the Plan the following claims or classes of claims will
be paid at closing in the stated priority:

     First, United States-Internal Revenue Service (Secured Claim
3)
     Second, State of California (Claim 9)
     Third, United States-Internal Revenue Service (Priority Claim
3)
     Fourth, Class 6 pro rata

The sale is free and clear of all mortgages, liens, claims, and
interests of any kind.

The Real Estate found at 13844 is under septic system permit
receipt 177583.  The Real Estate found at 13862 is under septic
permit receipt 177584.  The Real Estate found at 13874 and 13878
are on the septic system owned and operated by Dawn Hill Property
Owners Association and such septic system was installed prior to
1977 and there is no permit because one was not required prior to
1977.

The 14-day stay of any order approving the Motion is waived
pursuant to Rule 6004(h) FRBP.

The bankruptcy case is In re: John Randolph Wood, Case No.
5:19-BK-70223 (Bankr. W.D. Ark.).



K STREET: Seeks to Extend Disclosures Filing Deadline to July 14
----------------------------------------------------------------
K Street, LLC, a single asset real estate case, filed in late June
2023 a motion to extend its deadline to file a Disclosure Statement
to July 14, 2023.

The Debtor retained Marcus & Millichap ("M&M") as real estate
broker on December 8, 2022, and the application to Employ was
granted in January, 2023. M&M has marketed the Debtor's Property
after some fix up and repairs that were required and performed by
the 10Ninety Group, LLC (the manager) and Tina Shaw. The marketing
started March 3, 2023 and continued until late May, 2023. An
aspirant purchaser was selected out of various finalists and
semi-finalists to purchase the Property and final negotiations
ensued until last week when a final price point and other
particulars were reached by M&M with the aspirant purchaser. The
undersigned aided all of this past week since last Friday in
drafting and finalizing a real estate contract for the transaction
and taking comments from multiple parties with many drafts. The
Purchase and Sale Agreement (the "PSA") was finalized last night.
On June 23, 2023, the purchaser's attorney notified all involved
that the purchaser did not want to sign or ratify the PSA.

On information and belief, the purchaser had due diligence
discussions prior to entering into the PSA with the ground lessor
who made statements that dissuaded the purchaser from proceeding
forward with the transaction. Although the decision of the
purchaser is not final, it does prevent the Debtor from having
proceeded with a plan of reorganization that was supported by a PSA
and a forthcoming motion to sell free and clear of liens, claims
and encumbrances and interests herein.  Apparently, the ground
lessor relies upon an amendment to the ground lease which bars
redemption of the real property.

The counsel for the ground lessor has neither returned calls nor
responded to a detailed email on the subject matter today,
requesting a copy of the amendment noted above.

The Debtor believes that it is in its best interests to consider
proceeding with an adversary proceeding and objection to claim as
to the ground lessor pertaining to a declaratory judgment that the
ground lease is a security interest disguised as a commercial
lease. This has been foreshadowed in the Debtor's Opening
Memorandum. This will require discussions with WesBanco Bank,
further evaluation of a consent resolution, if any, with the ground
lessor, and in the absence of resolution, prompt filing of
litigation to move forward.

There are three options outlined in the Plan which was filed late
June 23; namely, a consummation of the PSA noted above with the
current aspirant purchaser; or a commercial reserve auction
conducted by the Debtor in conjunction with WesBanco Bank.  Third
is an equity holder financing option whereby Mr. Sequar is
procuring financial resources to purchase the commercial paper of
WesBanco Bank, and make other cash distributions on the Plan,
including allowed unsecured claims, any other allowed secured
claims, including the ground lessor if reclassified as such by
declaratory judgment action, or consent, and allowed administrative
expenses. The timing on these options and the disposition of the
Property under the Plan is both very sequenced and specific. The
Debtor requests some time therefore to arrive at a Disclosure
Statement with appropriate adequate information to support the Plan
and the financial aspects thereof, including the results of today's
developments, through and including July 14, 2023.

Counsel to K Street, LLC:

     John D. Burns, Esq.
     BURNS LAW FIRM, LLC
     6305 Ivy Lane, Suite 340
     Greenbelt, MD 20770
     Tel: (301) 441-8780
     E-mail:  info@burnsbankruptcyfirm.com

                      About K Street LLC

K Street, LLC is a single asset real estate (as defined in 11
U.S.C. Sec. 101(51B)).

K Street filed a petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. D.C. Case No. 22-00198) on Oct. 25,
2022, with $10 million to $50 million in assets and $1 million to
$10 million in liabilities. Habte Sequar, president and member of K
Street, signed the petition.

Judge Elizabeth L. Gunn oversees the case.

The Debtor is represented by John D. Burns, Esq., at The Burns Law
Firm, LLC.


LHOTSE CIS LLC: Court Approves Sale of Comfort Suites in Houston
----------------------------------------------------------------
Judge Christopher Lopez of the U.S. Bankruptcy Court for the
Southern District of Texas authorized Lhotse CIS, LLC, to sell the
Comfort Suites located in Houston, Texas, located at 15555B John F.
Kennedy Blvd., in Houston, Texas 77032.

All reasonable and necessary closing costs (including title
insurance, survey fees, and miscellaneous closing costs), and the
real estate broker's commission will be paid at closing in
accordance with the terms of the Contract.

The sale is free and clear of any and all liens, claims, interests,
and encumbrances.  Such liens, claims, interests, and encumbrances
are to attach to the proceeds of sale.

The year of closing ad valorem or other property tax liens, if any,
will be paid at the time of closing in accordance with the terms of
the Contract.  Al remaining proceeds after closing costs and
property taxes are satisfied remain in an escrow account held by
the title company subject to further order of the Court.

There will be no 14-day delay in the effectiveness of the Order of
Sale.

Southern Title is authorized and directed to disburse $20,000 to
the Debtor's counsel.  The Debtor's counsel is authorized and
directed to disburse those funds to creditors.  Any estate
professionals are not required to file applications for
compensation.

Southern Title is further authorized and directed to disburse
$10,000 to Chris Quinn, the Subchapter V Trustee.  The Trustee is
authorized to accept as full and final payment for services in the
Debtor’s bankruptcy case, the funds received from Southern Title
and all amounts received from the Debtor (as budgeted and approved
in various cash collateral orders) or any person or entity acting
in concert with the Debtor during the pendency of this bankruptcy
case.  The remaining balance held by Southern Title will be
remitted to Guaranty Bank & Trust, N.A.

The foregoing distributions and payments will be made within three
business days of entry of the Order.

Upon filing a report that the distributions have been made, the
Trustee will be discharged.  Any stay pursuant to Bankruptcy Rule
4001, to the extent applicable, is waived.

Finally, the named and numbered chapter 11 bankruptcy case is
dismissed.

                         About Lhotse CIS

Lhotse CIS LLC operates a Country Inn & Suites located in Houston,
Texas. The Debtor filed a petition for relief under Subchapter V
of Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Case No.
22-bk-32937) on Oct. 3, 2022.  In the petition filed by Jack
Kaphle, as manager, the Debtor reported assets and liabilities
between $1 million and $10 million.

Chris Quinn has been appointed as Subchapter V trustee.

The Debtor is represented by Joyce Williams Lindauer of Joyce W.
Lindauer Attorney, PLLC.



LHS BORROWER: $1.41B Bank Debt Trades at 17% Discount
-----------------------------------------------------
Participations in a syndicated loan under which LHS Borrower LLC is
a borrower were trading in the secondary market around 82.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $1.41 billion facility is a Term loan that is scheduled to
mature on February 18, 2029.  The amount is fully drawn and
outstanding.

LHS Borrower, LLC, a wholly owned subsidiary of Leaf Home
Solutions, LLC, is a direct-to-consumer home solutions platform
serving underserved markets with innovative home safety and
improvement solutions throughout the United States and Canada.



LIFESCAN GLOBAL: $1.01B Bank Debt Trades at 18% Discount
--------------------------------------------------------
Participations in a syndicated loan under which LifeScan Global
Corp is a borrower were trading in the secondary market around 81.9
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $1.01 billion facility is a Term loan that is scheduled to
mature on December 31, 2026.  About $949.9 million of the loan is
withdrawn and outstanding.

Lifescan Global Corporation is a provider of blood glucose
monitoring systems for home and hospital use.



LINCOLN POWER: Plan Confirmation Hearing Set for July 26
--------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware will hold a
hearing on July 26, 2023, at 10:00 a.m. (prevailing Eastern Time),
to confirm the joint Chapter 11 plan of reorganization filed by
Lincoln Power, L.L.C., et al.  Objections to the confirmation of
the Plan, if any, must be filed no later than 12:00 p.m.
(prevailing Easter Time) on July 21, 2023.

The Court approved the adequacy of the Disclosure Statement
explaining the Debtors' Joint Chapter 11 plan.

                      Reorganization Plan

After engaging in months of extensive good-faith and arm's-length
negotiations with Holders of Credit Agreement Claims, shortly
before the commencement of the Chapter 11 Cases, the Debtors, the
Consenting Sponsor, and certain holders of First Lien Claims --
which hold more than 90% of outstanding Credit Agreement Claims --
agreed on the terms of the Restructuring as set forth in the
Restructuring Support Agreement.

The RSA contemplates, in the first instance, that the Debtors will
pursue a largely-consensual restructuring that would (if
confirmed): (i) facilitate a comprehensive restructuring centered
around a debt-to-equity swap for secured creditors and (ii) fund
the Chapter 11 Cases via the consensual use of cash collateral.
The RSA, however, also contemplates that the Debtors will in the
first 45 days of the Chapter 11 Cases commence a marketing process
to assess whether there are potential purchasers interested in
acquiring some or all of the Debtors' assets and preserves the
Debtors' ability to pursue such a sale in the event it is in the
best interests of the Debtors' estates and stakeholders.

Notably, Section 7.03(b) of the RSA makes clear that the Debtors
have a fiduciary-out in the event a superior proposal arises and
that the Debtors' boards of directors can at all times act
consistent with their fiduciary duties.

Under the Plan, Class 4A General Unsecured Claims against the
Non-Obligor Debtor total $12,213.  Class 4A is unimpaired.

Class 4B General Unsecured Claims against the Obligor Debtors total
$41,094,496 to $50,125,668.  Class 4B consists of all General
Unsecured Claims (including, for the avoidance of doubt, Credit
Agreement Deficiency Claims) against the Obligor Debtors,
including, if applicable, any Macquarie Unsecured Claims.  Holders
of Allowed General Unsecured Claims against the Obligor Debtors
will receive their Pro Rata share of the Obligor Debtors GUC Cash
Pool. Creditors will recover 0.10% to 0.12% of their claims. Class
4B is impaired.

A copy of the Disclosure Statement dated June 16, 2023, is
available at https://tinyurl.ph/hPLGX from Omniagentsolutions, the
claims agent.

                      About Lincoln Power

Headquartered in Charlotte, N.C., Lincoln Power, L.L.C., is a power
company that owns two gas-fired power-generation facilities one of
which is located in Elgin, Illinois, and the other of which is
located in East Dundee, Illinois.

Lincoln Power, LLC and seven affiliates sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Case No.
23-10382) on March 31, 2023. In the petition signed by Justin D.
Pugh, chief restructuring officer, the Debtor disclosed up to $500
million in both assets and liabilities.

The Hon. Laurie Selber Silverstein oversees the cases.

Lawyers at Latham & Watkins LLP and Young Conaway Stargatt &
Taylor, LLP, serve as the Debtors' bankruptcy counsel.  Guggenheim
Securities, LLC, is the Debtors' financial advisor and investment
banker.  Omni Agent Solutions serves as the Debtors' claims and
noticing agent.


LITIGATION PRACTICE: Two New Committee Members Appointed
--------------------------------------------------------
The U.S. Trustee for Region 16 appointed Affirma, LLC and Abigail
Beaudin as new members of the official committee of unsecured
creditors in the Chapter 11 case of The Litigation Practice Group,
PC.

The committee is now composed of:

     1. Alexadra Lufti

     2. April Reidy

     3. Denise Burtchell

     4. Angela Dows, Esq.

     5. Thomas Ray

     6. Affirma, LLC

     7. Abigail R. Beaudin

                About The Litigation Practice Group

The Litigation Practice Group P.C. sought protection for relief
under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Calif. Case
No. 23-10571) on March 20, 2023, with as much as $1 million in both
assets and liabilities. Judge Scott C. Clarkson presides over the
case.

Khang & Khang, LLP represents the Debtor as legal counsel.

Richard A. Marshack, the Debtor's Chapter 11 trustee, tapped
Marshack Hays, LLP as bankruptcy counsel and Grobstein Teeple, LLP
as accountant.

The U.S. Trustee for Region 16 appointed an official committee to
represent unsecured creditors in the Debtor's Chapter 11 case.


MAISON ROYALE: Greta Brouphy Named Subchapter V Trustee
-------------------------------------------------------
The Acting U.S. Trustee for Region 5 appointed Greta Brouphy, Esq.,
at Heller, Draper and Horn, LLC as Subchapter V trustee for Maison
Royale, LLC.

Ms. Brouphy will be paid an hourly fee of $375 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Ms. Brouphy declared that she is a disinterested person according
to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Greta M. Brouphy, Esq.
     Heller, Draper and Horn, LLC
     650 Poydras Street, Suite 2500
     New Orleans, LA 70130-6175
     Telephone: 504-299-3300
     Facsimile: 504-299-3399
     Email: gbrouphy@hellerdraper.com

                        About Maison Royale

Maison Royale, LLC filed Chapter 11 petition (Bankr. E.D. La. Case
No. 23-10966) on June 20, 2023, with $500,001 to $1 million in
assets and $500,001 to $1 million in liabilities. Judge Meredith S.
Grabill oversees the case.

The Debtor is represented by Christopher T. Caplinger, Esq., at
Lugenbuhl, Wheaton, Peck, Rankin & Hubbard.


MALLINCKRODT PLC: Gets Delay of $200M Opioid Payment to July 7
--------------------------------------------------------------
Mallinckrodt Plc struck a deal to delay until July 7, 2023, a $200
million opioid settlement payment originally due Friday, June 16,
2023, as it continues evaluating options to restructure its balance
sheet.

As previously disclosed, the Board of Directors of Mallinckrodt plc
is engaged in discussions with various stakeholders, including
parties holding substantial positions across the Company's capital
structure and representatives of the Opioid Master Disbursement
Trust II (the "Trust").  The Board is actively evaluating the
Company’s capital needs in light of its obligations under its
opioid settlement and its long-term debt, and is considering
options, including transactions that have been proposed by holders
of various series of the Company's indebtedness and other Company
stakeholders, as well as the viewpoints of various parties in
interest.

As previously disclosed, in connection with these ongoing
discussions, on June 15, 2023, the Company, certain subsidiaries of
the Company and the Trust entered into Amendment No. 1 (the
"Amendment") to that certain Opioid Deferred Cash Payments
Agreement, dated as of June 16, 2022, among the Parties (the
"Opioid Deferred Cash Payments Agreement"), which extended to June
23, 2023, from June 16, 2023, the date on which a $200 million
payment (the "Opioid Deferred Cash Payment") is required to be made
to the Trust.  As previously disclosed, on June 22, 2023, pursuant
to the Amendment, the Trust provided written notice that it was
further extending the due date of the Opioid Deferred Cash Payment
from June 23, 2023 to June 30, 2023.

On June 29, 2023, pursuant to the Amendment, the Trust provided
written notice that it was further extending the due date of the
Opioid Deferred Cash Payment from June 30, 2023 to July 7, 2023.
The Company recognizes the important role of the Trust in helping
to address the nation's opioid crisis and fund addiction treatment
and related efforts. Under the Opioid Deferred Cash Payments
Agreement, which was originally entered into by the Parties upon
the Company's emergence from bankruptcy on June 16, 2022 (the
"Effective Date"), the Company and certain of its subsidiaries
agreed to make certain deferred payments to the Trust, including a
$450 million payment that was paid on the Effective Date.

The Company continues to analyze its situation and engage with
various stakeholders, including representatives of the Trust. There
can be no assurance of the outcome of this process, including
whether or not the Company may make a filing in the near term or
later under the U.S. Bankruptcy Code or analogous foreign
bankruptcy or insolvency laws.

                 $17M Term Loan Interest Payment

In connection with ongoing discussions, the Company previously
determined not to make an approximately $17 million interest
payment due on June 20, 2023 (the "Term Loan Interest Payment") to
the holders of the Company's First Lien Senior Secured Term Loans
pursuant to the Credit Agreement, dated as of June 16, 2022, by and
among the Company, Mallinckrodt International Finance S.A.,
Mallinckrodt CB LLC, the lenders party thereto from time to time,
Acquiom Agency Services LLC and Seaport Loan Products LLC, as
co-administrative agents (collectively, the "Administrative
Agent"), and Deutsche Bank AG New York Branch, as collateral agent
(the "Credit Agreement").  The Credit Agreement provides for first
lien senior secured term loan facilities with a current aggregate
principal amount of approximately $1,728 million (collectively, the
"First Lien Senior Secured Term Loans").

On June 26, 2023, within the five business day grace period set
forth in the Credit Agreement, the Company paid in full the Term
Loan Interest Payment (including interest thereon at the rate
specified in the Credit Agreement) to the Administrative Agent for
distribution to the holders of the Company's First Lien Senior
Secured Term Loans. As a result of such payment, no event of
default will occur under the Credit Agreement as a result of the
Company's previous failure to make the Term Loan Interest Payment.
In addition, the Company has determined to pay in full, on or about
June 30, 2023, the approximately $11 million amortization payment
(the "Term Loan Amortization Payment") due on June 30, 2023 to
holders of the Company's First Lien Senior Secured Term Loans.

The determination to make the Term Loan Interest Payment and Term
Loan Amortization Payment reflects that the Board is seeking to
maintain flexibility as the Company continues to analyze its
situation and engage with various stakeholders.  There can be no
assurance of the outcome of this process, including whether or not
the Company may make a filing in the near term or later under the
U.S. Bankruptcy Code or analogous foreign bankruptcy or insolvency
laws.

                     About Mallinckrodt PLC

Mallinckrodt -- http://www.mallinckrodt.com/-- is a global
business consisting of multiple wholly-owned subsidiaries that
develop, manufacture, market and distribute specialty
pharmaceutical products and therapies.  The company's Specialty
Brands reportable segment's areas of focus include autoimmune and
rare diseases in specialty areas like neurology, rheumatology,
nephrology, pulmonology and ophthalmology; immunotherapy and
neonatal respiratory critical care therapies; analgesics; and
gastrointestinal products.  Its Specialty Generics reportable
segment includes specialty generic drugs and active pharmaceutical
ingredients.

On Oct. 12, 2020, Mallinckrodt plc and certain of its affiliates
sought Chapter 11 protection in Delaware (Bankr. D. Del. Lead Case
No. 20-12522) to seek approval of a restructuring that would reduce
total debt by $1.3 billion and resolve opioid-related claims
against them.

Mallinckrodt plc disclosed $9,584,626,122 in assets and
$8,647,811,427 in liabilities as of Sept. 25, 2020.

Judge John T. Dorsey oversees the cases.

The Debtors tapped Latham & Watkins, LLP and Richards, Layton &
Finger, P.A. as their bankruptcy counsel; Arthur Cox and Wachtell,
Lipton, Rosen & Katz as corporate and finance counsel; Ropes &
Gray, LLP as litigation counsel; Torys, LLP as CCAA counsel;
Guggenheim Securities, LLC as investment banker; and AlixPartners,
LLP as restructuring advisor.  Prime Clerk, LLC is the claims
agent.

The official committee of unsecured creditors retained Cooley, LLP,
as its legal counsel; Robinson & Cole, LLP as co-counsel; and
Dundon Advisers, LLC as financial advisor.

On Oct. 27, 2020, the U.S. Trustee for Region 3 appointed an
official committee of opioid-related claimants.  The OCC tapped
Akin Gump Strauss Hauer & Feld, LLP as its lead counsel; Cole
Schotz as Delaware co-counsel; Province, Inc. as financial advisor;
and Jefferies, LLC as investment banker.

                           *    *    *

Mallinckrodt plc on June 16, 2022, announced it has successfully
completed its reorganization process, emerged from Chapter 11 and
completed the Irish Examinership proceedings.  Implementing the
Plan and the Scheme strengthens the Company's balance sheet,
reduces its total debt by approximately $1.3 billion and enables it
to move forward with more than $250 million in cash and cash
equivalents on hand.  The Plan and Scheme include key legal
settlements that resolve opioid claims brought against the Company
and litigation matters involving Acthar Gel, among other claims,
and provides for significant equitization of the Company's
guaranteed unsecured notes.


MARIOTT INTERNATIONAL: Egan-Jones Retains BB+ Sr. Unsecured Ratings
-------------------------------------------------------------------
Egan-Jones Ratings Company on June 21, 2023, maintained its 'BB+'
foreign currency and local currency senior unsecured ratings on
debt issued by Marriott International, Inc.

Headquartered in Bethesda, Maryland, Marriott International, Inc.
of Maryland operates as a hotel.



MATREIYA TRANS: Plan Confirmation Deadline Extended to Sept. 25
---------------------------------------------------------------
Judge Jil Mazer-Marino has entered an order that the time to
confirm a Chapter 11 Small Business Plan and to obtain approval of
(JMM) a Chapter 11 Small Business Disclosure Statement of Matreiya
Trans, Corp. will be extended by 90 days through and including
Sept. 25, 2023.

The Debtor has already obtained several extensions to its Plan
confirmation deadline.

In seeking the latest extension, Debtor says it has been waiting
for the Taxi Medallion Relief Program to be finalized and
published, but afterwards it appeared that the Debtor did not meet
requirements to participate in the said program.  The Debtor needs
additional time to complete settlement negotiations with its main
creditor, DePalma Acquisition I LLC, and thereafter to file an
amended plan and disclosure statement.

                   About Panop Cab, et al.

Panop Cab, Corp., et al., are taxi mini fleet corporations located
at 1620 Caton Avenue, Brooklyn, New York 11226.

Panop Cab, Corp., based in Brooklyn, NY, and its debtor-affiliates
sought Chapter 11 protection (Bankr. E.D.N.Y. Lead Case No.
19-47710) on Dec. 26, 2019.

In their petitions, the Debtors estimated these assets and
liabilities:

                        Total Assets  Total Liabilities
                        ------------  -----------------
   Panop Cab, Corp.        $310,200         $1,135,000
   Matreiya Trans Corp.    $157,164           $330,000
   222 East Corp.          $314,700         $1,135,000
   Rainee Trans, Corp.     $312,752         $1,135,000
   MLS Managment Corp      $311,692         $1,135,000

The petitions were signed by Michael L. Simon, president.

The LAW OFFICES OF ALLA KACHAN, P.C. serves as bankruptcy counsel.


MATRIX PARENT: $380M Bank Debt Trades at 32% Discount
-----------------------------------------------------
Participations in a syndicated loan under which Matrix Parent Inc
is a borrower were trading in the secondary market around 67.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $380 million facility is a Term loan that is scheduled to
mature on March 1, 2029.  The amount is fully drawn and
outstanding.

Matrix Parent, Inc. does business as Mobileum. Matrix operates
across four main businesses ranked as following in descending order
by revenue contribution: Roaming and Network Services; Fraud,
Security and Business Assurance; Testing and Service Assurance; and
Engagement and Experience. Matrix pioneered the development of
mobile roaming steering software used broadly among telecom
operators



MATRIX PARENT: Moody's Cuts CFR to Caa1 & Alters Outlook to Neg.
----------------------------------------------------------------
Moody's Investors Service downgraded Matrix Parent, Inc.'s (dba
Mobileum) Corporate Family Rating to Caa1 from B3 and Probability
of Default Rating to Caa1-PD from B3-PD. Concurrently, Moody's
downgraded Mobileum's first lien senior secured bank credit
facilities to B3 from B2 and second lien term loan to Caa3 from
Caa2. Moody's changed the outlook to negative from stable.

The downgrade actions reflect the significant challenges Mobileum
faces in reducing its leverage and improving free cash flow.
Moody's expects Mobileum's operating performance will be weaker
than previously expected driven by the negative impact of employee
turnover, macroeconomic headwinds, and lengthening of the sales
cycle. While Mobileum will undertake cost saving measures to
improve profitability, the anticipated negative free cash flow
generation over the next 12 to 18 months will diminish the
company's liquidity profile and increase credit risks.

Downgrades:

Issuer: Matrix Parent, Inc.

Corporate Family Rating, Downgraded to Caa1 from B3

Probability of Default Rating, Downgraded to Caa1-PD from B3-PD

Senior Secured 1st Lien Bank Credit Facility, Downgraded to B3
  from B2

Senior Secured 2nd Lien Bank Credit Facility, Downgraded to Caa3
  from Caa2

Outlook Actions:

Issuer: Matrix Parent, Inc.

Outlook, Changed To Negative From Stable

RATINGS RATIONALE

The Caa1 CFR reflects Mobileum's very high debt/EBITDA leverage of
over 14x (Moody's adjusted, after expensing software development
costs and excluding unrealized cost saving benefits) or about 10x
if the proposed cost saving benefits are included as of the LTM
period ended March 31, 2023. Moody's expects leverage to remain
elevated at over 11x over the next 12 to 18 months due to organic
revenue declines in fiscal year 2023 compared to 2022, margin
pressures, and incremental borrowing on the company's revolving
credit facility. Mobileum's high leverage provides limited
flexibility for mishaps given the company's small size and slowing
economic conditions. However, Moody's expects Mobileum to undertake
significant cost saving actions in fiscal year 2023 which will
provide some benefits over the next 12 to 18 months. Any inability
by the company to improve its financial leverage, any additional
debt to fund liquidity needs, or any potential actions to pursue
changes to the debt could create uncertainty regarding the
long-term capital structure, which can result in further downward
ratings pressure.

The ratings are supported by Mobileum's broad geographic revenue
diversification and a customer base comprising of global telecom
operators, including almost all global Tier 1 telecom operators.
The critical nature of the company's embedded software and related
services contributes to customer stickiness and serves as an
effective barrier to exit. Moody's also expects Mobileum to benefit
from increased network complexities and incidents of cyber threats
which will provide favorable demand dynamics over the longer term.

The negative outlook reflects Mobileum's challenges in reversing
revenue declines and achieving EBITDA margin expansion while
navigating through recessionary pressures, executional
uncertainties with respect to cost savings initiatives, and
weakening liquidity given free cash flow deficits that Moody's
anticipates will extend over the next 12-18 months.  The large size
of Mobileum's cost saving initiatives could result in material
execution risks and volatile operating performance in the near
term. The outlook could be stabilized if Mobileum completes its
cost savings initiatives without operational missteps, demonstrates
a path towards revenue growth, and achieves improved
profitability.

Moody's views Mobileum's liquidity as weak driven by the
expectation of negative free cash flow generation of approximately
$20 million over the next 12 to 18 months which will reduce the
company's current $25 million cash on the balance sheet (as of
March 31, 2022). Moody's anticipates that the company may need to
utilize its $55 million revolving credit facility ($13 million
drawn as of March 31, 2023) to fund cash flow deficits which will
not only result in incremental interest costs but also increase
financial leverage. While Moody's expects available liquidity to be
sufficient to finance the free cash flow deficits, capex
requirements, and the 1% annual first-lien term loan amortization
rate, an eroding liquidity profile could lead to further rating
downgrades.

Mobileum has no meaningful debt maturities until the revolving
credit facility expires in March 2027. The revolving credit
facility contains a springing first lien net leverage covenant that
is triggered when drawings exceed 35% of the amount of the revolver
size. Moody's expects the covenant to be triggered over the next 12
months, but Mobileum will likely be in compliance due to an
adequate cushion and highly adjusted credit agreement EBITDA
calculation, including the ability to add-back projected cost
savings. The company's capital structure includes second lien debt
that is not included in the covenant calculation. The term loans
have no financial maintenance covenants.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if Mobileum experiences consistent
organic revenue and EBITDA growth such that debt/EBITDA (Moody's
adjusted) is expected to be sustained below 8x and free cash flow
to debt is sustained around 2.5%. The ratings could be downgraded
if Mobileum experiences a prolonged period of negative free cash
flow such that liquidity weakens further with less than $25 million
of total liquidity available.  In addition, ratings pressure could
arise if it appears that the company's capital structure will
become unsustainable, or organic growth continues to remain
constrained.

Mobileum's ESG credit impact score is CIS-4, primarily driven by
governance risks. Governance risks arise from high leverage levels,
controlled ownership and associated higher financial risk
tolerance, and high management turnover. Moderately negative social
risks stem from potential cybersecurity breaches and access to
skilled talent.

The principal methodology used in these ratings was Software
published in June 2022.

Headquartered in Cupertino, CA, Matrix Parent, Inc. is the leading
provider of integrated analytic solutions for roaming and network
services, security, risk management, and testing and monitoring
solutions for the telecommunications industry.


MAVENIR SYSTEMS: $145M Bank Debt Trades at 29% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Mavenir Systems Inc
is a borrower were trading in the secondary market around 71.5
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $145 million facility is a Term loan that is scheduled to
mature on August 18, 2028.  About $144.1 million of the loan is
withdrawn and outstanding.

Mavenir Systems, Inc. provides software-based networking solutions.
The Company offers internet protocol based voice, videos,
communication, and messaging services, as well as multimedia
subsystem, evolved packet core, and session border controller.



MAVENIR SYSTEMS: $585M Bank Debt Trades at 28% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Mavenir Systems Inc
is a borrower were trading in the secondary market around 72.4
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $585 million facility is a Term loan that is scheduled to
mature on August 18, 2028.  About $574.8 million of the loan is
withdrawn and outstanding.

Mavenir Systems, Inc. provides software-based networking solutions.
The Company offers internet protocol based voice, videos,
communication, and messaging services, as well as multimedia
subsystem, evolved packet core, and session border controller.



MBIA INC: Egan-Jones Retains CCC- Senior Unsecured Ratings
----------------------------------------------------------
Egan-Jones Ratings Company on June 23, 2023, maintained its 'CCC-'
foreign currency and local currency senior unsecured ratings on
debt issued by MBIA Inc. EJR also withdrew its 'C' rating on
commercial paper issued by the Company.

Headquartered in Purchase, Harrison, New York, MBIA Inc. provides
financial guarantee insurance and other forms of credit
protection.



MEHLING ORTHOPEDICS: Joseph Tomaino Submits First PCO Report
------------------------------------------------------------
Joseph Tomaino, the court-appointed patient care ombudsman, filed
with the U.S. Bankruptcy Court for the District of New Jersey his
first report regarding the health care facility operated by Mehling
Orthopedics, LLC.

The PCO met with Mehling Orthopedics' chief executive officer and
the financial controller during the office visit. The CEO related
that the practice primarily provides trauma-related orthopedic
surgery in hospital, and that the office is used for post-discharge
follow-up care. The controller also reported no concerns.

The facilities were inspected and found to be clean and well
equipped. There were staff at the front desk and they reported no
concerns with getting supplies or being paid related to the
bankruptcy. Medical records are maintained electronically using
Chartmaker software.

Moreover, there is transparent and cooperative reporting and there
are no observable staffing, supply, medical records or quality of
care issues, according to the report, which covers the period March
13 to June 22, 2023. The PCO received no patient or employee
complaints during this reporting period.

A copy of the ombudsman report is available for free at
https://urlcurt.com/u?l=2kRXsO from PacerMonitor.com.

The ombudsman may be reached at:

     Joseph J. Tomaino
     Chief Executive Officer
     Grassi Healthcare Advisors LLC
     50 Jericho Quadrangle, 2nd floor
     Jericho, NY 11753
     Telephone: (212) 223-5020
     Email: jtomaino@grassihealthcareadvisors.com

                    About Mehling Orthopedics

Mehling Orthopedics, LLC is a health care business in Hackensack,
N.J. It operates an orthopedic trauma practice dedicated to
creating individualized treatment plans for traumatic injuries and
disabilities, including orthopedic trauma and sports-related
injuries.

Mehling Orthopedics sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. N.J. Case No. 23-11121) on Feb. 10,
2023, with up to $50,000 in both assets and liabilities. Judge John
K. Sherwood oversees the case.

Melinda D. Middlebrooks, Esq., at Middlebrooks Shapiro, P.C.,
represents the Debtor as legal counsel.

Joseph J. Tomaino of Grassi Healthcare Advisors, LLC is the patient
care ombudsman appointed in the Debtor's Chapter 11 case.


MONITRONICS INTL: Chapter 11 Plan to Cut $734 Million Debt Okayed
-----------------------------------------------------------------
Home security company Monitronics International Inc. received court
approval for a debt-restructuring plan that will slash more than
60% of the company's secured debt while providing financing to help
ensure the company's future success.

On June 26, 2023, the U.S. Bankruptcy Court for the Southern
District of Texas entered the Order Approving Debtors' Disclosure
Statement and Confirming Debtors' Joint Partial Prepackaged Plan of
Reorganization.  Among other things, the Confirmation Order
confirmed the Joint Partial Prepackaged Plan of Reorganization
dated May 9, 2023 as satisfying the requirements of the Bankruptcy
Code, thereby authorizing Monitronics International, Inc. and its
debtor affiliates to implement the Plan on the Effective Date.

On June 30, 2023, the Effective Date under the Plan occurred.

                  About Monitronics International

Monitronics International, Inc. provides residential and commercial
customers with monitored home and business security systems, as
well as interactive and home automation services.

Monitronics International and its affiliates filed voluntary
petitions for relief under Chapter 11 of the Bankruptcy Code
(Bankr. S.D. Texas Lead Case No. 23-90332) on May 15, 2023. In the
petitions signed by its chief executive officer, William E. Niles,
Monitronics International disclosed $1 billion to $10 billion in
both assets and liabilities.

Judge Christopher M. Lopez oversees the cases.

The Debtors tapped Hunton Andrews Kurth, LLP and Latham & Watkins,
LLP as legal counsels; Alvarez & Marsal North America, LLC as
financial advisor; PJT Partners, LP as investment banker; and KPMG,
LLP as tax consultant. Kroll Restructuring Administration, LLC is
the claims, noticing, and solicitation agent.


MURPHY CREEK: Unsecureds to be Paid From Proceeds of Sale
---------------------------------------------------------
Murphy Creek Estates, LLC, submitted on June 23, 2023, a Disclosure
Statement in connection with its Plan of Reorganization filed on
May 19, 2023.

The Debtor owns the real property located in Arapahoe County, which
includes the parcels defined as Waterstone Filing No. 2 and
Waterstone Filing No. 4.

The Plan provides for sale of the Property under the Purchase and
Sale Agreement executed by and between Murphy Creek Estate, LLC as
Seller and Lennar Colorado, LLC as "Buyer" as may be subsequently
amended.

The payments under the Plan will be funded through the proceeds of
sale of the Property.  The Debtor believes that its net proceeds of
the sale will be sufficient to make payments under the Plan.

Under the Plan, Class 3 Allowed Impaired Claims of Unsecured
Creditors of the Debtor, including Allowed Impaired Claims of any
taxing authority for penalties not related to actual pecuniary loss
will be paid from the proceeds of closing of the Purchase and Sale
Agreement after satisfaction of Allowed Class 1A, 2A and 2B Secured
Creditors and Allowed Administrative Expense Claims.

Counsel for the Debtor:

     Bonnie Bell Bond, Esq.
     LAW OFFICE OF BONNIE BELL BOND, LLC
     8400 E. Prentice Avenue, Suite 1040
     Greenwood Village, CO 80111
     Tel: 303-770-0926
     Fax: 303-770-0965
     E-mail: bonnie@bellbondlaw.com

A copy of the Disclosure Statement dated June 23, 2023, is
available at https://tinyurl.ph/ZpoHR from PacerMonitor.com.

                    About Murphy Creek Estates

Murphy Creek Estates, LLC, a company in Greenwood Village, Colo.,
sought protection under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. D. Colo. Case No. 22-13594) on Sept. 19, 2022, with up to
$10 million in both assets and liabilities. Judge Kimberley H.
Tyson oversees the case.

The Debtor tapped Bonnie Bell Bond, Esq., at the Law Office of
Bonnie Bell Bond as bankruptcy counsel and Montgomery Little &
Soran, P.C. as special counsel.


MURPHY OIL: Egan-Jones Retains BB+ Senior Unsecured Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company on June 21, 2023, maintained its 'BB+'
foreign currency and local currency senior unsecured ratings on
debt issued by Murphy Oil Corporation.

Headquartered in El Dorado, Arkansas, Murphy Oil Corporation is an
independent exploration and production company that conducts its
business through various operating subsidiaries.



NATURALSHRIMP INC: Incurs $16 Million Net Loss in FY Ended March 31
-------------------------------------------------------------------
NaturalShrimp Incorporated filed with the Securities and Exchange
Commission its Annual Report on Form 10-K disclosing a net loss of
$16 million on $37,832 of net revenue for the year ended March 31,
2023, compared to a net loss of $86.30 million on $33,765 of net
revenue for the year ended March 31, 2022.

As of March 31, 2023, the Company had $32.58 million in total
assets, $32.66 million in total liabilities, $2 million in series E
redeemable convertible preferred stock, $43.61 million in series F
redeemable convertible preferred stock, and a total stockholders'
deficit of $45.69 million.

Dallas, Texas-based Turner, Stone & Company, L.L.P., the Company's
auditor since 2015, issued a "going concern" qualification in its
report dated June 26, 2023, citing that the Company has suffered
recurring losses from inception and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.

A full-text copy of the Form 10-K is available for free at:

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001465470/000149315223022546/form10-k.htm

                         About NaturalShrimp

NaturalShrimp, Inc. is a publicly traded aqua-tech Company,
headquartered in Dallas, with production facilities located near
San Antonio, Texas.  The Company has developed a commercially
viable system for growing shrimp in enclosed, salt-water systems,
using patented technology to produce fresh, never frozen, naturally
grown shrimp, without the use of antibiotics or toxic chemicals.
NaturalShrimp systems can be located anywhere in the world to
produce gourmet-grade Pacific white shrimp.


NAUTILUS POWER: $486M Bank Debt Trades at 25% Discount
------------------------------------------------------
Participations in a syndicated loan under which Nautilus Power LLC
is a borrower were trading in the secondary market around 75.4
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $486 million facility is a Term loan that is scheduled to
mature on November 16, 2026.  About $484.8 million of the loan is
withdrawn and outstanding.

Nautilus Power, LLC provides utility services. The Company
generates, transmits, and distributes electric energy.



NEYOWS OF ATLANTA: John Whaley Named Subchapter V Trustee
---------------------------------------------------------
The U.S. Trustee for Region 21 appointed John Whaley, a practicing
accountant in Atlanta, Ga., as Subchapter V trustee for Neyows of
Atlanta, LLC.

Mr. Whaley will be paid an hourly fee of $395 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Mr. Whaley declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     John T. Whaley, CPA
     P.O. Box 76362
     Atlanta, GA 30358
     Phone: 404-946-5272
     Email: trustee@jtwcpa.net

                      About Neyows of Atlanta

Neyows of Atlanta, LLC filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. N.D. Ga. Case No.
23-40906) on June 22, 2023, with $100,001 to $500,000 in both
assets and liabilities. Judge Barbara Ellis-Monro oversees the
case.

The Debtor is represented by William A. Rountree, Esq., at Rountree
Leitman Klein & Geer, LLC.


NIR LLC: Seeks Chapter 11 Bankruptcy Protection
-----------------------------------------------
NIR LLC filed for chapter 11 protection in the District of
Massachusetts.  

According to court filings, NIR LLC estimates between $1 million
and $10 million in debt owed to 1 to 49 creditors.  The petition
states that funds will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
June 15, 2023 at 10:00 a.m. in Room Telephonically on telephone
conference line: (877) 369-9123 (participant passcode: 8635039#).

                          About NIR LLC

NIR LLC was founded in 2002. The company's line of business
includes the practice of general or specialized medicine and
surgery for various licensed practitioners.

NIR LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code
(Bankr.D. Mass. Case No. 23-10906) on June 8, 2023. In the petition
filed by Cecilia Vien, as manager, the Debtor reports estimated
assets and liabilities between $1 million and $10 million each.

Honorable Bankruptcy Judge Janet E. Bostwick oversees the case.

The Debtor is represented by:

     Gary W. Cruickshank, Esq.
     Law Office of Gary W. Cruickshank
     74 Roseclair Street
     Apt. 1
     Boston, MA 02125
     Tel: 917-330-1960
     Email: gwc@cruickshank-law.com



NMG HOLDING: S&P Alters Outlook to Stable, Affirms 'B-' ICR
-----------------------------------------------------------
S&P Global Ratings revised its outlook on luxury department store
NMG Holding Co. Inc. (Neiman Marcus) to stable from positive and
affirmed all its ratings, including its 'B-' issuer credit rating
on the company.

The stable outlook reflects S&P's expectation that performance will
remain pressured with modest margin compression, resulting in S&P
Global Ratings-adjusted debt to EBITDA above 7x.

The outlook revision reflects the weaker-than-expected credit
metrics in 2023 amid a challenging operating environment. The
current weakening of consumer demand for discretionary products,
retailer inventory realignment, and inflationary headwinds continue
to pressure Neiman's performance. Neiman reported a net sales
decline of 9.4% in the third quarter ended April 29, 2023, relative
to the comparable period in 2022. Both comparable sales from store
and online operations experienced a decline, specifically down 5%
and 17%, respectively, primarily due to softening demand.

S&P said, "While we recognize the supply chain and post-pandemic
demand right-sizing challenges across department stores and other
retailers, this performance was still materially below our
expectations, with S&P Global Ratings-adjusted EBITDA margins
declining more than 300 basis points in the third quarter. This
caused adjusted leverage for the last 12-month period to spike to
7.4x compared with our previous expectation for leverage of about
5x in 2023. We believe the company remains vulnerable to weakening
macroeconomic conditions and the challenges it faces in the narrow
luxury department store sector. We anticipate the operating
environment will also remain difficult as department stores face
increased competition from online retailers and luxury consumer
brands."

S&P Global Ratings-adjusted EBITDA margins will remain pressured in
the near term. Neiman has experienced a decline in product margins
due to increased markdowns and promotional costs stemming from the
highly competitive promotional environment, as well as measures
undertaken to clear excess inventory. S&P said, "We expect
continued margin pressure in the fourth quarter before abating in
2024. Neiman has also taken liquidation measures to optimize
capacity and expedite the clearance of excess inventory as part of
its supply chain transformation initiatives, which we believe will
continue into the fourth quarter (which ends July 31, 2023). We
believe these actions to right-size its inventory should put Neiman
in a better position in 2024, and we forecast margins improving at
least 150 bps."

S&P said, "We anticipate leverage to be above 7x in 2023 before
declining over the next 12 months because improved margins should
partly offset the soft topline. Given the recent softer sales and
the challenging year-over-year comparisons, which were bolstered by
strong consumer spending, we anticipate around a 3% decline in
revenue for 2023. We believe profitability will somewhat rebound in
2024 because of cost-saving initiatives, supply chain
transformation efforts, and reduced clearance activity.

"Weaker operating performance combined with slightly higher capital
expenditures led to negative generation of free operating cash
flows (FOCF) of about $290 million during the nine months of fiscal
2023. We forecast negative FOCF in 2023 and believe improvement in
2024 is largely dependent on inventory reduction. In the third
quarter, inventories were up 23% compared with 39% in the second
quarter. We believe there will be continued deceleration in
inventory levels, which should support improvements in FOCF.

"We continue to view the company's liquidity position as adequate.
As of April 29, 2023, the company had $95 million of cash on hand
and about $880 million of availability under its asset-based
lending (ABL) facility. We do not foresee any immediate liquidity
issues given the company's lack of near-term maturities and
sufficient covenant headroom. However, we do note that Neiman's ABL
matures in September 2024, and liquidity could become constrained
if the company does not refinance or extend it by September 2023.
The $1.1 billion in senior secured notes mature in April 2026.

"The stable outlook reflects our expectation that performance will
remain pressured with modest margin compression, resulting in S&P
Global Ratings-adjusted debt to EBITDA above 7x."

S&P could lower its rating if:

-- Neiman were unable to stabilize performance through the
successful execution of operating initiatives, including restoring
profitability to historical levels and returning to positive FOCF
generation; and

-- Liquidity became constrained and the company is unable to
refinance or extend its ABL in a timely manner.

S&P could raise the rating if:

-- S&P anticipated Neiman would maintain sales growth and EBITDA
margin improvement, demonstrating that it can effectively compete
in an evolving retail environment. Under this scenario, S&P would
expect leverage to be sustained in the low-5x area with at least
$50 million of annual FOCF generation.

S&P believed the company had a financial policy that supported
leverage maintained at this level.

ESG credit indicators: E-2, S-2, G-2



ONE CALL: $700M Bank Debt Trades at 28% Discount
------------------------------------------------
Participations in a syndicated loan under which One Call Corp is a
borrower were trading in the secondary market around 72.5
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $700 million facility is a Term loan that is scheduled to
mature on April 22, 2027.  The amount is fully drawn and
outstanding.

One Call Corporation operates in providing health care services.



ONORATI CONSTRUCTION: Nicole Nigrelli Named Subchapter V Trustee
----------------------------------------------------------------
The U.S. Trustee for Regions 3 and 9 appointed Nicole Nigrelli,
Esq., at Ciardi, Ciardi & Astin as Subchapter V trustee for Onorati
Construction Co., Inc.

Ms. Nigrelli will be paid an hourly fee of $400 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

Ms. Nigrelli declared that she is a disinterested person according
to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Nicole M. Nigrelli, Esq.
     Ciardi, Ciardi & Astin
     1905 Spruce Street
     Philadelphia, PA 19103
     Phone: (215) 557-3550 ext. 115
     Email: nnigrelli@ciardilaw.com

                    About Onorati Construction

Onorati Construction Co., Inc. specializes in paving construction
of commercial and residential properties. It is based in Boonton,
N.J.

Onorati filed Chapter 11 petition (Bankr. D.N.J. Case No. 23-15349)
on June 21, 2023, with $2,088,273 in assets and $4,542,351 in
liabilities. Paul S. Onorati, president, signed the petition.

Anthony Sodono, III, Esq., at McManimon, Scotland & Baumann, LLC is
the Debtor's counsel.


OUTPUT SERVICES: $180M Bank Debt Trades at 72% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Output Services
Group Inc is a borrower were trading in the secondary market around
28.1 cents-on-the-dollar during the week ended Friday, June 30,
2023, according to Bloomberg's Evaluated Pricing service data.

The $180.3 million facility is a Term loan that is scheduled to
mature on June 27, 2026.  The amount is fully drawn and
outstanding.

Output Services Group, Inc. offers printing services.



P&P CONSTRUCTION: Unsecureds to Get Up To 100% in Plan
------------------------------------------------------
P&P Construction Group, LLC, et al., submitted a Chapter 11 Plan of
Reorganization and a Disclosure Statement on June 23, 2023.

The Plan constitutes a chapter 11 plan of reorganization for the
Debtors, and provides for all Creditors to be paid from the revenue
generated by the Debtors' business from and after the Effective
Date and from the proceeds of an Exit Facility.  The Exit Facility
shall be secured by Liens on substantially all assets of the
Reorganized Debtors; provided, however, that such Liens shall be
junior in priority to the Liens securing repayment of Allowed Class
2 Claims, and if applicable, Allowed Class 3 Claims under the
Plan.

Under the Plan, Class 9 consists of all General Unsecured Claims,
including any unsecured deficiency Claim of any Holder of a Secured
Claim and any Claim arising from the Boswell Note, the Seapine
Note, and any claims arising from rejection of an Executory
Contract. Each Holder of an Allowed Class 9 Claim will be paid the
lesser of (i) the Allowed Amount of such Claim and (ii) its ratable
share of the GUC Distribution Amount. Allowed Class 9 Claims are
projected to be paid in full under the Plan without interest, but
in no event shall Holders of such Claims be entitled to receive
more than the Allowed Amount of such Claims under the Plan.
Creditors will recover up to 100% of their claims. Class 9 is
impaired.

All consideration necessary for the payment or tender of
Distributions under the Plan will be derived from (i) Cash on hand
on the Effective Date, (ii) net income generated by the Reorganized
Debtors from operations, (iii) the Exit Facility, and (iv) Cash
Proceeds received from the New Value Contribution.

                         Status Report

According to a status report filed by the Debtor on June 28, 2023,
the Debtor's Plan and Disclosure Statement speak for themselves and
will be the subject of further proceedings under Secs. 1125 and
1129.  Broadly speaking, however, the plan builds upon two existing
analyses that strongly suggest that the Debtors are worth more as a
going concern than in liquidation: (i) the Debtors'
previously-shared forecast of net contract proceeds to be generated
on the remaining active jobs and (ii) the Prepetition Lender’s
equipment appraisal.

The Plan proposes to pay the Prepetition Lender in full in 30
months while recognizing the trust fund rights of certain creditors
in project revenues (including the rights of Sureties to the extent
arising by equitable subrogation) that put them ahead of other
general unsecured creditors -- but only as to the revenues
generated on the corresponding project.  The Plan proposes to
accomplish this by creating a waterfall in which contract
collections that are trust funds under Texas Trust Act will go
first to pay for the operating expenses necessary to complete those
projects.  Remaining contract collections, combined with the value
of the equipment and other sources of revenue, are then projected
to be sufficient to fully repay
prepetition vendor and surety claims and the Prepetition Lender's
secured claims -- all within the next two to two-and-a-half years
-- and return a substantial recovery (up to repayment in full) to
general unsecured creditors.

Importantly, the feasibility of the proposed plan is not contingent
upon Garver's ability to bid on future projects, but proposes to
repay creditors from the value embedded in its existing assets and
workstreams.

Attorneys for the Debtors:

     Michael P. Cooley, Esq.
     Taylre Janak, Esq.
     Devan J. Dal Col, Esq.
     REED SMITH LLP
     2850 N. Harwood Street, Suite 1500
     Dallas, TX 75201
     E-mail: mpcooley@reedsmith.com
             tjanak@reedsmith.com
             ddalcol@reedsmith.com

A copy of the Disclosure Statement dated June 23, 2023, is
available at https://tinyurl.ph/UtyWE from PacerMonitor.com.

                About P&P Construction Group

P&P Construction Group, LLC, sought protection under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 23-90292) on
April 12, 2023. In the petition signed by Jeffrey Anapolsky, its
chief executive officer, the Debtor disclosed up to $10 million in
assets and up to $50 million in liabilities.

Judge Christopher Lopez oversees the case.

Michael P. Cooley, Esq., at Reed Smith, LLP, is the Debtor's legal
counsel.


PACKERS HOLDINGS: $1.24B Bank Debt Trades at 30% Discount
---------------------------------------------------------
Participations in a syndicated loan under which Packers Holdings
LLC is a borrower were trading in the secondary market around 70
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $1.24 billion facility is a Term loan that is scheduled to
mature on March 9, 2028.  The amount is fully drawn and
outstanding.

Packers Holdings, LLC, known as "PSSI", founded in 1972 and
headquartered in Kieler, Wisconsin, is a provider of contract
sanitation services to the food processing industry in the U.S. and
Canada.



PATAGONIA HOLDCO: $1.30B Bank Debt Trades at 17% Discount
---------------------------------------------------------
Participations in a syndicated loan under which Patagonia Holdco
LLC is a borrower were trading in the secondary market around 83.2
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $1.30 billion facility is a Term loan that is scheduled to
mature on August 1, 2029.  The amount is fully drawn and
outstanding.

Patagonia Holdco LLC is a holding company fully owned and
established by Stonepeak Partners LP, a private equity firm
specializing in infrastructure and real estate investments, to hold
the Latin American assets acquired from Lumen Technologies, Inc.



PECF USS INTERMEDIATE: $2B Bank Debt Trades at 18% Discount
-----------------------------------------------------------
Participations in a syndicated loan under which PECF USS
Intermediate Holding III Corp is a borrower were trading in the
secondary market around 82.1 cents-on-the-dollar during the week
ended Friday, June 30, 2023, according to Bloomberg's Evaluated
Pricing service data.

The $2 billion facility is a Term loan that is scheduled to mature
on December 15, 2028.  About $1.97 billion of the loan is withdrawn
and outstanding.

PECF USS Intermediate Holding III Corporation is the issuing entity
for a debt extended to United Site Services Inc., a provider of
portable sanitation and related site services.



PEER STREET: Seeks Cash Collateral Access
-----------------------------------------
Peer Street, Inc. and affiliates ask the U.S. Bankruptcy Court for
the District of Delaware for authority to use cash collateral and
provide adequate protection.

The Debtors require the use of cash collateral to fund expenses in
accordance with the budget.

PSI is party to a Credit Agreement dated October 12, 2021, by and
among PSI, as borrower and the other Prepetition Borrowers as
guarantors, on the one hand, and Magnetar Financial LLC as the
Paying Agent, and certain of Magnetar's affiliates and managed
funds party thereto, as lenders, on the other. The Prepetition
Credit Agreement provides for convertible secured term loans in an
aggregate principal amount not to exceed $30 million. The loans
provided under the Prepetition Credit Agreement are secured by a
lien on substantially all of the Prepetition Borrowers' assets.

As of the Petition Date, the Prepetition Borrowers were indebted to
the Prepetition Secured Parties under the Prepetition Financing
Documents, for an aggregate amount of $27.239 million.  The loan
includes secured PIK interest at a rate of 6%.

The entities with an interest in the cash collateral are Magnetar
Structuring Credit Fund, L.P., Magnetar Longhorn Fund, LP, Purpose
Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund -
T LLC and Magnetar Lake Credit Fund, LLC, and Magnetar Financial
LLC, as agent.

As adequate protection, the Prepetition Secured Parties and their
Agent will be granted additional and replacement valid, binding,
enforceable, non-avoidable, and perfected postpetition security
interests and liens upon any and all repaid Servicing Advances.

The Prepetition Secured Parties and the Agent, for the benefit of
the Prepetition Secured Parties, will each be granted an allowed
administrative expense claim with super-priority over all other
administrative expenses and all other claims against the
Prepetition Borrowers or their estates or any kind or nature
whatsoever, but in all cases subject and subordinate to the
Carve-Out and the Permitted Prior Liens.

A copy of the motion is available at https://urlcurt.com/u?l=V7ZjKr
from PacerMonitor.com.

                      About Peer Street, Inc.

Peer Street, Inc. is a technology platform that democratizes access
to real estate debt investments.  The company's unique
technology-driven marketplace enables investors to diversify their
capital in a fixed-income asset class that had previously been
difficult for individuals to access.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 23-10815) on June 26,
2023. In the petition signed by Brewster Johnson, president, the
Debtor disclosed up to $100 million in both assets and
liabilities.

The Debtors tapped Joseph Barry, Esq., at Young Conaway Stargatt
and Taylor, LLP represents the Debtor as legal counsel, Kramer
Levin Naftalis and Frankel LLP as co-bankruptcy counsel, Stretto,
Inc. as claims and noticing agent, and Piper Sandler is broker.



PHOTO HOLDINGS: S&P Upgrades ICR to 'CCC+', Outlook Negative
------------------------------------------------------------
S&P Global Ratings raised its issuer credit rating on Photo
Holdings LLC (doing business as Shutterfly) to 'CCC+' from 'SD'
(selective default).

S&P said, "At the same time, we assigned a 'B' issue-level rating
to the company's new first-lien debt and assigned a 'CCC+'
issue-level rating to the company's new second-lien debt and
withdrew our ratings on the stub debt that resulted from
non-participating lenders.

"The negative outlook reflects our expectation that free cash flow
will remain negative in 2023 and leverage will remain elevated well
above 10x.

"Shutterfly has sufficient liquidity to support operations over the
next 12 months. As a result of the debt exchange transaction, the
company has roughly $190 million of liquidity, including an
estimated $55 million of cash on hand and $141 million of
availability on the company's revolving credit facility (which was
repaid with new money). We expect the company will need to utilize
$70 million-$80 million of this availability before the fourth
quarter of 2023. Due to the seasonality of the company's business,
the first three quarters of the year typically result in
substantial cash outflows before recoupment in the fourth quarter.
We expect the company's current liquidity position and cash
generated in the fourth quarter will be sufficient to support
operational needs for the business through the first half of 2024.

Shutterfly's new PIK debt will strengthen cash flow generation but
make it difficult for the company to reduce leverage. Under the
company's new capital structure, 50% of the interest on its
second-lien debt totaling about $1.65 billion and 100% of the
interest on its unsecured debt totaling $350 million will be PIK.
This will reduce the amount of cash interest paid by about $100
million annually. As a result, the company will be able to reduce
its free operating cash flow (FOCF) deficit substantially in 2023
and generate positive FOCF in 2024. However, given the material
increase in the company's debt balance resulting from the PIK
interest, S&P does not expect Shutterfly to reduce leverage to a
more sustainable level in the near term.

The company's product offerings are more discretionary in nature
and could be significantly impaired by an economic downturn.
Shutterfly offers personalized, picture-related products including
home decor, prints, and fabrics. As consumers' discretionary income
tightens, consumer spending on nonessentials will drop. S&P said,
"The company's business, especially the consumer segment which
comprises over 60% of total revenue, falls into this discretionary
bucket. In addition, the company's Lifetouch segment has been
slower to return to pre-COVID-19 levels, and we do not expect this
segment to be back to full capacity from an EBITDA perspective
until at least 2025. Further, we do not expect this segment to
return to pre-COVID-19 levels of revenue because less profitable
accounts have been permanently culled, resulting in a higher level
of revenue concentration in the consumer segment."

The negative outlook reflects S&P's expectation that free cash flow
will remain negative in 2023 and leverage will remain elevated well
above 10x.

S&P could lower the rating if it believes the company will face a
default scenario within the next 12 months. This could occur if:

-- The company's cash burn is worse than our current expectations,
and we expect a liquidity shortfall;

-- S&P expects Shutterfly will not be able to meet covenant
requirements, resulting in a breach; or

-- The company pursues a subpar debt exchange that S&P views as a
selective default.

S&P could revise its outlook to stable if:

-- Shutterfly generates sufficient cash flow in the fourth quarter
of 2023 such that we continue to expect the company will maintain
sufficient liquidity to cover operational needs through 2024; and

-- The company is able to achieve positive organic revenue
growth.

ESG credit indicators: E-2, S-3, G-3

S&P said, "Social factors are a moderately negative consideration
in our credit rating analysis of Shutterfly. The company faced
significant health and safety challenges stemming from the COVID-19
pandemic, which significantly decreased picture day activity,
revenue, and cash flows for its Lifetouch business. We estimate
this business will likely contribute about one-third of the
company's EBITDA once it fully recovers. As the company recovers
from the pandemic, we expect our view of the social risk stemming
from health and safety factors to subside.

"Governance is a moderately negative consideration, as is the case
for most rated entities owned by private-equity sponsors. We
believe the company's highly leveraged financial risk profile
points to corporate decision-making that prioritizes the interests
of the controlling owners. This also reflects the generally finite
holding periods and a focus on maximizing shareholder returns."



PLASTIQ INC: Court OKs $7.1MM DIP Loan from Blue Torch
------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware authorized
Plastiq Inc. to use cash collateral and obtain postpetition
financing, on a final basis.

The Debtors obtained postpetition financing pursuant to the DIP
Facility by and among the Borrower, the Guarantors, Blue Torch
Finance, LLC, as administrative agent and collateral agent, and the
lenders party thereto from time to time, which will be available as
term loans to the Borrowers in an aggregate principal amount of up
to $7.1 million in term loan commitments upon entry of the Final
Order and satisfaction of the other conditions set forth therein,
of which $1 million was made available upon entry of the Interim
Order, and the remainder of the DIP Facility available upon entry
of the Final Order.

The DIP Facility matures through the earliest to occur of (i)
September 21, 2023, or if such date is not a Business Day the
immediately following Business Day, (ii) June 29, 2023, if the
Final Order has not been entered by the Bankruptcy Court on or
prior to such date, or if such date is not a Business Day the
immediately following Business Day, (iii) the consummation of a
sale of all or substantially of the Debtors' assets pursuant to the
Sale Motion or otherwise; (iv) the substantial consummation of a
plan of reorganization filed in the Chapter 11 Cases that is
confirmed pursuant to an order of the Bankruptcy Court, or (v) the
date on which the Term Loans are accelerated.

The Debtors are required to comply with these milestones:

     (i) No later than 3 Business Days after the Petition Date, the
Interim Order approving the DIP Facility and the adequate
protection of the Prepetition Liens will be entered by the
Bankruptcy Court;

     (ii) No later than 3 Business Days following the Petition
Date, the Debtors will file the Sale Motion, which motion will be
in form and substance acceptable to the DIP Agent;

    (iii) No later than 35 days after the Petition Date, the Final
Order approving the DIP Facility and the adequate protection of the
Prepetition Liens will be entered by the Bankruptcy Court;

    (iv) No later than 35 days after the Petition Date the
Bankruptcy Court will have entered an order approving bid and
auction procedures, in form and substance reasonably acceptable to
the DIP Secured Parties, which procedures will establish a bid
deadline of not later than 60 days following the Petition Date;

      (v) No later than 70 days after the Petition Date the
Bankruptcy Court will have entered one or more orders authorizing
and approving the sale of all or substantially all of the Debtors'
assets pursuant to one or a series of related or unrelated
transactions; and

     (vi) No later than 75 days after the Petition Date the
approved sale(s) of all or  substantially all of the Debtors'
assets will have been consummated.

Plastiq Inc., as borrower, and certain of its affiliates designated
therein as "Guarantors", each Lender from time to time party
thereto, and Blue Torch, as administrative agent and collateral
agent are parties to the Financing Agreement, dated as of November
14, 2022. Pursuant to the Prepetition Term Loan Agreement, the
Prepetition Lenders made term loans in the aggregate principal
amount of $40 million, of which amount $5 million was funded into
an escrow that would only be made available to the Prepetition
Obligors subject to the satisfaction of certain conditions
precedent (which did not occur). As of the Petition Date,
approximately $43.4 million of indebtedness under the Prepetition
Term Loan Agreement was outstanding.

As adequate protection, the Prepetition Secured Parties are granted
valid and perfected postpetition replacement security interests in
and liens upon the DIP Collateral.

To the extent of any Diminution in Value, the Prepetition Secured
Parties are granted on a final basis, allowed superpriority
administrative expense claims, which will be allowed claims against
each of the Debtors (jointly and severally), with priority over any
and all administrative expenses and all other claims against the
Debtors.

A copy of the order is available at https://urlcurt.com/u?l=2rr09N
from Kurtzman Carson Consultants, LLC, the claims agent.

                      About Plastiq Inc.

Founded in 2012, Plastiq Inc. is a B2B payments company for SMBs.
It has helped tens of thousands of businesses improve cash flow
with instant access to working capital while automating and
enabling control over all aspects of accounts payable and
receivable. Plastiq provides growing finance teams with technology
and know-how once reserved for only large enterprises.

The flagship product, Plastiq Pay, pioneered a way for businesses
to pay suppliers by credit card regardless of acceptance as an
alternative to expensive, scarce bank loan options. Plastiq Accept
offers an alternative to expensive merchant services, enabling
businesses to accept credit cards with no merchant fees and get
paid across any customer touch point, including a website, invoice,
checkout process, and in person via QR code.

Plastiq Inc. and affiliates sought relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Lead Case No. 23-10671) on May 24,
2023.  In the petition filed by its chief restructuring officer,
Vladimir Kasparov, Plastiq Inc. reported $50 million to $100
million in both assets and liabilities.

Judge Brendan Linehan Shannon oversees the cases.

The Debtors tapped Young, Conaway, Stargatt & Taylor, LLP as
counsel; and Portage Point Partners, LLC as restructuring advisor.
Vladimir Kasparov of Portage Point Partners serves as the Debtors'
chief restructuring officer. Kurtzman Carson Consultants, LLC is
the claims agent and administrative advisor.



PLUTO ACQUISITION I: $873M Bank Debt Trades at 18% Discount
-----------------------------------------------------------
Participations in a syndicated loan under which Pluto Acquisition I
Inc is a borrower were trading in the secondary market around 82.3
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $873.4 million facility is a Term loan that is scheduled to
mature on June 20, 2026.  About $853.6 million of the loan is
withdrawn and outstanding.

Pluto Acquisition I, Inc. provides health care services. The
Company operates in the United States.



POMONA VALLEY: No Patient Complaints, 1st PCO Report Says
---------------------------------------------------------
Tamar Terzian, the court-appointed patient care ombudsman, filed
with the U.S. Bankruptcy Court for the Central District of
California her first report regarding the home health care facility
operated by Pomona Valley Home Care, Inc.

The PCO found that the patients are well monitored, and the nurses
had knowledge of the patient's needs. The home was clean and had
ample medical supplies for the patients' needs. The patients
visited one to two hours care per visit.

The PCO's observation of the Licensed Vocational Nurse in charge
was positive as they are fully trained by Pomona to assure the
patients are safe and have proper medication or medical equipment
based on each patient's needs.

Pomona has received no complaints from any patient or with respect
to the caregivers. The PCO has received no complaints from the
various patients visited for this interim report, which covers the
period April 21 to June 21, 2023. The families of the patient had
no complaints with the level of care provided by the LVN.

The PCO finds that all care provided to the patients by Pomona is
well within the standard of care.

A copy of the Ombudsman Report is available for free at
https://urlcurt.com/u?l=vUHDrL from PacerMonitor.com.

The ombudsman may be reached at:

     Tamar Terzian
     Terzian Law Group, PC
     1122 East Green St.
     Pasadena, CA 91106
     Phone (818) 242-1100
     Email: tamar@terzlaw.com

                        About Pomona Valley

Pomona Valley Home Care, Inc. filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. C.D. Calif. Case No.
23-12116) on April 7, 2023, with $100,001 to $500,000 in both
assets and liabilities. Susan K. Seflin has been appointed as
Subchapter V trustee.

Judge Sheri Bluebond oversees the case.

The Debtor is represented by Thomas B. Ure, Esq., at Ure Law Firm.

Tamar Terzian is the patient care ombudsman appointed in the
Debtor's Chapter 11 case.


POWER STOP: $395M Bank Debt Trades at 25% Discount
--------------------------------------------------
Participations in a syndicated loan under which Power Stop LLC is a
borrower were trading in the secondary market around 74.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $395 million facility is a Term loan that is scheduled to
mature on January 26, 2029.  The amount is fully drawn and
outstanding.

Power Stop LLC manufactures and distributes auto parts. The Company
offers brake pads and calipers, rotor kits, sensors wires, and
other braking systems for cars, trucks, SUVs, duty trucks and tows,
and utility vehicles.



PRECISION FORGING: Wins Cash Collateral Access on Final Basis
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California,
Los Angeles Division, authorized Precision Forging Dies, Inc. to
use cash collateral on a final basis, in accordance with (a) the
weekly expense and payment limitations set forth in the Debtor's
updated budget filed on April 20, 2023; (b) the Debtor's provision
of adequate protection in the forms and on the conditions set forth
in the Motion; and (c) consistent with the Court's orders approving
the provision of adequate protection payments to the United States
Small Business Administration and Umpqua Bank.

As previously reported by the Troubled Company Reporter, the Debtor
on August 4, 2011, made and executed a U.S. Small Business
Administration Note with a 12-year repayment term in favor of
Commerce National Bank in the principal amount of $932,000,
together with interest on the unpaid principal at the variable
annual percentage rate equal to Wall Street Journal Prime rate plus
2.75%. The Note matures in August 2023, at which point the entire
amount owing under the Note will be fully due.

Pursuant to the terms of a Commercial Security Agreement, the
Debtor granted Commerce National Bank a broad, "blanket" security
interest its assets, including a purchase money security in
specific equipment.  On August 4, 2011, Dan Kloss gave an
Unconditional Guarantee personally guaranteeing the $932,000
financed pursuant to the Note.

Subsequently, pursuant to a Landlord's Agreement and Consent to
Assignment of Lease dated August 4, 2011, (a) the Debtor assigned
its rights under the Lease of the commercial real property located
at 10710 Sessler Street South Gate, CA 90280 as partial security
for its obligations under the Note to Commerce National Bank; and
(b) the landlords Dan Kloss and Joanna Kloss consented to Commerce
National Bank's security interest in the Collateral and subordinate
their own interests, liens and claims.

Commerce National Bank duly perfected its security interest in the
Collateral by filing and recording UCC Financing Statements and
Amendments.  Effective October 1, 2013, Commerce National Bank
merged with and into Sterling Savings Bank.  Effective April 18,
2014, Sterling Savings Bank merged with and into Umpqua Bank.

On November 23, 2020, Umpqua Bank, the Debtor and Kloss entered
into a Change in Terms Agreement to defer and re-amortize certain
payments into the existing loan balance, with no change in the
original loan maturity date of August 1, 2023.

A copy of the order is available at https://urlcurt.com/u?l=3vNg7J
from PacerMonitor.com.

              About Precision Forging Dies, Inc.

Precision Forging Dies, Inc. specializes in precision manufacturing
and servicing of structural components, tooling, and turbines for
military, commercial and space industries.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 23-12015) on April 3,
2023. In the petition signed by Dan Kloss, chief executive officer,
chief financial officer, the Debtor disclosed up to $50 million in
assets and up to $10 million in liabilities.

Judge Julia W. Brand oversees the case.

Robert P. Goe, Esq., at Goe Forsythe and Hodges LLP, represents the
Debtor as legal counsel.


PROMERICA FINANCIAL: Fitch Ups LongTerm IDR to B+, Outlook Stable
-----------------------------------------------------------------
Fitch Ratings has upgraded Promerica Financial Corporation's (PFC)
Long-Term Issuer Default Rating (LT IDR) to 'B+' from 'B' and
affirmed its Short-Term IDR (ST IDR) at 'B'. Fitch also upgraded
PFC's Viability Rating (VR) to 'b+' from 'b' and its senior secured
debt rating to 'B+'/'RR4' from 'B'/'RR4'. The Rating Outlook of the
LT IDR is Stable.

This ratings upgrade reflects the improvement in PFC's
profitability and capitalization over the last two years and a
demonstrated ability of the holding company's financial performance
to withstand operating environment (OE) challenges. After
consecutive downgrades of the OE in key jurisdictions, PFC has
demonstrated that its company profile supports the maintenance of
reasonable financial metrics under stress and its core
profitability ratio has recovered to similar levels prior to 2018.
Fitch expects the holding company's CET1 ratio to gradually
strengthen, while its operating profit/risk weighted assets (RWA)
ratio will stabilize around current levels.

KEY RATING DRIVERS

Ratings Driven by Viability Rating: Promerica Financial
Corporation's (PFC) Issuer Default Rating (IDR) is driven by its
Viability Rating (VR), based on the bank holding company's
consolidated risk profile. This, in turn, reflects the performance
of nine banks operating across different countries in Latin
America.

Multi-Jurisdictional Operating Environment: Fitch's blended OE
assessment for PFC is a key component of its creditworthiness.
Fitch assesses the holding company's OE by computing a weighted
average based on the total assets in each jurisdiction, with a one
notch uplift for geographical diversification and the stronger
regulatory framework in Panama, which is PFC's legal domicile. This
results in an OE score of 'b+' with a Stable Outlook. All OEs where
PFC operates have a Stable Outlook with exception of Nicaragua,
which has a Positive Outlook.

Group with Strong Regional Presence: Fitch upgraded PFC's business
profile score to 'bb' from 'bb-'. PFC has a noteworthy market
position in the markets where it operates. PFC ranks as the
third-largest financial conglomerate owned by local shareholders in
Central America. The company has presence in nine countries and the
most relevant exposure by assets are Ecuador (34.0%), followed by
Guatemala (14.5%), Panama (13.4%), Nicaragua (11.3%), and Costa
Rica (11.3%). PFC owns the third-largest private sector bank in
Ecuador, the largest credit card lender in Guatemala and the
largest bank in Nicaragua. PFC has a universal banking business
model, with a split of 60% corporate and 40% retail. The group
benefits from its presence in different jurisdictions and the
adoption of better international practices across all countries.

Good Asset Quality: Fitch upgraded PFC's asset quality score to
'b+' from 'b'. As of March 2023, the Stage 3 loans to gross loan
ratio was 2.0% (four-year average: 2.7%), while the 90 days
past-due ratio was 1.7%, a material decrease from the high levels
reported in 2020 and 2021, which were influenced by weaker OEs due
to the pandemic. Fitch expects PFC's Stage 3 to gross loans ratios
to stabilize around 2%, underpinned by a more normalized operating
environment in most jurisdictions and proven risk controls. Fitch's
asset quality score also considers the holding company's level of
cash and deposits at central banks and a higher proportion of
investment-grade securities on its balance sheet relative to peers
(universal commercial banks in similar operating environments).

Improved Profitability: Fitch upgraded PFC's earnings and
profitability score to 'b' from 'b-'. PFC has sustained an
improving trend in profitability since 2020, and currently is above
pre-pandemic levels due to consistent lending growth and controlled
asset quality deterioration. As of March 2023, the operating profit
to RWA ratio was 1.7% with a four-year average of 1.3%. In Fitch's
view, the holding company's profitability ratios will stabilize
around current levels, underpinned by a normalization of loan
growth relative to previous years.

Reasonable Capital: Fitch upgraded PFC's capital and leverage score
to 'b' from 'b-'. PFC's CET1 ratio has remained stable and provides
a reasonable capacity to absorb losses. As of March 2023, the CET1
to RWA ratio was 9.8%, and Fitch expects this ratio to reach a 10%
by YE23, considering a full retention of profits in line with the
holding company's practice of zero dividends. Additionally, the
bank has a countercyclical capital buffer (CCyB, 0.9% of RWA),
which, in Fitch's opinion, has a good capacity to absorb credit
losses.

Good Funding Structure: PFC has a typical universal bank funding
structure at a consolidated level, with 81.7% of funds originating
from stable core deposits and the rest coming from wholesale
sources. The holding company's loans to customer deposits ratio
remained at a similar level to YE22, at about 92.9% at 1Q23 with
the four-year average of the ratio at 88.5%. Additional funding
stems from an ample and diversified array of sources.

In Fitch's view, the group's financial flexibility is good and
benefits from a business model focused on traditional banking
services, large access to interbank funding and participation in
global capital markets. Liquidity will remain adequate in forecast
years, despite a natural decline due to loan growth. As of March
2023, liquid assets (loans and advances to banks, cash and
investment-grade securities) represented 30.9% of total customer
deposits. Fitch believes PFC's upcoming amortizations are
reasonably covered. As of 1Q23, available resources from syndicated
credit lines were about USD200 million. Cash available from
operations was around USD300 million at this same date and covered
the USD200 million global bond that matures in 2024 by 2.5x.

GSR

The GSRs of 'ns' reflect that, however possible, external support
cannot be relied upon, given the banking system's large size
relative to the economy and weak support stance due to Panama's
lack of a lender of last resort.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

The VR and IDR could be negatively affected by a sustained decline
in the CET1 ratio below 8%, and/or a reduction in subsidiary
dividends to upstream to PFC that pressures its debt service
capacity.

The ratings could also be pressured by a materially weaker
assessment of PFC's multijurisdictional OE, especially within its
largest markets, although this does not currently reflect Fitch's
baseline scenario.

Government Support Rating

Because the Government Support Rating (GSR) is at the lowest level
in its scale, there is no downside potential for the GSR.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

Ratings could be upgraded by an improvement in PFC's
multijurisdictional operating environment.

Government Support Rating

As Panama is a dollarized country with no lender of last resort, a
GSR upgrade is considered unlikely.

OTHER DEBT AND ISSUER RATINGS: KEY RATING DRIVERS

The rating assigned to PFC's current senior notes for USD200
million are in line with its Long-Term IDR, as the likelihood of
default on the notes is the same as that of PFC. Despite the notes
being senior secured and comprising unsubordinated obligations,
Fitch believes the collateral mechanism would not have a
significant impact on recovery rates. In accordance with Fitch's
rating criteria, recovery prospects for the notes are average and
reflected in their Recovery Rating of 'RR4'.

OTHER DEBT AND ISSUER RATINGS: RATING SENSITIVITIES

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

The senior debt ratings would be downgraded if PFC's Long-Term IDR
is downgraded.

Factors that could, individually or collectively, lead to positive
rating action/upgrade:

The senior debt ratings would be upgraded if PFC's Long-Term IDR is
upgraded.

VR ADJUSTMENTS

The OE score has been assigned below the implied score due to the
following adjustment reasons: International operations (negative).

The Business Profile score has been assigned above the implied
score due to the following adjustments: Business Model (positive)
and Market Position (positive).

RATING ACTIONS

ENTITY / DEBT                        RATING      RECOVERY PRIOR  
-------------                        ------      -------- -----
Promerica Financial
Corporation           LT IDR             B+   Upgrade       B
                      ST IDR             B    Affirmed      B
                      Viability          b+   Upgrade       b
                      Government Support ns   Affirmed      ns
  senior secured      LT                 B+   Upgrade   RR4 B


PROSPERITAS LEADERSHIP: J. McConnell Named Subchapter V Trustee
---------------------------------------------------------------
The U.S. Trustee for Region 21 appointed Jerrett McConnell, Esq.,
at McConnell Law Group, P.A. as Subchapter V trustee for
Prosperitas Leadership Academy, Inc.

Mr. McConnell will be paid an hourly fee of $350 for his services
as Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Mr. McConnell declared that he is a disinterested person according
to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Jerrett M. McConnell, Esq.
     McConnell Law Group, P.A.
     6100 Greenland Rd., Unit 603
     Jacksonville, FL 32258
     Phone: (904) 570-9180
     Email: trustee@mcconnelllawgroup.com

                   About Prosperitas Leadership

Prosperitas Leadership Academy, Inc. is a public charter school for
residents of Orange County.

Prosperitas Leadership Academy filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
23-02443) on June 21, 2023, with $2,009,763 in assets and
$2,533,820 in liabilities. Judge Grace E. Robson oversees the
case.

Jeffrey S. Ainsworth, Esq., at BransonLaw, PLLC is the Debtor's
counsel.


QUALITY EDUCATION: Moody's Rates New $11.5MM School Bonds 'Ba2'
---------------------------------------------------------------
Moody's Investors Service has assigned an initial Ba2 rating to
Quality Education Academy, NC's proposed $11.5 million Charter
School Revenue Bonds, Series 2023A and Taxable Charter School
Revenue Bonds, Series 2023B issued through the Public Finance
Authority, WI. Following the sale, the school will have
approximately $11.5 million in revenue debt outstanding. The
outlook is stable.  

RATINGS RATIONALE

The initial Ba2 revenue bond rating reflects the school's long
operating history and a sound competitive profile balanced against
recent weak operating performance trends. Operating performance
weakened in fiscal 2022 as the school invested in technology to
support academic programming. Moody's expect operating performance
will stabilize as one-time capital spending is reduced and that the
school will end fiscal 2023 with roughly 100 days cash on hand.
Enrollment trends have improved from a pandemic induced dip in
fiscal 2020 and student demand is modest. Academic performance
compares favorably to the local district and the school achieved
significant improvement in its academic growth scores during the
most recent academic testing. The school's management team is
experienced and stable with all of the school's senior management
serving at the school for over ten years. Leverage will increase
following the issuance of the Series 2023 bonds, but leverage will
remain moderate. The school's long-term liabilities consist
entirely of fixed rate debt and the absence of liabilities tied to
a defined benefit pension plan provides some operating
flexibility.

Governance considerations are key drivers of initial rating actions
and include the school's board composition coupled with a good
relationship with its authorizer and a long history of charter
renewals.

RATING OUTLOOK

The stable outlook reflects Moody's expectation of improved
operating performance in fiscal 2023 and the maintenance of sound
liquidity. The stable outlook also reflects Moody's expectation of
enrollment stability supported by the school's long operating
history and comparatively favorable academic performance.

FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATINGS

     Sustained improvement in operating performance that results in
stronger debt service coverage and liquidity

FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATINGS

     Inability to support operating expenses with recurring
revenues resulting in weaker liquidity and debt service coverage

     Enrollment declines or reduced student demand that results in
a weaker competitive profile

LEGAL SECURITY

The Series 2023 bonds are secured by lease payments, which will be
paid from gross revenues derived from the operations of the Quality
Education Academy charter school. The bonds are further secured by
a Deed of Trust that includes the school's middle/high school
campus and a 3.5 acre parcel of land located adjacent to the
middle/high school campus. The elementary campus is not included in
the Deed of Trust.

Bond covenants include a 40 days' cash on hand requirement and a
minimum of 1.1x annual debt service coverage beginning in fiscal
2024. Bondholders additionally benefit from a fully funded debt
service reserve fund and an Additional Bonds Test of 1.1x debt
service coverage on both proposed and outstanding debt.

USE OF PROCEEDS

The proceeds of the Series 2023 bonds will finance an addition to
the school's middle/high school campus to accommodate 150 students
in grades 5-12 and will refinance a currently outstanding loan that
was issued in 2019 and used to finance an expansion of the high
school building.

PROFILE

Quality Education Academy, NC is a self-managed charter school
serving students in grades K-12 from an elementary school campus
and a middle/high school campus both located in Winston-Salem. The
school served 680 students in Kindergarten through 12th grade in
the 2022-23 school year and operates under a charter contract
originally granted in 1997. The school's charter contract was most
recently renewed in 2017 for a 10-year term, expiring on June 30,
2027. The school will start the renewal process with its
authorizer, North Carolina State Board of Education, in calendar
year 2024.

The North Carolina State Board of Education is the sole authority
of charter school oversight in North Carolina and currently
oversees 206 charter schools across the state.

METHODOLOGY

The principal methodology used in these ratings was US Charter
Schools published in September 2016.


QUALTEK LLC: $380M Bank Debt Trades at 68% Discount
---------------------------------------------------
Participations in a syndicated loan under which Qualtek LLC is a
borrower were trading in the secondary market around 32.5
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $380 million facility is a Term loan that is scheduled to
mature on July 18, 2025.  About $70.5 million of the loan is
withdrawn and outstanding.

Qualtek LLC provides communication infrastructure construction
services. The Company offers services such as networking, site
survey, post wiring, lock box installation, pole upgrades, plant
maintenance, and manhole placements.



QUALTEK SERVICES: Bankruptcy Court Confirms Reorganization Plan
---------------------------------------------------------------
QualTek Services Inc., a leading infrastructure services provider,
on June 30 disclosed that its Plan of Reorganization has been
confirmed by the United States Bankruptcy Court for the Southern
District of Texas.  The Plan has the overwhelming support of the
Company's major stakeholders, including, 100% of voting Secured
Debt Holders and 100% of voting Convertible Noteholders.  This
milestone comes less than six weeks after filing, representing an
expeditious step forward toward emergence from the Company's
Chapter 11 cases, which it expects to occur in mid-July.

As a result of its restructuring efforts, QualTek will emerge from
Chapter 11 with a significantly stronger balance sheet and be
positioned for continued industry leadership in the
telecommunications and utilities sectors. Through the confirmed
Plan, QualTek will eliminate $307 million of debt. The Company also
intends to enter into new $25 million exit term loan financing (in
addition to the $40 million previously funded DIP financing) and an
ABL facility with $101.2 million in availability to ensure that it
is well capitalized in the future.

"With [Fri]day's announcement, QualTek is poised to emerge from our
financial restructuring well positioned to continue to provide
best-in-class infrastructure services for our valued customers,"
said QualTek's Chief Executive Officer Scott Hisey. "We believe
QualTek will have significant opportunities in the coming years
across the wireless, wireline/fiber, 5G, renewables and recovery
sectors, and are excited to enter this next chapter for our
company. I want to thank our customers and vendors for their
continued support during this process as we position our business
on a more stable foundation. I also want to express my appreciation
to our employees for their hard work and focus on delivering
exceptional results, and we look forward to building on our track
record as a dedicated employer of our military veterans."

QualTek will emerge as a private company under the ownership of
their prepetition lenders. The current management team will
continue to lead the Company, with roles and responsibilities
across the team remaining the same. The Plan also provides for
general unsecured creditors and trade claims to be unimpaired.

Additional information about the Company's financial restructuring
is available on the website of its claims agent, Epiq, at
https://dm.epiq11.com/QualTek. With questions, stakeholders can
contact Epiq at (877) 609-4009 Toll Free or +1 (503) 447-4703 from
outside the U.S. or Canada, or by emailing QualTek@epiqglobal.com.

                         About QualTek

Founded in 2012, QualTek OTCMKTS: QTEKQ --
https://www.qualtekservices.com/ -- is a technology-driven provider
of infrastructure services to the 5G wireless, telecom, power grid
modernization and renewable energy sectors across North America.
QualTek has a national footprint with more than 65 operation
centers across the U.S. and a workforce of over 5,000 people.
QualTek has established a nationwide operating network to enable
quick responses to customer demands as well as proprietary
technology infrastructure for advanced reporting and invoicing.
The Company reports within two operating segments:
elecommunications, and Renewables and Recovery and has already
become a leader in providing disaster recovery logistics and
services for electric utilities.

QualTek Services Inc. and its affiliates sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 23-90584) on May 24,
2023.  QualTex disclosed $688,927,000 in assets against
$789,647,000 in total debt as of Dec. 31, 2022.

The Hon. Christopher M. Lopez is the case judge.

Kirkland & Ellis LLP and Jackson Walker LLP are serving as legal
counsel, Jefferies is serving as investment banker, and Alvarez &
Marsal is serving as financial advisor to the Company.  The Company
has retained C Street Advisory Group to serve as the strategy and
communications advisor.  Epiq is the claims agent.


R&G DEVELOPMENT: Court Approves Disclosure Statement
----------------------------------------------------
Judge Marc Barreca has entered an order approving the Disclosure
Statement of R&G Development Group, LLC and authorizing the Debtor
to solicit acceptances or rejections of the Debtor's proposed Plan
of Reorganization pursuant to 11 U.S.C. Sec. 1125.

A hearing will be held commencing on Thursday, July 27, 2023 at
9:30 a.m. for the Court's consideration of confirmation of the Plan
and any objections thereto which have been timely filed pursuant to
the terms of this Order.

Any objections to confirmation of the Plan must be in writing,
filed with this Court, and served on counsel for the Debtor no
later than Thursday, July 20, 2023.

All acceptances or rejections of the Plan must be in writing, filed
with this Court, and served on counsel for the Debtor no later than
Thursday, July 20, 2023 by 4:30 p.m. (PT).

The Debtor's Summary of Ballots and Preconfirmation Report must be
filed on Monday, July 24, 2023.

Attorneys for R&G Development Group, LLC:

     Christine M. Tobin-Presser, Esq.
     BUSH KORNFELD LLP LAW OFFICES
     601 Union St., Suite 5000
     Seattle, WA 98101-2373
     Telephone: (206) 292-2110
     Facsimile: (206) 292-2104

                   About R&G Development Group

R&G Development Group owns land and partially constructed apartment
building located at 2090 Wheaton Way, Bremerton, WA valued at $5.3
million.

R&G Development Group filed its voluntary petition for Chapter 11
protection (Bankr. W.D. Wash. Case No. 23-10817) on May 4, 2023,
listing $5,430,876 in assets and $4,784,404 in liabilities. Willie
Gilbert as managing member, signed the petition.

BUSH KORNFELD LLP serves as the Debtor's legal counsel.


RACKSPACE TECHNOLOGY: $2.3B Bank Debt Trades at 54% Discount
------------------------------------------------------------
Participations in a syndicated loan under which Rackspace
Technology Global Inc is a borrower were trading in the secondary
market around 46.3 cents-on-the-dollar during the week ended
Friday, June 30, 2023, according to Bloomberg's Evaluated Pricing
service data.

The $2.30 billion facility is a Term loan that is scheduled to
mature on February 9, 2028.  About $2.25 billion of the loan is
withdrawn and outstanding.

Rackspace Technology Global, Inc., supports and manages cloud
platforms, as well as offers managed hosting, colocation, security,
data processing, and enterprise application development.



RAYONIER ADVANCED: S&P Downgrades ICR to 'B-', On Watch Negative
----------------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Rayonier
Advanced Materials Inc. (RYAM) to 'B-' from 'B' and lowered its
issue-level rating on its senior secured notes due 2026 to 'B' from
'B+', and its senior unsecured notes due 2024 to 'CCC+' from 'B-'.
S&P placed all these ratings on CreditWatch with negative
implications.

S&P said, "The recovery ratings on the senior secured notes and
senior unsecured notes are unchanged at '2' and '5', respectively.
Additionally, we believe refinancing risk has increased given tight
credit markets and higher interest rates, so that any prospective
refinancing could be costly.

"The CreditWatch placement reflects the possibility that we could
lower our ratings on RYAM if the company is unable to successfully
and timely address the refinancing of its 2024 notes within the
next 90 days."

Rayonier Advanced Materials Inc.'s (RYAM) $318 million of
outstanding 5.5% senior unsecured notes are due June 1, 2024.
S&P expects RYAM to generate negative free operating cash flow
(FOCF) in fiscal 2023, following negative FOCF generation in
fiscals 2022 and 2021.

S&P said, "The downgrade reflects the combination of weak FOCF
generation and a shorter timeline to debt maturity. We forecast
that RYAM could generate a third consecutive year of negative free
cash flow for fiscal 2023, just as a maturity looms in mid-2024.
The company's large cash balance has acted as a buffer in the past;
however, our base-case forecasts a potential depletion in balance
sheet cash at the end of 2023. While we expect some benefits from
working capital management resulting in cash inflows during the
year, this might not be sufficient to offset the overall impact on
free cash flow. In our view, this has led to a deterioration of the
company's liquidity and refinancing prospects.

"RYAM's FOCFs are sensitive to its capital spending, and we expect
continued elevated capex levels in fiscals 2023 and 2024 of around
$140 million annually, before a return to normalized levels of
around $100 million annually in 2025. Catch-up maintenance capex
deferred during the pandemic, annual run-rate maintenance capex,
along with continued investments in strategic initiatives will
pressure the company's cash flows from operations, following the
almost certain impact of higher debt costs associated with any
refinancing of the company's 2024 notes, which became current in
June 2023.

"While the company's publicly stated strategic investments are a
drag on free cash flow in the short term, we expect these
investments should improve its longer-term profitability. For
example, the recent groundbreaking at the company's Bioethanol
plant in Tartas, in the Les Landes area of France, has positioned
RYAM closer to commencing commercial sales of its bioethanol fuel
in fiscal 2024, and we believe this has the potential to contribute
around $9 million to $11 million in annual EBITDA. We expect
material contributions from this and other strategic initiatives,
including process automation, debottlenecking at the Jesup
facility, and overall business process improvements, to affect both
nominal EBITDA and EBITDA margins starting in fiscal 2025.

"The CreditWatch placement reflects the increased refinancing risk
for RYAM ahead of its June 2024 maturity date. While there has been
some improvement in the company's operating trends over the last 12
months, particularly around debt-leverage as the company made
voluntary debt payments using balance sheet cash, weaker
macroeconomic conditions have led to tighter capital markets and
increased refinancing risk. Nonetheless, we believe the company's
current operating performance is likely to support its ability to
successfully refinance its 2024 notes; however, increased borrowing
costs will negatively affect the company's FOCF.

"We expect RYAM's operating performance to remain relatively stable
in 2023, following around 20% topline revenue growth in 2022, as
softer demand across its end markets and pricing pressure, namely
in its high yield pulp segment, is somewhat offset by stable
pricing in its higher-margin cellulose specialty and paperboard
businesses.

"The negative CreditWatch placement reflects the possibility that
we could lower our ratings on RYAM if the company is unable to
successfully address the refinancing of its 2024 notes within the
next 90 days. We expect to resolve the CreditWatch upon disclosure
of refinancing terms related to pricing, financial covenants, and
other terms and conditions. Our resolution will incorporate a
forward view on the impact expected interest rates will have on
FOCF and EBITDA interest cover metrics, in addition to
incorporating our view on future operating trends and debt
leverage."

ESG credit indicators: E-3; S-2; G-2.

S&P said, "Environmental factors are a moderately negative
consideration in our credit analysis of RYAM. High-purity cellulose
and high-yield pulp are chemically-intensive to produce.
Additionally, the end-of-life disposal for some of the company's
products is an issue due to their single-use nature and inability
to be reused or recycled."



RELOADED GAMES: Robert Goe Named Subchapter V Trustee
-----------------------------------------------------
The U.S. Trustee for Region 16 appointed Robert Goe, Esq., a
practicing attorney in Irvine, Calif., as Subchapter V trustee for
Reloaded Games, Inc.

Mr. Goe will be paid an hourly fee of $545 for his services as
Subchapter V trustee while his case administrator, Arthur Johnston,
will be paid an hourly fee of $195. In addition, the Subchapter V
trustee will receive reimbursement for work-related expenses
incurred.  

Mr. Goe declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Robert P. Goe, Esq.
     17701 Cowan
     Building D, Suite 210
     Irvine, CA 92614
     Telephone: (949) 798-2460
     Facsimile: (949) 955-9437
     Email: bktrustee@goeforlaw.com

                       About Reloaded Games

Reloaded Games, Inc. filed a petition under Chapter 11, Subchapter
V of the Bankruptcy Code (Bankr. C.D. Calif. Case No. 23-11269) on
June 21, 2023, with $59,512 in assets and $2,366,660 in
liabilities. Bjorn Book-Larsson, chief executive officer, signed
the petition.

Judge Scott C. Clarkson oversees the case.

James Andrew Hinds, Jr., Esq., at The Hinds Law Group, APC is the
Debtor's counsel.


RIALTO BIOENERGY: Two New Committee Members Appointed
-----------------------------------------------------
Tiffany Carroll, Acting U.S. Trustee for Region 15, appointed
Denali Water Solutions, LLC and Schwing Bioset, Inc. as new members
of the official committee of unsecured creditors in the Chapter 11
case of Rialto Bioenergy Facility, LLC.

The committee is now composed of:  

     1. Aerzen USA Corp
        Attn: Michael Scotti
        Credit Manager
        108 Independence Way
        Coatesville, PA 19320
        Phone: (484) 784-6856
        Email: michael.scotti@aerzen.com

     2. Romero's Engineering, Inc. dba
        American Turnkey Fabricators
        Attn: Ari Medel
        Office Manager
        9175 Milliken Ave.
        Rancho Cucamonga, CA 91730
        Phone: (909) 827-1040
        Email: ari@atf1.com

     3. SB Industrial Vacuum Services Inc.
        Attn: Christian Bahena
        General Manager
        10656 Jaggery St.
        Fontana, CA 92337
        Phone: (909) 333-0148
        Email: Christian@sbvacuumservices.com

     4. Denali Water Solutions, LLC
        Attn: Patricia McArdle
        Senior Counsel
        3308 Bernice Avenue
        Russellville, AR 72802
        Phone: (214) 766-2425
        Email: patricia.mcardle@denaliwater.com

     5. Schwing Bioset Inc.
        Attn: Greg Strauss
        350 SMC Drive
        Somerset, WI 54025
        Phone: (715) 507-5277
        Email: gstrauss@schwingbioset.com

                  About Rialto Bioenergy Facility

Rialto Bioenergy Facility, LLC owns and operates a multi-feedstock
bioenergy facility in Rialto, Calif., which converts organic waste,
such as food waste, yard waste, and biosolids into carbon-negative
renewable natural gas, with capability to also generate renewable
electricity and soil amendment/fertilizer. The facility, the
largest in North America and valued at $196.6 million, utilizes
anaerobic digestion technology to convert the organic waste
received from waste haulers into renewable natural gas.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Calif. Case No. 23-01467) on May 25,
2023, with $100 million to $500 million in both assets and
liabilities. Yaniv Scherson, vice president, signed the petition.

The Debtor tapped Ron Bender, Esq., at Levene, Neale, Bender, Yoo
and Golubchik, LLP as bankruptcy counsel and B. Riley Securities,
Inc. as financial advisor.

UMB Bank, N.A. as Indenture Trustee is represented by Nahal
Zarnighian, Esq., at Ballard Spahr, LLP.

The U.S. Trustee for Region 15 appointed an official committee to
represent unsecured creditors in the Debtor's Chapter 11 case. The
committee is represented by Brinkman Law Group, PC.


RISING TIDE: $397M Bank Debt Trades at 39% Discount
---------------------------------------------------
Participations in a syndicated loan under which Rising Tide
Holdings Inc is a borrower were trading in the secondary market
around 60.9 cents-on-the-dollar during the week ended Friday, June
30, 2023, according to Bloomberg's Evaluated Pricing service data.


The $397.8 million facility is a payment-in-kind Term loan that is
scheduled to mature on June 1, 2028.  The amount is fully drawn and
outstanding.

Rising Tide (d/b/a West Marine) retails recreational and commercial
boating supplies, apparel, and other related merchandise. The
company operates as a specialty retailer in the marine aftermarket,
serving the repair and replacement outfitting needs of active
marine enthusiasts and professional customers. Rising Tide is also
involved in the wholesale distribution of products to commercial
customers and other retailers through its port supply business line
and stores.



RODAN & FIELDS: $600M Bank Debt Trades at 62% Discount
------------------------------------------------------
Participations in a syndicated loan under which Rodan & Fields LLC
is a borrower were trading in the secondary market around 37.8
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $600 million facility is a Term loan that is scheduled to
mature on June 15, 2025.  About $570 million of the loan is
withdrawn and outstanding.

Rodan & Fields, LLC, known as Rodan + Fields or R+F, is an American
multi-level marketing company specializing in skincare products.
Katie Rodan and Kathy A. Fields, creators of Proactiv, started the
Rodan + Fields brand in 2002 and sold it a year later.



ROGER T. BRILL: Jerrett McConnell Named Subchapter V Trustee
------------------------------------------------------------
The U.S. Trustee for Region 21 appointed Jerrett McConnell, Esq.,
at McConnell Law Group, P.A. as Subchapter V trustee for Roger T.
Brill, M.D., F.A.C.S. P.A.

Mr. McConnell will be paid an hourly fee of $350 for his services
as Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Mr. McConnell declared that he is a disinterested person according
to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Jerrett M. McConnell, Esq.
     McConnell Law Group, P.A.
     6100 Greenland Rd., Unit 603
     Jacksonville, FL 32258
     Phone: (904) 570-9180
     Email: trustee@mcconnelllawgroup.com

                       About Roger T. Brill

Roger T. Brill, M.D., F.A.C.S. P.A. offers cosmetic and
reconstructive plastic surgery in Gainesville, Fla.

The Debtor filed filed a petition under Chapter 11, Subchapter V of
the Bankruptcy Code (Bankr. M.D. Fla. Case No. 23-01452) on June
22, 2023, with $132,727 in assets and $1,162,823 in liabilities.
Roger T. Brill M.D., president, signed the petition.

Judge Jason A. Burgess oversees the case.

Jeffrey S. Ainsworth, Esq., at BransonLaw, PLLC is the Debtor's
counsel.


ROYAL BLUE REALTY: May Use $119,281of Cash Collateral Thru Oct 31
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of New York
authorized Royal Blue Realty Holdings, Inc. to continue using cash
collateral on a further interim basis in accordance with the
budget, with a 10% variance.

Specifically, the Debtor is authorized to use up to $119,281,
covering the period July 1 through October 31, 2023. This amount
includes $109,608 in payments reimbursed by Comm-U.

Deutsche Bank National Trust Company may assert an interest in the
cash collateral. DB is the Trustee for American Home Mortgage Asset
Trust 2006-6 Mortgage-Backed Pass-Through Certificates, Series
2006-6; or Deutsche Bank National Trust Company as Trustee for
American Home Mortgage Asset Trust 2007-1 Mortgage-Backed
Pass-Through Certificates, Series 2007-1.

DB asserts mortgage liens on and security interests in the Debtor's
nine residential apartments comprised of tax lots in Block 604 and
the rents or other proceeds derived from those apartments,
including funds collected by Elaine Shay, the state court-appointed
receiver. The Debtor materially disputes DB's mortgage interests as
well as any other interests DB may assert in any of the Debtor's
assets including but not limited to the Prepetition Collateral and
the cash collateral, respectively.

As adequate protection for the Debtor's use of cash collateral, DB
is granted valid, binding, enforceable, and automatically perfected
post-petition liens on all property, whether now owned or hereafter
acquired or existing and wherever located, of the Debtor and the
Debtor's estate.  DB's replacement liens include avoidance actions
under Chapter 5 of the Bankruptcy Code.

As additional adequate protection, the Debtor will, among other
things, maintain all of its insurance policies in full force and
effect, and will make timely payments of all property taxes and
common charges relating to the prepetition collateral.

Unless extended further with the written consent of DB or by Court
order, the authorization granted to the Debtor to use cash
collateral under the 13th Interim Order will terminate immediately
upon the earliest to occur of the following:

     (i) October 31, 2023;

    (ii) The entry of an order dismissing the Case;

   (iii) The entry of an order converting the Case to a case under
Chapter 7;

    (iv) The entry of an order appointing a trustee or an examiner
with expanded powers with respect to the Debtor's estate;

     (v) Entry of an order reversing, vacating, or otherwise
amending, supplementing, or modifying the Order;

    (vi) Entry of an order granting relief from the automatic stay
to any creditor -- other than DB -- holding or asserting a lien in
the Prepetition Collateral; or

   (vii) The Debtor's breach or failure to comply with any material
term or provision of this Eleventh Interim Order after receipt of
no less than five business days' notice to cure.

A final hearing on the matter is scheduled for October 31 at 10
a.m.

A copy of the stipulated order is available for free at
https://urlcurt.com/u?l=z148Aw from PacerMonitor.com.

                 About Royal Blue Realty Holdings

Royal Blue Realty Holdings, Inc., which holds business at 162-174
Christopher Street, New York, NY, is primarily engaged in renting
and leasing real estate properties.  Royal Blue filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 21-10802) on April 26, 2021.

As of the Petition Date, the Debtor estimated between $1 million to
$10 million in assets, and between $10 million to $50 million in
liabilities.  The petition was signed by Andrew Nichols, chief
restructuring officer.

Davidoff Hutcher & Citron LLP represents the Debtor as counsel.

Judge Hon. Lisa G. Beckerman oversees the case.

Elaine Shay was appointed as temporary receiver with respect to the
Debtor by order of the Supreme Court of New York on March 9, 2021.



ROYALE ENERGY: Posts $1 Million Net Income in First Quarter
-----------------------------------------------------------
Royale Energy, Inc. filed with the Securities and Exchange
Commission its Quarterly Report on Form 10-Q disclosing net income
of $1 million on $571,825 of total revenues for the three months
ended March 31, 2023, compared to a net loss of $52,351 on $516,505
of total revenues for the three months ended March 31, 2022.

As of March 31, 2023, the Company had $11.75 million in total
assets, $20.27 million in total liabilities, $23.82 million in
mezzanine equity, and a total stockholders' deficit of $32.34
million.

Royale said, "The primary sources of liquidity have historically
been issuances of common stock, oil and gas sales through ongoing
operations and the sale of oil and gas properties.  There are
factors that give rise to substantial doubt about our ability to
meet liquidity demands, and we anticipate that our primary sources
of liquidity will be from the issuance of debt or equity, the sale
of oil and natural gas property participation interests through our
normal course of business and the sale of non-strategic assets."

"At March 31, 2023, our consolidated financial statements reflect a
working capital deficiency of $5,548,678.  Although we had net
income of $1,002,344 for the three months ended March 31, 2023,
there is substantial doubt about our ability to continue as a going
concern."

"Management's plans to alleviate the going concern by cost control
measures that include, among other things, the reduction of
overhead costs and the sale of non-strategic assets, and obtaining
additional financing.  There is no assurance that additional
financing will be available when needed or that we will be able to
obtain any financing on terms acceptable to us and whether we will
become profitable and generate positive operating cash flow.  If
the Company is unable to raise sufficient additional funds, it will
have to develop and implement a plan to further extend payables,
attempt to extend note repayments, and reduce overhead until
sufficient additional capital is raised to support further
operations.  There can be no assurance that such a plan will be
successful."

A full-text copy of the Form 10-Q is available for free at:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1694617/000118518523000655/royaleinc20230331_10q.htm

                           About Royale

El Cajon, CA-based Royale Energy, Inc. -- http://www.royl.com-- is
an independent oil and natural gas producer.  Royale's principal
lines of business are the production and sale of oil and natural
gas, acquisition of oil and gas lease interests and proved
reserves, drilling of both exploratory and development wells, and
sales of fractional working interests in wells to be drilled by
Royale. Since 1993, Royale has primarily acquired and developed
producing and non-producing natural gas properties in California.
In December 2018, Royale became the operator of a newly acquired
field in Texas.  The most significant factors affecting the results
of operations are (i) changes in oil and natural gas prices,
production levels and reserves, (ii) turnkey drilling activities,
and (iii) the increase in future cost associated with abandonment
of wells.

Royale Energy reported a net loss of $145,594 for the year ended
Dec. 31, 2022, compared to a net loss of $3.60 million for the year
ended Dec. 31, 2021. As of Dec. 31, 2022, the Company had $11.78
million in total assets, $21.30 million in total liabilities,
$23.61 million in mezzanine equity, and a total stockholders'
deficit of $33.14 million.

Ridgeland, Mississippi-based HORNE LLP, the Company's auditor since
2023, issued a "going concern" qualification in its report dated
May 19, 2023, citing that the Company has suffered recurring losses
from operations and its total liabilities exceed its total assets.
This raises substantial doubt about the Company's ability to
continue as a going concern.


SABRE GLBL: $404M Bank Debt Trades at 21% Discount
--------------------------------------------------
Participations in a syndicated loan under which Sabre GLBL Inc is a
borrower were trading in the secondary market around 79
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $404 million facility is a Term loan that is scheduled to
mature on December 17, 2027.  About $395.9 million of the loan is
withdrawn and outstanding.

Sabre GLBL Inc. provides information technology services. The
Company offers technology solutions including data-driven business
intelligence, mobile, distribution, and Software as a Service
(SaaS) solutions. Sabre GLBL serves customers worldwide.



SAMUEL E. SCOTT: McGregor's $240K Sale of Personal Property OK'd
----------------------------------------------------------------
Judge Jason D. Woodard of the U.S. Bankruptcy Court for the
Northern District of Mississippi authorized Leigh McGregor, the
duly authorized representative of the bankruptcy estate of Samuel
E. Scott, to sell the personal property located in her former
residence located at 330 South Extension Street, in Hazlehurst,
Mississippi, to Thomas and April Dawn Russell for $240,000.

The Debtor sale is free and clear of liens, claims, and interests,
with liens, claims, and interests attaching to the sales proceeds.

In addition, the broker/realtor's fees/commissions will also be
paid at closing from the sales proceeds.  Finally, any and all
other costs of closing that are reasonable, necessary and
commercially customary (including attorney's fees) will also be
paid from the closing proceeds.  
Thereafter, the closing proceeds will be delivered to counsel for
McGregor, who will place them in an interest bearing, escrow
account, to be disbursed only upon further order of the Court after
notice and a hearing.

McGregor is authorized to execute such warranty deed, bill of sale
or other transfer and conveyance documents as commercially
reasonable under the circumstances.

Samuel E. Scott sought Chapter 11 protection (Bankr. N.D. Miss.
Case No. 11-12156-JDW) on May 12, 2011.



SAMUEL E. SCOTT: Rep Sells Personal Property Located in Hazlehurst
------------------------------------------------------------------
Leigh McGregor, the duly authorized representative of the
bankruptcy estate of Samuel E. Scott, asks the U.S. Bankruptcy
Court for the Northern District of Mississippi to approve the sale
of personal property located in her former residence located at 330
South Extension Street, in Hazlehurst, Mississippi.

The Debtor departed this life and his son Chris Scott, was
appointed bankruptcy estate representative. Unfortunately, Chris
Scott departed this life as a result of complications of COVID-19
and Leigh McGregor has been appointed, by separate order of the
Court as the duly authorized estate representative and she brings
the Motion in that capacity.

McGregor has made the decision to liquidate the furniture and
amenities located in her former residence located at 330 South
Extension Street, Hazlehurst, MS.  Specifically, the property that
forms the subject matter of the Motion includes all items of
personal property and furniture located within her former
residence, together with books, paintings, amenities, and related
assets located within the home as well as lawn furniture, gardening
amenities, pots, and related assets located outside of the home.

McGregor has made the decision that liquidation of the Personal
Property is in its best interest and in the best interest of all
creditors.  The Personal Property will be sold at an upcoming
Estate Sale conducted by Cartwright Estate Liquidations, Inc.
("CEL").  The fair market/liquidation value of the Personal
Property will be the sale price that is accepted by CEL.

McGregor is filing simultaneously with her Motion, an Application
to Employ Estate Liquidation Company to seek approval to seek
approval of the employment of Wendy Cartwright and Cartwright
Estate Liquidations, Inc. to conduct an estate sale of the personal
property located within her former residence.  The terms,
conditions and employment of Ms. Cartwright/GEL are set forth in
the Application.

McGregor seeks authority of the Court to execute such contract with
Cartwright/CEL which will allow the company to liquidate the
contents of the home and any other related documents which are
reasonably necessary to consummate and close the sale of the
Personal Property once the estate sale is completed. She requests
that Ms. Cartwright/GEL be authorized to submit a settlement
disbursement of the sale proceeds within 14 days of the conclusion
of the sale.  The settlement will contain a list of the items sold,
total sale proceeds, the commission owed to CEL, and the total
amount owed to the estate.

The personal property is to be sold free and clear of liens, claims
and interests.

Upon closing, the net proceeds will be paid to the Debtor's counsel
who will deposit them in a separate, interest bearing account,
established pursuant to the guidelines issued by the office of the
United States Trustee, not to be disbursed except upon further
order of the Court, after notice and a hearing.

Samuel E. Scott sought Chapter 11 protection (Bankr. N.D. Miss.
Case No. 11-12156-JDW) on May 12, 2011.



SIGNAL PARENT: $550M Bank Debt Trades at 19% Discount
-----------------------------------------------------
Participations in a syndicated loan under which Signal Parent Inc
is a borrower were trading in the secondary market around 81.1
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $550 million facility is a Term loan that is scheduled to
mature on April 1, 2028.  About $539 million of the loan is
withdrawn and outstanding.

Signal Parent, Inc. provides interior design services.



SOUND INPATIENT: $610M Bank Debt Trades at 41% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Sound Inpatient
Physicians Holdings LLC is a borrower were trading in the secondary
market around 59.1 cents-on-the-dollar during the week ended
Friday, June 30, 2023, according to Bloomberg's Evaluated Pricing
service data.

The $610 million facility is a Term loan that is scheduled to
mature on June 28, 2025.  About $591.8 million of the loan is
withdrawn and outstanding.

Sound Inpatient Physicians, Inc. is a provider of physician
services in acute, post-acute, emergency medicine, and intensivist
facilities through its wholly-owned subsidiaries and affiliated
companies. Sound’s principal business is to provide hospitalist
services to hospitals and health plans designed to improve the
well-being of patients while reducing their associated costs
through the management of medical care. The company is primarily
owned by private equity sponsor Summit Partners and Optum Health.



SOUTH AMERICAN BEEF: Auction of Two Cars via BringATrailer.com OK'd
-------------------------------------------------------------------
Judge Anita L. Shodeen of the U.S. Bankruptcy Court for the
Southern District of Iowa authorized South American Beef, Inc., to
sell at public auction the following two vehicles:

     a) 2021 Porsche Taycan 4S, a 4 door, all-wheel drive electric
vehicle, approximately 9,040 miles, VIN WP0AB2Y11MSA43699; and,

     b) 2015 Ferrari California T, a gasoline powered, rear wheel
drive convertible, approximately 46,590 miles, VIN
ZFF77XJA2F0207641.

The Debtor will use the online auto auction platform
BringATrailer.com (https://bringatrailer.com/).

The sales will be free and clear of all liens, claims, and
encumbrances, with all liens attaching to the proceeds.

The sale will proceed according to the terms set forth in the
motion. As required by any applicable federal rule or statute, the
filer will serve the Order on all appropriate parties. The Order
has been entered on the docket as directed by the Court.

                   About South American Beef

South American Beef, Inc. specializes in the purchase, import and
sales of high-quality beef, lamb, goat, mutton, veal, seafood, and
poultry game meats. The company is based in West Des Moines, Iowa.

South American Beef sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Iowa Case No. 22-01341) on Dec. 13,
2022, with $23,567,773 in assets and $23,993,243 in liabilities.
Alejandra M. Vidal-Soler, president of South American Beef, signed
the petition.

Judge Anita L. Shodeen oversees the case.

Jeffrey D. Goetz, Esq., at Bradshaw, Fowler, Proctor & Fairgrave
PC and Moglia Advisors serve as the Debtor's legal counsel and
financial advisor, respectively.

On Feb. 1, 2023, the U.S. Trustee appointed an official committee
of unsecured creditors in this case. The committee tapped
Levenfeld Pearlstein, LLC and Spencer Fane LLP as its legal
counsels and Dundon Advisers, LLC as its financial advisor.



SOUTHERN MOTEL: Robert Byrd Named Subchapter V Trustee
------------------------------------------------------
David Asbach, Acting U.S. Trustee for Region 5, appointed Robert
Byrd, Esq., at Byrd & Wiser, as Subchapter V trustee for Southern
Motel, Inc.

Mr. Byrd will be paid an hourly fee of $275 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

Mr. Byrd declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Robert A. Byrd, Esq.
     Byrd & Wiser
     P.O. Drawer 1939
     Biloxi, MS 39533
     Phone: (228) 432-8123
     Fax: (228) 432-7029
     Email: rab@byrdwiser.com

                       About Southern Motel

Southern Motel, Inc. filed a petition under Chapter 11, Subchapter
V of the Bankruptcy Code (Bankr. N.D. Miss. Case No. 23-11815) on
June 16, 2023, with $100,001 to $500,000 in assets and as much as
$50,000 in liabilities.

The Debtor is represented by J. Walter Newman IV, Esq., at of
Newman & Newman.


SPL PARTNERS: Sale of New York Property to Signature Approved
-------------------------------------------------------------
SPL Partners, LLC, received approval from Judge Elizabeth S. Stong
of the U.S. Bankruptcy Court for the Eastern District of New York
to sell a property located at 9201 4th Avenue, in New York City,
New York 11209, to Signature Lien Acquisitions III LLC or its
designee in accordance with Signature's credit bid.

The sale of the Property to the Purchaser, together with the
assignment of the Collection Actions and the assignment of the
Certiorari Proceedings, is approved.  A closing with respect to the
Sale will occur after the Order becomes final and non-appealable.

At the Closing, in accordance with the Plan, the Purchaser will pay
to the Disbursing Agent all sums necessary to pay allowed
administrative expense claims and professional fees, the allowed
junior lien of Freda Spiropoulos; the initial distribution to
general unsecured creditors; and accrued and unpaid U.S. Trustee
fees.  The Purchaser will assume all outstanding real estate tax
obligations and related charges as of the Closing in the total
estimated amount of $1,322,651.

                   About SPL Partners LLC

Brooklyn, N.Y.-based SPL Partners LLC is a single asset real
estate
debtor (as defined in 11 U.S.C. Section 101(51B)).

On Aug. 31, 2021, Xemex LLC, Stacey Angelides and Angelo Gerosavas
filed an involuntary petition against SPL Partners pursuant to
Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No.
21-42248).  The creditors are represented by Ralph E. Preite,
Esq.,
at Koutsoudakis & Iakovou Law Group, PLLC.  

Judge Elizabeth S. Stong presides over the case.

Melissa A. Pena, Esq., at Norris McLaughlin, P.A. serves as the
Debtor's legal counsel.



SURGALIGN HOLDINGS: U.S. Trustee Appoints Creditors' Committee
--------------------------------------------------------------
The U.S. Trustee for Region 7 appointed an official committee to
represent unsecured creditors in the Chapter 11 case of Surgalign
Holdings, Inc.

The committee members are:

     1. SNH Medical Office Properties Trust
        Attn: Jennifer Clark, GC, and
              Sigrid Mendel Usen, Assist. GC
        c/o The RMR Group
        Two Newton Place, Suite 300
        255 Washington Street,
        Newton, MA 02458
        Email: jclark@rmrgroup.com
               susen@rmrgroup.com

     2. Abel Solutions, LLC
        David J. Hammond
        3820 Mansell Rd., Suite 260
        Alpharetta, GA 30022
        Email: dhammond@abelsolutions.com

     3. Aziyo Biologics, Inc.
        Attn: Matthew Ferguson and Jeff Hamet, SVP Finance
        12510 Prosperity Dr
        Silver Spring, MD 20904
        Email: mferguson@aziyo.com
               jhamet@aziyo.com

     4. ARCH Philadelphia
        2600 Telegraph Rd. # 180
        Bloomfield, MI 48302
        Email: jserda@archgp.com

     5. Pioneer Surgical Technology, Inc.
        d/b/a/ Resolve Surgical Technologies
        Attn: Brad Aquino, CFO
        375 River Park Circle
        Marquette, MI 49855
        Email: baquino@resolvesurg.com
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                     About Surgalign Holdings

Surgalign Holdings, Inc. is a global medical technology company
focused on elevating the standard of care by driving the evolution
of digital health.  It has developed an artificial intelligence and
augmented reality technology platform called HOLO AI, which the
company views as a powerful suite of AI software technology which
connects the continuum of care from the pre-op and clinical stage
through post-op care, and is designed to achieve better surgical
outcomes, reduce complications, and improve patient satisfaction.

Surgalign Holdings and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Texas Lead Case No.
23-90731) on June 19, 2023. At the time of the filing, the Debtors
reported $50 million to $100 million in both assets and
liabilities.  

Judge Christopher M. Lopez oversees the cases.

The Debtors tapped White & Case, LLP as bankruptcy counsel; Jackson
Walker, LLP as local bankruptcy counsel; and Alvarez & Marsal North
America, LLC and Alvarez & Marsal Securities, LLC as investment
bankers, and restructuring and financial advisors. Kroll
Restructuring Administration, LLC is the Debtors' notice and claims
agent.


TACORA RESOURCES: Moody's Lowers CFR to 'C', Outlook Negative
-------------------------------------------------------------
Moody's Investors Service downgraded Tacora Resources Inc.'s
ratings, including the Corporate Family Rating to C from Caa3, the
Probability of Default Rating to C-PD/LD (/LD designation indicates
a limited default under Moody's definition) from Caa3-PD and senior
secured notes rating to C from Caa3. The ratings outlook remains
negative.

The /LD designation reflects Tacora's missed interest payment due
on May 15, 2023 on its senior secured 8.25% notes due May 2026 and
the subsequent failure to make the payment during the original
thirty-day grace period. The downgrade of the CFR to C reflects
Moody's expectation for below average recovery for the debt in
default.      

Downgrades:

Issuer: Tacora Resources Inc.

Corporate Family Rating, Downgraded to C from Caa3

Probability of Default Rating, Downgraded to C-PD /LD
(/LD Appended) from Caa3-PD

Senior Secured Regular Bond/Debenture, Downgraded to C
from Caa3

Outlook Actions:

Issuer: Tacora Resources Inc.

Outlook, Remains Negative

RATINGS RATIONALE

On May 11, 2023, Tacora completed a consent solicitation process to
make certain amendments to the terms under the notes, including a
60-day grace period for missed interest payments.  An additional
amendment was made on June 23, which allowed for a 120 day grace
period. In addition the company issued $27 million of senior
secured priority notes due Sept. 8, 2023 (not rated). The existing
rated secured notes are subordinated to the new priority notes.

Tacora's C CFR reflects its: 1) heavily levered capital structure
that Moody's views as unsustainable and that it may be unable to
continue as a going concern ; 2) weak liquidity and available
sources of funding are insufficient to fund ongoing negative free
operating cash flow generation; 3)a history of operational under
performance and execution risk in ramping production to 6 million
tonnes per year from about 3.2 million tonnes and reducing high
operating costs (FOB cash cost Pointe Noire of $105/dry tonne) in
2022; 4) a concentration of cash flows from one metal (iron ore),
which has volatile pricing; and 5) a single mine site with a small
production relative to the major iron ore miners globally. The
company benefits from 1) high grade iron ore (65.6% Fe) produced at
the Scully Mine; and 2) the mine's location in Labrador Canada, an
established iron ore mining region with access to infrastructure
including rail.

Tacora's $215 million secured notes (due May 2026) are rated in
line with the C CFR as they comprise the preponderance of the
capital structure and reflects the below average recovery for the
debt in default. The existing rated secured notes are subordinated
to the new $27 million priority notes, but Moody's expects the
other secured debt in the form of an advanced payments facility
($30 million), senior hedging facility ($25 million) and secured
equipment loans (about $30 million) to achieve a better recovery
than the secured notes.

The negative outlook reflects Tacora's inadequate liquidity and the
heightened risk of default.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if the company is able to secure
funding to cover its financial obligations and company reduces debt
sufficiently to achieve a tenable capital structure with improved
liquidity.

The ratings will be downgraded if the company defaults.

The principal methodology used in these ratings was Mining
published in October 2021.

Headquartered in Montreal, Quebec, Tacora Resources Inc. has one
operating mine in Canada, the Scully Mine in Wabush, Newfoundland
and Labrador.


TANNER CONSTRUCTION: Wins Interim Cash Collateral Access
--------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Florida,
Gainesville Division, authorized Tanner Construction Group, LLC to
use cash collateral on an interim basis in accordance with the
budget.

The Debtor is permitted to use cash collateral on an interim basis
to pay: (a) amounts expressly authorized by the Court, including
payments to the subchapter V Trustee and (b) the current and
necessary expenses set forth in the budget.

The U.S. Small Business Administration, Pay Pal LoanBuilder and
Libertas Funding, LLC have potential liens on the cash collateral.
As adequate protection, the Secured Creditors are granted a
postpetition lien on cash collateral which was in existence as of
the bankruptcy filing date, and which arises after the filing, to
the same extent and with the same validity and priority as any
prepetition lien held by any such Secured Creditor. The validity,
priority and extent of any such pre-petition liens will be subject
to further Court review.

The Debtor will maintain insurance coverage for its property in
accordance with the obligations under any loan and security
documents with any of the Secured Creditors.

A copy of the Court's order and the Debtor's budget is available at
https://urlcurt.com/u?l=3MVNbU from PacerMonitor.com.

The Debtor projects total expenses, on a monthly basis, as
follows:

     $182,775 for June 2023;
     $573,523 for July 2023; and
     $324,943 for August 2023.

              About Tanner Construction Group, LLC

Tanner Construction Group, LLC sought protection under Chapter 11
of the U.S. Bankruptcy Code (Bankr. N.D. Fla. Case No. 23-10112) on
June 16, 2023. In the petition signed by Christopher M. Tanner,
managing member, the Debtor disclosed $510,198 in assets and
$1,859,277 in liabilities.

Lisa C. Cohen, Esq., at Ruff & Cohen, P.A., represents the Debtor
as legal counsel.



TECHNICOLOR CREATIVE: $42M Bank Debt Trades at 16% Discount
-----------------------------------------------------------
Participations in a syndicated loan under which Technicolor
Creative Services USA Inc is a borrower were trading in the
secondary market around 84 cents-on-the-dollar during the week
ended Friday, June 30, 2023, according to Bloomberg's Evaluated
Pricing service data.

The $42.1 million facility is a payment-in-kind Term loan that is
scheduled to mature on September 28, 2026.  The amount is fully
drawn and outstanding.

Technicolor Creative Services USA, Inc. offers motion picture
services. The Company provides VFX, animation, sound, mastering,
versioning, digital distribution, device interconnection,
technology licensing, patent licensing, and brand licensing
services. Technicolor Creative Services USA serves customers
worldwide.



TEREX CORP: S&P Alters Outlook to Positive, Affirms 'BB-' ICR
-------------------------------------------------------------
S&P Global Ratings revised its outlook on Terex Corp., a U.S.-based
manufacturer of heavy equipment, to positive from stable. S&P also
affirmed its 'BB-' rating on Terex.

The positive outlook reflects S&P's expectation that it could raise
its ratings on Terex over the next year if it demonstrates a
continued commitment to maintaining this leverage.

S&P said, "If Terex maintains low leverage near the current level,
we believe it can sustain S&P Global Ratings-adjusted EBITDA below
4x through the business cycle. In 2017-2019, the company divested
several underperforming businesses, which raised its S&P Global
Ratings-adjusted return on capital to 16% compared with about 10%
over 2012-2015. The divestitures also helped profitability.
Additionally, Terex repaid about $400 million of debt in 2017-2019,
reducing S&P Global Ratings-adjusted leverage to 2x, which more
than offset a smaller EBITDA base. Although leverage more than
doubled to 4.7x in 2020 as revenue fell 29%, a strong recovery in
demand and disciplined capital allocation during 2021 and 2022 have
since reduced it significantly to 1.5x last year. This compares
with 2010-2018 when adjusted debt to EBITDA was well above 2x. We
forecast leverage will be mid-1x in 2023 and 2024, even after
incorporating annual acquisition spending of $250 million and share
repurchases of up to $100 million.

"Demand will likely remain strong over the next year or two. We
think national equipment rental companies, which are Terex's
largest customers for Genie brand aerial work platforms (AWPs) and
telehandlers, will continue to see solid demand and forecast their
capital expenditure (capex) will remain elevated through 2024. This
demand is driven in part by industry-wide trends, including
investment in U.S. public infrastructure and private firms' greater
focus on domestic manufacturing and sourcing. Likewise, we see
global transportation infrastructure construction and maintenance
fueling demand for the Terex's crushing, screening, and cement
equipment because this activity requires a high volume of
aggregates, such as crushed stone, gravel, sand, and concrete.

"We forecast revenue growth of 9% in 2023 and 5% in 2024, excluding
acquisitions. Supply chain constraints on component availability
have prevented leading aerial and aggregate equipment manufacturers
from producing at peak capacity over the past two years. This has
kept equipment supply tight as demand recovered robustly from the
2020 recession. We think supply chains and component availability
will continue to improve throughout 2023. In 2024 we believe supply
and demand will be more balanced and anticipate growth much closer
to U.S. GDP. Though the company sells AWPs globally, the U.S. is by
far its largest market for this equipment. Similarly, the dealer
network through which Terex sells most of its materials processing
(MP) equipment has less inventory than it did prior to 2020. We
also expect this to normalize in 2024.

"Operating leverage and cost discipline should drive higher
profitability and free cash flow through 2024. We anticipate
revenue growth combined with operating leverage will drive gross
margin expansion. Heavy equipment markets will remain competitive,
but we think the company can increase prices enough to offset
inflation on a dollar basis, as it did in 2022, as long as demand
remains solid. Although Terex will probably experience some labor
inflation, increased labor efficiency at its new Monterrey, Mexico
facility likely offsets this. After bringing down selling, general,
and administrative (SG&A) expense as a percent of revenue to well
under 11% in 2022 compared with 12-13% in 2018-19, we expect the
company will remain disciplined. We anticipate SG&A margin will
increase somewhat but remain 11% or lower. The growth we forecast
likely requires a lower level of working capital investment than
2021 and 2022, so we forecast higher profitability will fall
through to FOCF. We anticipate that higher FOCF will mostly fund
share buybacks and acquisitions. Acquisitions and share repurchases
could increase debt somewhat through 2024, but stronger volume and
profitability likely offset this and improve credit ratios.

"Terex's end-market demand will remain cyclical. We expect demand
for Genie and MP equipment will be driven by nonresidential
construction--more than half the company's sales--although we think
Genie will be skewed toward private investment in structures in the
U.S. and Europe while MP is likely to be driven by global
investment in infrastructure. Notwithstanding the infrastructure
investment tailwinds we expect over the next two years,
nonresidential construction activity will remain cyclical, as will
demand from industrial applications like manufacturing.
Additionally, leading equipment rental companies can cancel orders
at short notice. As a partial offset, about one quarter of the
company's revenue comes from end markets with somewhat less
cyclical end market activity, such as maintenance, tree care, and
utility. Utility equipment, which is part of the AWP segment, is
likely to be particularly stable because investor-owned utilities,
which generally have stable capex patterns, are its largest
customers.

"Operating performance and credit metrics will exhibit similar
cyclicality. The cost structure of the AWP segment has improved
somewhat over the past five years. We forecast operating margin of
about 11% in 2023, compared with 10.2% in 2018. This is low
compared with the company's MP segment and other manufacturers we
rate, and it amplifies the effect of operating leverage on the
company's credit metrics. Therefore, we still expect Terex's EBITDA
will fall by half or more from its peak, despite our expectation
for decremental margins of 20%-30% in both segments in the next
cyclical downturn.

"The positive outlook reflects our expectation that a cyclical
upswing and more conservative financial policies could generate
debt to EBITDA below 2x for a third consecutive year in 2023, and
potentially in 2024.

"We could raise our rating on Terex if we believe S&P Global
Ratings-adjusted leverage will remain below 4x throughout the
business cycle. This could occur if financial policy supports
maintaining S&P Global Ratings-adjusted debt to EBITDA below 2x
amid strong demand, which we believe should provide enough cushion
to keep leverage below 4x during cyclical downturns.

"We could revise the outlook back to stable if we expect S&P Global
Ratings-adjusted debt to EBITDA will increase above 2x amid strong
demand. This could occur if acquisitions and share buybacks raise
S&P Global Ratings-adjusted debt to EBITDA for an extended period,
reducing cushion for the company's credit measures to weather a
cyclical downturn."

ESG credit indicators: E-2, S-2, G-2

ESG factors have no meaningful influence on S&P's credit rating
analysis of Terex.



TEXAS CORE: Sale of Personal and Real Properties in Kilgore OK'd
----------------------------------------------------------------
Judge Robert L. Jones of the U.S. Bankruptcy Court for the Northern
District of Texas authorized Texas Core Energy, LLC, to market and
sell its personal property assets and its real property located in
Kilgore, Texas.

Each such completed sale will be free and clear of all liens,
claims, and encumbrances, and is further subject to the terms and
conditions set forth in the Motion through the Auction.

The marketing and auction process for the sale of the Personal
Property Assets will begin within 14 days of the entry of the Order
and will run for a period not less than 45 days.

The Debtor and KD Auctions will establish in writing for each of
the Personal Property Assets deemed by the parties to be a
big-ticket item a reserve price which reserve price will be agreed
upon by Pioneer Bank, FSB.

All sales proceeds from the sale of the Personal Property Assets,
net of court-approved compensation for the commission and expenses
of KD
Auctions, will be deposited in the Debtor's DIP bank account
associated with its tank and vessel division, pending distribution
via separate Court order.

Any of the Personal Property Assets not sold via auction remain the
property of the Debtor, and the Debtor will be responsible for any
future sale, abandonment, or disposal of same.

The Debtor is authorized to market and conduct an auction of the
real property owned by the Debtor in Kilgore, Texas with the
purpose of the auction to locate a buyer for the Real Property;
provided, however, the Debtor will file a separate motion seeking
authority to sell the Real Property if and when the auction results
in a proposed purchaser of the Real Property.  The Debtor may seek
expedited consideration of such motion to sell the Real Property.

The sale of the Real Property will be subject to a reserve price
determined in writing by the agreement of the Debtor, KD Auctions,
and Pioneer Bank, FSB.  If the auction of the Real Property does
not result in offers at or exceeding the reserve price, the Debtor
will not be entitled to seek authority to sell the Real Property
for a price lower than the reserve price without the express,
written agreement of Pioneer Bank, FSB.

The marketing and auction process for the sale of the Real Property
will begin within 14 days of the entry of the Order and will run
for a period not less than 45 days.

Any and all compensation or payment owed by the Debtor to KD
Auctions for the sale of the Personal Property Assets or the Real
Property is
governed by separate order of the Court.

KD Auctions, its successors, affiliates, or assigns, will not be
entitled to bid or purchase any of the Personal Property Assets or
the Real Property as part of the auction process notwithstanding
any reservation of rights contained in the auction contract between
the Debtor and KD Auctions.

Pioneer will retain its rights to credit bid on the sale of the
Real Property at the auction and will be a qualified bidder in
connection with same.

The Order will be effective immediately upon entry, without regard
to Bankruptcy Rule of Procedure 6004(h).

                     About Texas Core Energy

Texas Core Energy, LLC is engaged in the design and fabrication of
API Tanks and ASME Vessels.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Tex. Case No. 23-50021) on Feb. 14,
2023. In the petition signed by Taha Habib, manager, the Debtor
disclosed up to $10 million in assets and up to $50 million in
liabilities.

Judge Robert L. Jones oversees the case.

Brad W. Odell, Esq., at Mullin Hoard & Brown, LLP, represents the
Debtor as legal counsel.



THREE AMINOS: Michael Abelow Named Subchapter V Trustee
-------------------------------------------------------
The Acting U.S. Trustee for Region 8 appointed Michael Abelow,
Esq., at Sherrard Roe Voigt & Harbison, PLC, as Subchapter V
trustee for Three Aminos, LLC.

Mr. Abelow will be paid an hourly fee of $425 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

Mr. Abelow declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Michael G. Abelow, Esq.
     Sherrard Roe Voigt & Harbison, PLC
     150 3rd Ave. South, Suite 1100
     Nashville TN 37201
     Phone: (615) 742-4532
     Email: mabelow@srvhlaw.com

                        About Three Aminos

Three Aminos, LLC, a company in Franklin, Tenn., filed Chapter 11
petition (Bankr. M.D. Tenn. Case No. 23-02202) on June 21, 2023,
with $100,000 to $500,000 in assets and $1 million to $10 million
in liabilities. Laura Lile, authorized representative, signed the
petition.

Judge Charles M. Walker oversees the case.

Austin L. McMullen, Esq., at Bradley Arant Boult Cummings, LLP is
the Debtor's counsel.


TIMOTHY MCCALLAN: Heritage Online Sale of Melbourne Property Okayed
-------------------------------------------------------------------
Judge Christopher L. Hawkins of the U.S. Bankruptcy Court for the
Middle District of Alabama authorizes Timothy Thomas McCallan to
sell the Estate's interest in the real property located at 6730
Still Point Drive, in Melbourne, Florida 32940.

The auction will be held online at www.heritagesales.com or
www.heritagerealtyandauction.com.

Heritage Realty & Auction Co., Inc., was set to conduct the online
auction with it starting on June 21, 2023, at 1:00 p.m. (EST).  If
no acceptable bids are entered prior to the conclusion of the
auction the property will be removed from the auction and relisted
at a later date.

The sale is open to the public and the property is available for
inspection by contacting Heritage Realty & Auction Co., Inc. at
205-661-0600 to arrange inspection prior to June 21, 2023.

The bankruptcy case is In re: Timothy Thomas McCallan, Case No.
17-30961 (Bankr. M.D. Ala.).



TIMOTHY MCCALLAN: Heritage Online Sale of Personal Property Okayed
------------------------------------------------------------------
Judge Christopher L. Hawkins of the U.S. Bankruptcy Court for the
Middle District of Alabama authorizes Timothy Thomas McCallan to
sell the Estate's interest in the personal property located at 6730
Still Point Drive, in Melbourne, Florida 32940.

The personal property consists of various household items to
include: household furnishings, jewelry, arcade equipment, and
other items.

The auction will be held online at www.heritagesales.com or
www.heritagerealtyandauction.com.

Heritage Realty & Auction Co., Inc., was set to conduct the online
auction with it starting on June 21, 2023, at 1:00 p.m. (EST).  If
no acceptable bids are entered prior to the conclusion of the
auction the property will be removed from the auction and relisted
at a later date.

The sale is open to the public and the property is available for
inspection by contacting Heritage Realty & Auction Co., Inc. at
205-661-0600 to arrange inspection.

The bankruptcy case is In re: Timothy Thomas McCallan, Case No.
17-30961 (Bankr. M.D. Ala.).



TIMOTHY WAYNE LAQUAY: $605K Sale of Port Lavaca Property Okayed
---------------------------------------------------------------
Judge Christopher Lopez of the U.S. Bankruptcy Court for the
Southern District of Texas authorized Catherine S. Curtis, the
Chapter 7 trustee for the bankruptcy estate of Timothy Wayne LaQuay
and Linda Fisher LaQuay, to sell the real property located at 908
W. Main, in Port Lavaca, Texas 77979, to Sailor Harbor LLC and/or
its assigns for $605,000.

The Buyer will pay purchase price upon the closing of the sale.

The sale is free and clear of all liens, claims, and encumbrances,
excepting the 2023 ad valorem tax lien on the property, which will
remain attached to the property until the 2023 taxes, including any
and all applicable penalties and interest thereon, are fully paid
by the Buyer.  Any valid lien, claim, or encumbrances on the 908
Main Property, excepting the 2023 ad valorem tax lien, that is not
paid at closing pursuant to the Order will attach to the proceeds
of the sale.

The title company closing the sale is authorized and directed to
pay reasonable and customary closing expenses, including the real
estate brokers' sales commissions, title policy fees, escrow fees,
delinquent property taxes, tax certificates, and delivery fees.

The net proceeds remaining after the satisfaction of the Closing
Expenses (the "PCB Proceeds") will be disbursed in accordance with
the terms of the Liquidation Agreement.

The Challenger Vehicle Lifts identified in the Sale Agreement and
located at the 908 Main Property will be removed by Automotive
Fleet Enterprises, Inc. ("AFE") following, and not before, closing.
AFE will bear all costs and risk associated with the removal of
the Lifts.

Notwithstanding Bankruptcy Rule 6004(h), the Order is effective and
enforceable immediately upon entry.

Timothy Wayne LaQuay and Linda Fisher LaQuay sought Chapter 11
protection (Bankr. S.D. Tex. Case No. 21-60087) on Nov. 2, 2021 at
Boniface Brittany, Esq., as counsel.



TOSCA SERVICES: $626M Bank Debt Trades at 19% Discount
------------------------------------------------------
Participations in a syndicated loan under which Tosca Services LLC
is a borrower were trading in the secondary market around 81.5
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $626.5 million facility is a Term loan that is scheduled to
mature on August 18, 2027.  About $612.9 million of the loan is
withdrawn and outstanding.

Tosca Services, LLC manufactures and supplies container solutions.
The Company offers plastic containers to transport fruit and
vegetable, egg, poultry, meat, and cheese products. Tosca Services
serves growers, suppliers, food manufacturers, and retailers in
North America.



TRANSIT PHYSICAL: U.S. Trustee Appoints Tamar Terzian as PCO
------------------------------------------------------------
Peter Anderson, the U.S. Trustee for Region 16, appointed Tamar
Terzian as patient care ombudsman for Transit Physical Therapy PC.

The appointment was made pursuant to the order from the U.S.
Bankruptcy Court for the Central District of California approving a
stipulation for the appointment of a PCO. The U.S. Trustee is
authorized to appoint a PCO in this case under Section 333(a)(1) of
the Bankruptcy Code.

Ms. Terzian declared in a court filing that she is a "disinterested
person" pursuant to Section 101(14) of the Bankruptcy Code.

                  About Transit Physical Therapy

Transit Physical Therapy, PC offers personal rehabilitation
services including physical therapy, occupational therapy, and
speech and language pathology. It is based in San Bernardino,
Calif.

Transit Physical Therapy sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. C.D. Calif. Case No. 23-11057) on
March 20, 2023, with $2,700,328 in assets and $4,147,237 in
liabilities. Mitree Michael Piromgraipakd, president, signed the
petition.

Judge Scott H. Yun oversees the case.

Todd Turoci, Esq., at the Turoci Firm, represents the Debtor as
legal counsel.


TRISTAR DRYWALL: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------------
Debtor: TriStar Drywall, Inc.
        8599 Prairie Trail Dr. #500
        Englewood, CO 80112

Business Description: TriStar is a Colorado based drywall
                      contractor.

Chapter 11 Petition Date: July 2, 2023

Court: United States Bankruptcy Court
       District of Colorado

Case No.: 23-12920

Debtor's Counsel: Katharine Sender, Esq.
                  COHEN & COHEN, P.C.   
                  1720 S Bellaire St., Suite 205
                  Denver, CO 80222
                  Tel: 303-933-4529
                  Email: ksender@cohenlawyers.com

Total Assets: $3,416,659

Total Liabilities: $2,613,910

The petition was signed by Daniel Haltom as president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at PacerMonitor.com at:

https://www.pacermonitor.com/view/Z54J7JA/TriStar_Drywall_Inc__cobke-23-12920__0004.0.pdf?mcid=tGE4TAMA

A full-text copy of the petition is available for free at
PacerMonitor.com at:

https://www.pacermonitor.com/view/ZJA3D4A/TriStar_Drywall_Inc__cobke-23-12920__0001.0.pdf?mcid=tGE4TAMA


TYSON FAMILY: Jennifer Bennington Named Subchapter V Trustee
------------------------------------------------------------
The U.S. Bankruptcy Administrator for the Eastern District of North
Carolina appointed Jennifer Bennington as Subchapter V trustee for
Tyson Family Farms, Inc.

                     About Tyson Family Farms

Tyson Family Farms, Inc. filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. E.D.N.C. Case No.
23-01738) on June 23, 2023, with $1 million to $10 million in both
assets and liabilities. Jeffery V. Tyson, president, signed the
petition.

Judge Pamela W Mcafee oversees the case.

David J. Haidt, Esq., at Ayers & Haidt, PA is the Debtor's legal
counsel.


UNITED SAFETY: Soneet Kapila Named Subchapter V Trustee
-------------------------------------------------------
The U.S. Trustee for Region 21 appointed Soneet Kapila of Kapila
Mukamal as Subchapter V trustee for United Safety and Alarms, Inc.

Mr. Kapila will be paid an hourly fee of $450 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Mr. Kapila declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Soneet R. Kapila
     Kapila Mukamal
     1000 South Federal Highway, Suite 200
     Fort Lauderdale, FL 33316
     Tel: (954) 761-1011
     Email: skapila@kapilamukamal.com

                        About United Safety

United Safety and Alarms, Inc. has developed and implemented
comprehensive security and surveillance systems for homes,
businesses, events and government organizations and home security
systems in North West, Fla.

The Debtor filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 23-14861) on June 21,
2023, with $1 million to $10 million in both assets and
liabilities.  Sherif Assal, sole director, signed the petition.

Judge Scott M. Grossman oversees the case.

Paul J. Battista, Esq., at Venable, LLP is the Debtor's legal
counsel.


UNIVERSAL DOOR: Addresses UST's Disclosure Objections
-----------------------------------------------------
Universal Door and Window Manufacture, Inc., responded to the U.S.
Trustee's objections to its Disclosure Statement.

On June 13, 2023, the U.S. Trustee filed its "position" as to
Debtor's disclosure statement.  In its "position" the UST submits a
series of objections, the majority of which are confirmation issues
that are not ripe at this juncture.  However, the Debtor will
proceed to answer the objections in the same order these were
presented by the UST.

At paragraph 5 the UST states: "The Debtor will have to make high
monthly payments under its proposed Plan. According to the
Disclosure Statement, Debtor proposes to pay its different
creditors approximately $13,155 a month, mostly under a five-year
payment plan. The operating reports filed during the pendency of
the case, covering the months of July 2022 to April 2023, reflect
that Debtor has only posted an average net monthly income of
$3,073. Even considering that Debtor appears to be already paying
$5,000 a month in adequate protection payments to Banco Popular,
Debtor still faces a shortfall of approximately $5,000 each month
with respect to the payments it is promising to the creditors."

At paragraph 7 of its motion, the UST states: "The proposed
treatment to the U.S. Department of the Treasury ("Treasury") is
unclear. Debtor scheduled this creditor with a secured claim of
$1,553,083 on Schedule D. (Docket No. 1). The Disclosure Statement,
however, states that Treasury is partially secured in the amount of
$471,978, and that its claim will be paid in monthly installments
of $2,533, including principal and interest at 5%, until the claim
is paid in full. The Disclosure Statement does not inform when said
payments are scheduled to begin, or when they will end.
Additionally, Debtor has not filed a motion under Rule 3012(c) to
"strip down" Treasury's lien from approximately $1.5 million to
$471,978."

At paragraph 9 of its motion the UST states the following: "As to
the priority tax claims, Debtor proposes to pay them in 60 equal
monthly installments, beginning on the effective date and
continuing for the next 59 months. Assuming the effective date
takes place in September 2023, the payments would thus stretch out
until August 2028. Since section 1129(a)(9)(C) requires that
priority tax claims be paid in full no later than five years after
the order for relief, i.e. July 5, 2027, the priority tax
creditors' claims should be classified as impaired, and their votes
solicited to comply with said provision. See In re Augusto's
Cuisine Corporation, 2017 WL 1169537, *8 (Bankr. D.P.R. March 28,
2017)."

Although the US Trustee may be right, there are many cases in which
those terms are extended. Small cases, in their efforts to
reorganize its debts, may extend those terms in order to pay 100%
of said claims. Furthermore, there have been many cases (A. Cordero
Badillo, IHOP, Star Ready Mix, to name a few) that even when the
priority tax claims were not fully paid, the plans were confirmed
by the Court, because it was ruled to be in the best interest of
the bankruptcy estate and its creditors. Notwithstanding, and even
tough all priority claims are being paid in full, if thr Court
understands that the Disclosure Statement and Plan should be
amended to list the priority claimants as impaired, Debtor will
comply with said ruling.

Lastly, there are no avoidance actions that Debtor believes are
economically feasible to pursue at the present time and as such
none should be listed in the disclosure statement.

Attorney for the Debtor:

     Alexis Fuentes-Hernandez, Esq.
     FUENTES LAW OFFICES, LLC
     P.O. Box 9022726
     San Juan, PR 00902-2726
     Tel: (787) 722-5215, 5216
     Fax: (787) 483-6048
     E-mail: fuenteslaw@icloud.com

                      About Universal Door

Universal Door and Window Manufacture, Inc., a company based in San
Sebastian, P.R., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. P.R. Case No. 22-01961) on July 5, 2022,
disclosing $1.54 million in assets and $2.86 million in
liabilities. Judge Enrique S. Lamoutte oversees the case.

Alexis Fuentes-Hernandez, Esq., at Fuentes Law Offices, LLC and CPA
Luis R. Carrasquillo & Co., P.S.C. serve as the Debtor's legal
counsel and financial consultant, respectively.


VERITAS US: EUR748M Bank Debt Trades at 17% Discount
----------------------------------------------------
Participations in a syndicated loan under which Veritas US Inc is a
borrower were trading in the secondary market around 82.7
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The EUR748.6 million facility is a Term loan that is scheduled to
mature on September 1, 2025.  The amount is fully drawn and
outstanding.

Veritas US Inc. designs and develops enterprise software solutions.


WE KICK BRASS: Court OKs Interim Cash Collateral Access
-------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Florida,
West Palm Beach Division, authorized We Kick Brass, LLC, to use
cash collateral on an interim basis in accordance with the budget.

A further hearing on the matter is set for July 26, 2023 at 1:30
p.m.

As adequate protection, Vox Funding, will have, nunc pro tunc as of
the commencement of the Chapter 11 cases, a replacement lien
pursuant to 11 U.S.C. section 361(2) on and in all property of the
Debtor acquired or generated after the Petition Date, but solely to
the same extent and priority, and of the same kind and nature, as
the property of the Debtor securing the prepetition obligations to
Vox Funding under the Pre-Petition Loan Documents.

Vox Funding will not have or be granted a Replacement Lien on or
against any claims or causes of action arising under 11 U.S.C.
sections 542 through 550 or on or against the proceeds of the
Avoidance Actions.

In the event that diminution occurs in the value of cash collateral
from and after the Petition Date as a result of the Debtor's use
thereof in an amount in excess of the value of the Replacement
Liens granted, then Vox Funding will be granted an administrative
claim under 11 U.S.C. section 507(b), with priority over all other
administrative expense claims, subject to the Carve Out.

Commencing July 1, 2023 and continuing on the 1st day of each month
thereafter, until otherwise ordered by the Court, the Debtor will
make adequate protection payments to Vox Funding in the amount of
$1,000 each per month.

                   About We Kick Brass, LLC

We Kick Brass, LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Fla. Case No. 23-14789) on June 20,
2023. In the petition signed by Dawn Perez, manager member, the
Debtor disclosed up to $500,000 in both assets and liabilities.

Judge Erik P. Kimball oversees the case.

Brian K. McMahon, Esq., at Brian K. McMahon, PA, represents the
Debtor as legal counsel.






WELCH & WELCH: Kizer Bonds Represents Nutrien, Helena
-----------------------------------------------------
Stephen L. Hughes, and the Law Firm of Kizer, Bonds, Hughes &
Bowen, PLLC, pursuant to F.R.B.P. Rule 2019, disclose that they
represent these creditors in the Chapter 11 bankruptcy case of
Welch & Welch Planting Company LLC:

   * Helena Agri-Enterprises, LLC
     f/k/a Helena Chemical Company
     255 Schilling Blvd, Suite 200
     Collierville, TN 38017-2279

   * Nutrien Ag Solutions, Inc.
     105 N 5th Street
     Union City TN 38261

The firm can be reached at:

         Stephen L. Hughes, Esq.
         KIZER, BONDS, HUGHES & BOWEN, PLLC
         P.O. Box 320
         Milan, TN 38358
         Tel: (731) 686-1198

                   About Welch & Welch Planting

Based in Dyersburg, Tennessee, Welch & Welch Planting Company LLC
is involved in the farming business.

Welch & Welch Planting Company filed a petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Tenn. Case No.
23-10623) on Sept. 22, 2022. Bankruptcy Judge Jimmy L Croom
oversees the case.

In the petition filed by Joe Welch, as president, the Debtor
reported assets and liabilities between $1 million and $10 million.
The petition states that funds will be available to unsecured
creditors.

The Debtor is represented by:

     T. Verner Smith, Esq.
     Law Office of Verner Smith
     1076 Lennox Nauvoo Rd
     Dyersburg, TN 38024


WESCO AIRCRAFT: S&P Lowers ICR to 'D' on Bankruptcy Filing
----------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Wesco
Aircraft Holdings Inc. (doing business as Incora) to 'D' from
'CCC+'. Concurrently, S&P lowered its issue-level rating on the
company's senior secured debt to 'D' from 'CCC+' and its senior
unsecured debt to 'D' from 'CCC-'.

The downgrade reflects Wesco Aircraft Holdings Inc.'s bankruptcy
filing.

The company filed a customer motion seeking court permission to
continue to support its operations and its customers during the
court-supervised process. Wesco has entered into an agreement with
its lenders, subject to court approval, providing about $300
million in debtor-in-possession financing to assist in these
efforts.



WESLEY ENHANCED: Fitch Affirms 'BB' IDR, Outlook Stable
-------------------------------------------------------
Fitch Ratings has affirmed Wesley Enhanced Living's (WEL) Issuer
Default Rating (IDR) and ratings on revenue bonds issued by
Philadelphia Authority for Industrial Development on behalf of WEL
at 'BB'.

The Rating Outlook is Stable.

RATING ACTIONS

ENTITY / DEBT                           RATING         PRIOR  
-------------                           ------         -----
Wesley Enhanced Living (PA)     LT IDR   BB   Affirmed   BB

Wesley Enhanced Living (PA)
/General Revenues/1 LT          LT       BB   Affirmed   BB

The Stable Outlook reflects Fitch's expectation that WEL's
occupancy and financial performance have stabilized following
skilled nursing census declines on operating performance that were
compounded by labor pressures and high levels of bad debt expense.

After achieving improved operating performance in FY21, WEL's FY22
operating results turned negative and remained weak in the first
quarter of FY23, despite improved occupancy across the care
continuum, the result of labor expense pressures after the
community. However, with the receding pandemic, operating
improvement initiatives, and higher occupancy and census levels,
Fitch believes that WEL is better positioned financially today than
it has been over the past two years. While Fitch expects some
ongoing labor and other inflationary pressures to continue over the
near to intermediate term, we also expect WEL to achieve its
minimum rate covenant, particularly given management's efforts to
rein in bad debt expense and adopt revenue and expense improvement
initiatives.

However, WEL's high exposure to skilled nursing revenues and
governmental payors, its thin historical operating performance, and
just adequate liquidity provide only a limited financial cushion at
the current rating level to absorb prolonged disruptions to
operations, as reflected in affirmation of the 'BB' rating.

SECURITY

The bonds are secured by pledged revenues of the obligated group
(OG), a mortgage lien on various WEL communities, and a debt
service reserve fund (DSRF).

KEY RATING DRIVERS

Revenue Defensibility - 'bbb'

Solid Historical Demand

WEL's enjoys favorable historical census levels across all service
lines, which Fitch attributes to its pricing structure and
well-established reputation in the competitive and well penetrated
southeastern Pennsylvania market. Over the last four fiscal years,
WEL averaged 91% independent living unit (ILU) occupancy 86%
occupancy in its personal care (PC) units, and a 90% skilled
nursing facility (SNF) bed census. Following declines during the
pandemic, occupancy levels across its IL, PC, and SNF service lines
has stabilized, and for IL now exceeds the pre-pandemic level. SNF
occupancy is also stabilizing, and while improved overall, is
exceeding budget and higher than last year at two (of the four)
facilities.

In FY 2022 the SNFs experienced some census capping due to staffing
challenges but through a combination of hiring practices and
retention initiatives, WEL has been able to maintain adequate
staffing levels although wages and benefits are elevated as a
percentage of revenues. Fitch expects WEL's overall occupancy to
remain favorable in fiscal 2023 and over the medium term
particularly as it moves beyond pandemic challenges and given
renovation and repositioning projects at three of its five campuses
that were completed in the last five years.

WEL has a solid track record of annual increases in both its
monthly service and entrance fees. Over the past few years, WEL
increased its entrance fees and monthly fees by modest amounts to
maintain affordability with local housing costs. For fiscal 2023,
WEL materially increased entrance fees at two campuses to reflect
local market conditions but did not adjust entrance fees at three
campuses. Monthly increases by property ranged from 5% for IL;
5.0%-5.9% for PC, and 5%-8.4% for SNF (private pay). Fitch views
WEL's pricing flexibility as adequate, but somewhat limited, given
its value-based business model that traditionally provides for a
moderate and affordable pricing structure.

Operating Risk - 'bb'

Thin Operational Performance; High SNF Exposure

WEL's operating margins historically have been thin (or negative),
which Fitch attributes to its high concentration of SNF revenues
and governmental payors, as well as its moderately priced
contracts. WEL maintains high exposure to SNF and Medicaid
revenues, which Fitch views as an asymmetric risk to WEL's
operating risk profile. WEL's resident service revenues are heavily
concentrated in its SNF, which accounted for a high 46% of resident
service revenues in fiscal 2022. Additionally, Medicaid comprised a
very high 66% of total fiscal 2022 SNF revenues. The high
concentration to SNF revenues leaves WEL susceptible to changes in
governmental payor reimbursement and to staffing challenges,
particularly as experienced during the pandemic.

For its ILUs, WEL primarily offers traditional (non-refundable)
fee-for-service (Type-C) contracts. Each residency contract
requires an upfront entrance fee and ongoing monthly fees. Overall,
WEL's exposure to primarily non-refundable fee-for-service
contracts is viewed favorably as it eliminates actuarial risk and
any future service liability, and shifts the financial burden of
higher levels of care to residents. It also mitigates concerns over
short-term cash flow pressures if a large amount of ILUs turnover
in a given year.

Over the last four fiscal years, WEL averaged a 108% operating
ratio, negative 1.2% net operating margin (NOM), and 12.3%
NOM-adjusted (NOMA). In fiscal 2021 operating results benefitted
from a $7.1 million forgiven PPP loan and state local and federal
provider relief funding totaling $1.8 million. Absent new
supplemental funding, WEL's thin core operations create a reliance
on ILU turnover and net entrance fee receipts for total cash flow
and coverage levels.

WEL's first quarter fiscal 2023 results reflect unrealized losses
on its investment portfolio; however, operating results were
markedly improved relative to first quarter operating results last
year, and ahead of budget. Fitch expects fiscal 2023 to reflect
WEL's improved census, rate increases, and implemented revenue
cycle initiatives. Fitch expects operating results to be adequate
to achieve compliance with the 1.2x rate covenant and a 10%-12%
NOMA, which is in-line with pre-pandemic operating results and
adequate for the rating level.

With WEL's various campus renovation and repositioning projects
completed, WEL's capital spending is expected to be moderate over
the next several years, likely no more than 50%-75% of depreciation
(or $4 million to $6 million annually). Over the last four years,
capital spending averaged 163% of depreciation, which translated
into an adequate 14.9-year average age of plant at FYE 2022. No new
money debt issuance is planned, although if identified management
is open to strategic expansion opportunities.

Overall, WEL's debt burden is manageable. In fiscal 2022, WEL's
maximum annual debt service (MADS) equated to a manageable 11% of
total revenues. However, debt to net available and revenue-only
coverage measured a weaker 9.4x and negative 0.2x, respectively
reflecting fiscal 2022 portfolio stress, which for FY 2023
(to-date) is abating. Fitch expects WEL's capital-related metrics
to continue to experience some compression in fiscal 2023 and then
improve over the medium term as revenues and total cash flow levels
continue to recover.

Financial Profile - 'bb'

Adequate Liquidity; Inflationary Pressures

WEL's financial profile assessment is 'bb', reflecting its adequate
albeit modest liquidity position and the expectation for improving
MADS coverage levels over the next few years as inflationary labor
pressures abate and assuming routine increases in pricing at or
above the level of expense inflation. At FYE 2022, WEL had
approximately $32 million in unrestricted cash and investments,
equal to 157 days cash on hand (DCOH), 35% cash to adjusted debt,
debt to net available of 9.4x, and a 4.0x cushion ratio.

WEL benefitted from ILU turnover generating a robust and improved
$13.6 million of net entrance fees for FY 2022. All new entrance
fee agreements are fully amortizing providing for greater cash to
build up as units turn-over. Fitch believes WEL's key leverage and
liquidity metrics remain adequate for the current rating level, but
provide only limited financial flexibility and are budgeted to be
weaker for FY 2023.

Fitch includes WEL's entrance fee reserve fund and self-insurance
reserves in the liquidity metric calculations, and its DSRF in the
cash to adjusted debt calculation. Fitch believes WEL's liquidity
position is adequate for the rating level given its revenue
diversification, solid historical demand, and exposure to fully
amortizing and non-refundable Type-C contracts (except for the few
remaining legacy agreements).

After not meeting its 1.2x minimum rate covenant in fiscal 2020 WEL
engaged a consultant and improved collections, reducing bad debt
expense to $810,000 in fiscal 2022, and $891,000 in fiscal 2021
from $2.2 million in fiscal 2020. WEL's 1.63x debt service coverage
at FY 2022 exceeded the 1.2x rate covenant per WEL's formal
compliance calculation (Fitch's MADS coverage calculation was
1.5x).

With ongoing operational improvement initiatives, particularly with
respect to labor, and stable to improving occupancy and census
levels, Fitch believes WEL has modest but adequate financial
flexibility at the current rating level to absorb some ongoing
labor expense and other pressures. Fitch expects WEL's revenue
growth will outpace expense growth which Fitch believes is
achievable given WEL's historically solid demand indicators. Under
these assumptions, WEL's key leverage metrics and coverage levels
steadily improve, but remain consistent with its 'bb' financial
profile assessment.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

-- Failure to meet the minimum 1.2x rate covenant;

-- Deterioration in liquidity levels that result in cash to
    adjusted debt below 30% or DCOH below 150 days, that is
    sustained over time.

-- Any adverse changes to the SNF landscape or governmental
    reimbursement modifications.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

-- Retention of occupancy and census across all service lines at
    robust and/or pre-pandemic levels;

-- Improved unrestricted reserves and cash flow levels such that
    sustained cash to adjusted debt is at least 50% and;

-- MADS coverage is greater than 1.5x sustained for multiple
    consecutive years.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Sovereigns, Public Finance
and Infrastructure issuers have a best-case rating upgrade scenario
(defined as the 99th percentile of rating transitions, measured in
a positive direction) of three notches over a three-year rating
horizon; and a worst-case rating downgrade scenario (defined as the
99th percentile of rating transitions, measured in a negative
direction) of three notches over three years. The complete span of
best- and worst-case scenario credit ratings for all rating
categories ranges from 'AAA' to 'D'. Best- and worst-case scenario
credit ratings are based on historical performance.

PROFILE

Evangelical Services for the Aging (d/b/a Wesley Enhanced Living or
WEL) was founded to operate and manage life plan communities (LPCs)
and other senior living facilities in and around Philadelphia, PA.
The WEL OG owns and operates five separate LPCs with a combined
1,231 units (635 ILUs, 236 PCUs, and 360 SNF beds) across its five
OG campuses.

Other members of the OG are WEL, WEL Foundation, and WEL Home
Partners. Through an affiliated limited partnership, WEL also owns
and operates Burholme, a PC community that sits outside of the OG.
Fitch's analysis is based upon the OG, which reported $162.9
million in total assets and $75.6 million of operating revenues for
fiscal 2022.


WESTERN GLOBAL: Fitch Withdraws CCC- Issuer Default Rating
----------------------------------------------------------
Fitch Ratings has withdrawn Western Global Airlines' Issuer Default
Rating and senior unsecured bond ratings due to lack of
information.

Fitch has withdrawn the ratings as Western Global Airlines has
chosen to stop participating in the rating process. Therefore,
Fitch will no longer have sufficient information to maintain the
ratings. Accordingly, Fitch will no longer provide ratings or
analytical coverage for Western Global Airlines. Prior to the
withdrawal, Western Global Airlines' IDR was 'CCC- ' and its
unsecured bond rating was 'CC/RR5'.

ISSUER PROFILE

WGA is an international cargo airline. It provides air freight
services to large e-commerce, express, airlines, logistics
companies as well as governments and NGOs. WGA has a vertically
integrated model with significant heavy maintenance and engine
capabilities through its in-house MRO facility.


WHO DAT?: Files Immaterial Modifications of Plan
------------------------------------------------
Who Dat?, Inc., filed Second Immaterial Modifications of the
Debtor's Second Amended Plan of Reorganization.  The immaterial
modifications as of June 16, 2023 are struck and replaced as
follows:

Subpart C of "Background for Case Under Subchapter V" is amended
and restated (with amendments underlined) in its entirety as
follows:

The Debtor, as proponent of the Plan, must also show that it will
have enough cash over the life of the Plan to make the required
Plan payments and operate the Debtor's business. Attached as
Exhibit B is a financial projection prepared by the Debtor. The
Debtor's financial projections show that the Debtor will have
"disposable income," as that term is defined under 11 U.S.C.
section 1191(d), for the period of 3 years provided in Section
1191(c)(2). Additionally, the Letters of Credit (defined below)
will supplement and thereby provide a guarantee that the Debtor
will have enough cash to make the required Plan payments. The
Debtor anticipates it will make the final payment due under this
Plan on or before July 31, 2026.

The first sentence of the existing third paragraph of Article III,
Section 3.02 is amended and restated (with amendments underlined
and deletions) in its entirety as follows:

The Debtor will tender payments on allowed and unpaid
administrative expenses commencing on the later of: (i) 45 days
after the end of the first quarter after the effective date of this
Plan (estimated to be July 31, 2023) or (ii) 15 days after an order
approving the administrative expense becomes final. If necessary,
after the application of any retainer(s), the outstanding amount of
administrative expenses will be paid on a pro rata basis until all
administrative expenses are paid in full.

The final paragraph of Article III, Section 3.02 is amended and
restated in its entirety (with amendments underlined) as follows:

However, IPC agrees to waive, forgive and not seek payment of its
post-petition administrative fees and costs incurred as special
counsel for the Debtor in the even this Plan becomes effective, and
upon the Effective Date of this Plan, IPC's administrative expense
claim shall be deemed released. Additionally, to the extent that
sufficient cash is available on the Effective Date, the Debtor
intends to pay the Allowed Administrative Claims of Dwayne Murray
as Subchapter V Trustee and Chaffe & Associates, Inc. in full, from
that available cash. In the event that there is not sufficient cash
available on the Effective Date to pay those Allowed Administrative
Claims in full, any remaining unpaid portion of those Allowed
Administrative Claims will be paid through pro rata quarterly
distributions under this Plan. Furthermore, Lugenbuhl, Wheaton,
Peck, Rankin & Hubbard as counsel for the Debtor agrees that, on
and after the Effective Date, it will receive in payment of its
Allowed Administrative Claim no more than 80% of any distribution
made during the term of this Plan such that Class 3 Non-Priority
Unsecured Creditors will receive at least the remainder of any
distribution made during the term of this Plan after payment of any
remaining Allowed Administrative Claims owed to the Subchapter V
Trustee or Chaffe & Associates have been paid in full. Finally, in
addition to the estimated amount of the administrative claim of the
Subchapter V Trustee indicated herein above, the Subchapter V
Trustee will receive a flat fee of $8,000 as compensation for his
services and reimbursement for any expenses incurred in relation to
his services under the terms of this Plan. Such fee will be paid in
12 equal installments and deducted from each of the distributions
under this Plan.

The treatment of Class 3 Non-Priority Unsecured Creditors included
in Article IV is amended and restated (with amendments underlined
and deletions) in its entirety as follows:

Class 3 is impaired by the Plan, and each holder of an allowed
Class 3 Non-Priority Unsecured Claim will receive their pro-rata
share of quarterly distributions of for a period of 3 years after
the effective date of this Plan and after payment and satisfaction
of any Administrative or Priority Claims as described and subject
to the provisions of Section 3.02 above. Specifically, this Plan
requires distributions of $10,000 for each of the first 2 quarters
after the Effective Date and $23,800 for the third and each
subsequent quarter after the Effective Date. Additionally,
beginning in the third quarter under the Plan, if the Debtor's net
income in any quarter during the term of the Plan exceeds $23,800,
20% of the amount of net income in excess of $23,800 shall be
included in the distribution for that quarter. Distributions will
be made no later than 45 days after the end of each quarter.
Although the Debtor and IPC do not believe that IPC is an insider
of the Debtor, the Plan treats that claim as a Class 4 Claim
without prejudice to the rights of the Debtor or IPC to assert that
it is not, in fact, an insider of the Debtor in the event that this
Plan is not confirmed.

Article V, Section 5.03 of the Plan is amended and restated (with
amendments underlined and deletions) in its entirety as follows:

5.03. Distribution Agent. Distributions provided for in this Plan
will be made by the Subchapter V Trustee. The Subchapter V Trustee
will file in the record of the case quarterly reports reflecting
the distributions made to allowed Claim holders during the
applicable time period; and the Subchapter V Trustee shall serve a
copy of the quarterly reports on the United States Trustee. Upon
completion of all Plan payments, the Subchapter V Trustee will
serve a final report and final account of the administration of the
estate on the United States Trustee for review, and after which it
shall file the final report and account into the record of the
case.

Article V, Section 5.05 of the Plan is amended and restated (with
amendments underlined and deletions) in its entirety as follows:

5.05. Default and Remedy. To the extent the Debtor does not make a
payment in accordance with this Plan, the Debtor agrees to cure
such default within 30 days of being provided notice of its
default. The Debtor also agrees pursuant to 11 U.S.C. section
1191(c)(3) that if the Debtor does not cure its default within this
30 day period, then as a remedy, the Debtor shall be liable to make
payments of all disposable income for 2 additional quarters after
the conclusion of the period provided in Article IV of this Plan.

Article VII of the Plan is amended and restated (with amendments
underlined and deletions) in its entirety as follows:

ARTICLE VII: MEANS FOR IMPLEMENTATION OF THE PLAN

This Plan will be funded by the ongoing operations of the Debtor
and as otherwise described below. The Debtor anticipates that Steve
Monistere and Greg Latham will continue in their respective
positions as President and Secretary of the Debtor. However, Steve
Monistere and Greg Latham shall not receive management fees or
compensation for their services as President and Secretary. To
ensure that distributions pursuant to the Plan exceed the
liquidation value set forth in Exhibit A, on or before the
Effective Date, Steve Monistere and Greg Latham will each provide
to the Subchapter V Trustee an Irrevocable Standby Letter of Credit
in favor of the Subchapter V Trustee as beneficiary up to the
maximum amount of $125,000 (together, the "Letters of Credit"). The
Debtor shall provide the Subchapter V Trustee with a report of its
total gross revenue and total necessary expenses for each quarter
after the Effective Date and deposit and deliver the net revenue
for each quarter within 15 business days after the end of each
quarter. If, in the first quarter or the second quarter, the net
revenue reported and delivered to the Subchapter V Trustee is less
than $10,000, the Subchapter V Trustee is authorized to and shall
draw against and demand payment pursuant to the Letters of Credit
for the amount that is the difference of the amount received from
the Debtor for that quarter and $10,00 and distribute this amount
to holders of Claims including any unpaid Allowed Administrative
Claims. If, for any quarter other than the first two quarters, the
net revenue reported and delivered to the Subchapter V Trustee is
less than $23,800, the Subchapter V Trustee is authorized to and
shall draw against and demand payment pursuant to the Letters of
Credit for the amount that is the difference of the amount received
from the Debtor for that quarter and $23,800 and distribute this
amount to holders of Claims including any unpaid Allowed
Administrative Claims. Furthermore, in the event that the bank
issuing the Letters of Credit opts to not renew either of the
Letters of Credit at any point prior to the end of the term of this
Plan and, after notification of such nonrenewal, Steve Monistere
and Greg Latham do not timely provide replacement letters of
credit, the Subchapter V Trustee is authorized draw against the
Letters of Credit prior to the expiration date of same in such
amounts as necessary to receive the difference between the total of
preceding quarterly distributions and the amount of $258,000.

Article IX of the Plan is amended to add the following provision to
the end of that Article:

For the avoidance of doubt, to the extent that the Permanent
Injunction issued by the arbitrator in favor of the New Orleans
Louisiana Saints, LLC is confirmed by a court of appropriate
authority and becomes effective, the Permanent Injunction is not
subject to discharge under this provision.

Article X at Section 10.01 is amended and restated (with amendments
underlined and deletions) in its entirety as follows:

10.01. Subchapter V Trustee. This Plan provides that the Subchapter
V Trustee shall make the distributions provided for in this Plan
and shall comply with the necessary reporting requirements
regardless of whether confirmation of this Plan is consensual or
non-consensual, as is permitted by 11 U.S.C. section 1194(b).

Article X at Section 10.05 is amended by adding the following to
the second paragraph of that section:

For purposes of calculation of disposable income under this Plan,
the payments required to be made to the Subchapter V Trustee shall
not be considered payments which are necessary for the
continuation, preservation, or operation of the business of the
debtor.

The attached Exhibit A replaces the Chapter 7 Liquidation Analysis
attached as Exhibit A to the Plan.

Attorneys for the Debtor:

     Christopher T. Caplinger, Esq.
     Benjamin W. Kadden, Esq.
     Coleman L. Torrans, Esq.
     LUGENBUHL, WHEATON, PECK, RANKIN & HUBBARD
     601 Poydras Street, Suite 2775
     New Orleans, LA 70130
     Telephone: (504) 568-1990
     Facsimile: (504) 310-9195
     E-mail: ccaplinger@lawla.com
             bkadden@lawla.com
             ctorrans@lawla.com

A copy of the Second Immaterial Modifications of the Second Amended
Plan of Reorganization dated June 21, 2023, is available at
https://tinyurl.ph/ChGcs from PacerMonitor.com.

                       About Who Dat? Inc.

Who Dat?, Inc. was formed in 1983 by Steve and Sal Monistere in
order to develop, protect, foster, and preserve the "Who Dat"
trademarks.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. E.D. La.
Case No. 21-10292) on March 8, 2021, with as much as $1 million in
both assets and liabilities.  

The Debtor tapped Lugenbuhl Wheaton Peck Rankin & Hubbard as
bankruptcy counsel, Intellectual Property Consulting as special
counsel, and Chaffe & Associates, Inc. as financial advisor.


WW INTERNATIONAL: $945M Bank Debt Trades at 35% Discount
--------------------------------------------------------
Participations in a syndicated loan under which WW International
Inc is a borrower were trading in the secondary market around 65.5
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $945 million facility is a Term loan that is scheduled to
mature on April 13, 2028.  About $942.6 million of the loan is
withdrawn and outstanding.

WW International, Inc., formerly Weight Watchers International,
Inc., is a global company headquartered in the U.S. that offers
weight loss and maintenance, fitness, and mindset services such as
the Weight Watchers comprehensive diet program.



ZAYO GROUP: EUR750M Bank Debt Trades at 20% Discount
----------------------------------------------------
Participations in a syndicated loan under which Zayo Group Holdings
Inc is a borrower were trading in the secondary market around 79.9
cents-on-the-dollar during the week ended Friday, June 30, 2023,
according to Bloomberg's Evaluated Pricing service data.

The EUR750 million facility is a Term loan that is scheduled to
mature on March 9, 2027.  The amount is fully drawn and
outstanding.

Zayo Group Holdings, Inc., or Zayo Group, is a privately held
company headquartered in Boulder, Colorado, with European
headquarters in London, England. The company provides
communications infrastructure services.



ZIP MAILING: Equipment Sale Approval Hearing Set for July 18
------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Maryland is set to
hold a hearing on July 18, 2023, to consider approval of the sale
of ZIP Mailing Services, Inc.'s equipment and furnishings and to
authorize payment to the secured creditor.

The Debtor was the owner of certain equipment and furnishings
stored in its prior location at 6304 Sheriff Road, Suite Z,
Landover, Maryland. The stored items consisted of certain shelving
units, floor fans and pallet racking bays.

During May 2023, the Debtor was in the process of vacating the
premises. Prior to the petition date, the Debtor had reviewed the
possible auction of the Equipment in order to reduce moving costs
and storage difficulties. Thw Debtor was also preparing to file for
bankruptcy protection during May 2023. At that time, the Debtor was
not aware that any sale of the Equipment would require Bankruptcy
Court approval. As a result, in an effort to vacate the Premises as
expeditiously as possible, the Debtor proceeded with the auction
and entered into a Letter of Agreement with Capital Online Auctions
dated May 26.

Pursuant to the Agreement, the auction was conducted on June 8. The
Equipment was sold for $15,000. The Debtor has no knowledge of and
no relationship with the purchasers of the Equipment. The Debtor
will receive approximately $15,000 following deduction of costs of
sale. The Debtor submits that the purchase price is fair and
reasonable, and consistent with the fair market value of the
Equipment. Counsel learned of the sale from Debtor on June 14.

The Debtor's sale without Court authority was inadvertent and was
not intended to avoid or disregard this Court's authority or the
requirements of a debtor under Chapter 11. The Debtor's sale was
also not intended to avoid payment to the secured creditor on the
Equipment. The Debtor will provide payment to the secured party on
the Equipment. Based upon the foregoing, the Debtor requests that
the Letter of Agreement and sale of the Equipment be approved, nunc
pro tunc to May 26.

Upon information and belief, Breakout Capital, LLC, Everest
Business Funding, and Ultra Funding, LLC assert secured interests
in the Equipment. BCL holds the priority lien against the Equipment
and asserts a secured claim against Debtor in the amount of
approximately $660,641.52. Based upon BCL's lien, the Debtor will
pay the proceeds of the sale to BCL upon approval of the sale.

                   About Zip Mailing Services Inc.

Zip Mailing Services, Inc., operates a commercial mailing service
out of Landover, Md., sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Md. Case No. 23-13736) on May 26,
2023, with up to $500,000 in assets and up to $10 million in
liabilities. Darryl Jackson, Jr., president, signed the petition.

Judge Maria Elena Chavez-Ruark oversees the case.

Christopher L. Hamlin, Esq., at McNamee Hosea, PA, represents the
Debtor as legal counsel.


[^] Large Companies with Insolvent Balance Sheet
------------------------------------------------

                                               Total
                                              Share-      Total
                                   Total    Holders'    Working
                                  Assets      Equity    Capital
  Company         Ticker            ($MM)       ($MM)      ($MM)
  -------         ------          ------    --------    -------
ABSOLUTE SOFTWRE  ABST US          528.1       (11.8)     (62.1)
ABSOLUTE SOFTWRE  OU1 GR           528.1       (11.8)     (62.1)
ABSOLUTE SOFTWRE  ABST CN          528.1       (11.8)     (62.1)
ABSOLUTE SOFTWRE  ABT2EUR EU       528.1       (11.8)     (62.1)
ABSOLUTE SOFTWRE  OU1 GZ           528.1       (11.8)     (62.1)
ACCELERATE DIAGN  AXDX* MM          51.0       (38.7)     (25.3)
AEMETIS INC       AMTX US          210.4      (222.4)     (82.4)
AEMETIS INC       DW51 GR          210.4      (222.4)     (82.4)
AEMETIS INC       AMTXGEUR EZ      210.4      (222.4)     (82.4)
AEMETIS INC       AMTXGEUR EU      210.4      (222.4)     (82.4)
AEMETIS INC       DW51 GZ          210.4      (222.4)     (82.4)
AEMETIS INC       DW51 TH          210.4      (222.4)     (82.4)
AEMETIS INC       DW51 QT          210.4      (222.4)     (82.4)
AIR CANADA        AC CN         30,476.0    (1,514.0)    (111.0)
AIR CANADA        ADH2 GR       30,476.0    (1,514.0)    (111.0)
AIR CANADA        ACEUR EU      30,476.0    (1,514.0)    (111.0)
AIR CANADA        ADH2 TH       30,476.0    (1,514.0)    (111.0)
AIR CANADA        ACDVF US      30,476.0    (1,514.0)    (111.0)
AIR CANADA        ADH2 QT       30,476.0    (1,514.0)    (111.0)
AIR CANADA        ACEUR EZ      30,476.0    (1,514.0)    (111.0)
AIR CANADA        ADH2 GZ       30,476.0    (1,514.0)    (111.0)
ALNYLAM PHAR-BDR  A1LN34 BZ      3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  ALNY US        3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  DUL GR         3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  DUL QT         3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  ALNYEUR EU     3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  DUL TH         3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  ALNY* MM       3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  DUL GZ         3,391.9      (259.2)   1,867.6
ALNYLAM PHARMACE  ALNYEUR EZ     3,391.9      (259.2)   1,867.6
ALPHATEC HOLDING  L1Z1 GR          569.7       (34.8)     156.2
ALPHATEC HOLDING  ATEC US          569.7       (34.8)     156.2
ALPHATEC HOLDING  ATECEUR EU       569.7       (34.8)     156.2
ALPHATEC HOLDING  L1Z1 GZ          569.7       (34.8)     156.2
ALTICE USA INC-A  ATUS US       31,986.8      (480.7)  (1,527.3)
ALTICE USA INC-A  ATUS* MM      31,986.8      (480.7)  (1,527.3)
ALTICE USA INC-A  ATUS-RM RM    31,986.8      (480.7)  (1,527.3)
ALTIRA GP-CEDEAR  MOC AR        36,826.0    (3,826.0)  (1,994.0)
ALTIRA GP-CEDEAR  MOD AR        36,826.0    (3,826.0)  (1,994.0)
ALTIRA GP-CEDEAR  MO AR         36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7 GR       36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MO* MM        36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MO US         36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MO SW         36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MOEUR EU      36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MO TE         36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7 TH       36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MO CI         36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7 QT       36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MOUSD SW      36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7 GZ       36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  0R31 LI       36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  ALTR AV       36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MOEUR EZ      36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  MO-RM RM      36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7 BU       36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7D EB      36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7D IX      36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP INC  PHM7D I2      36,826.0    (3,826.0)  (1,994.0)
ALTRIA GROUP-BDR  MOOO34 BZ     36,826.0    (3,826.0)  (1,994.0)
AMC ENTERTAINMEN  AMC US         8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AH9 GR         8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AMC4EUR EU     8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AH9 TH         8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AH9 QT         8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AMC* MM        8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AH9 GZ         8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AH9 SW         8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AMC-RM RM      8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  A2MC34 BZ      8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  APE* MM        8,847.6    (2,590.3)    (971.8)
AMC ENTERTAINMEN  AMCE AV        8,847.6    (2,590.3)    (971.8)
AMERICAN AIR-BDR  AALL34 BZ     66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL US        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  A1G GR        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL* MM       66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  A1G TH        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  A1G QT        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  A1G GZ        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL11EUR EU   66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL AV        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL TE        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  A1G SW        66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  0HE6 LI       66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL11EUR EZ   66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL-RM RM     66,786.0    (5,771.0)  (6,938.0)
AMERICAN AIRLINE  AAL_KZ KZ     66,786.0    (5,771.0)  (6,938.0)
AMYRIS INC        AMRS* MM         679.7      (648.1)    (227.1)
AMYRIS INC        A2MR34 BZ        679.7      (648.1)    (227.1)
ARBOR METALS COR  ABR CN             0.3        (0.6)      (0.2)
AUGMEDIX INC      AUGX US           33.1        (3.2)      11.6
AULT DISRUPTIVE   ADRT/U US        119.6        (3.3)       0.1
AUTOZONE INC      AZO US        15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZ5 TH        15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZ5 GR        15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZOEUR EU     15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZ5 QT        15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZO AV        15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZ5 TE        15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZO* MM       15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZOEUR EZ     15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZ5 GZ        15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC      AZO-RM RM     15,597.9    (4,301.6)  (1,756.1)
AUTOZONE INC-BDR  AZOI34 BZ     15,597.9    (4,301.6)  (1,756.1)
AVID TECHNOLOGY   AVID US          273.9      (118.7)     (20.7)
AVID TECHNOLOGY   AVD GR           273.9      (118.7)     (20.7)
AVID TECHNOLOGY   AVD TH           273.9      (118.7)     (20.7)
AVID TECHNOLOGY   AVD GZ           273.9      (118.7)     (20.7)
AVIS BUD-CEDEAR   CAR AR        27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CUCA GR       27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CAR US        27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CUCA QT       27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CAR2EUR EU    27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CAR* MM       27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CAR2EUR EZ    27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CUCA TH       27,388.0      (441.0)    (766.0)
AVIS BUDGET GROU  CUCA GZ       27,388.0      (441.0)    (766.0)
BABCOCK & WILCOX  BW US            968.4       (10.2)     175.1
BABCOCK & WILCOX  UBW1 GR          968.4       (10.2)     175.1
BABCOCK & WILCOX  BWEUR EU         968.4       (10.2)     175.1
BATH & BODY WORK  LTD0 GR        5,363.0    (2,170.0)     803.0
BATH & BODY WORK  LTD0 TH        5,363.0    (2,170.0)     803.0
BATH & BODY WORK  BBWI US        5,363.0    (2,170.0)     803.0
BATH & BODY WORK  LBEUR EU       5,363.0    (2,170.0)     803.0
BATH & BODY WORK  BBWI* MM       5,363.0    (2,170.0)     803.0
BATH & BODY WORK  LTD0 QT        5,363.0    (2,170.0)     803.0
BATH & BODY WORK  BBWI AV        5,363.0    (2,170.0)     803.0
BATH & BODY WORK  LBEUR EZ       5,363.0    (2,170.0)     803.0
BATH & BODY WORK  LTD0 GZ        5,363.0    (2,170.0)     803.0
BATH & BODY WORK  BBWI-RM RM     5,363.0    (2,170.0)     803.0
BELLRING BRANDS   BRBR US          772.5      (363.1)     340.0
BELLRING BRANDS   D51 TH           772.5      (363.1)     340.0
BELLRING BRANDS   BRBR2EUR EU      772.5      (363.1)     340.0
BELLRING BRANDS   D51 GR           772.5      (363.1)     340.0
BELLRING BRANDS   D51 QT           772.5      (363.1)     340.0
BEYOND MEAT INC   BYND US          986.6      (253.1)     487.1
BEYOND MEAT INC   0Q3 GR           986.6      (253.1)     487.1
BEYOND MEAT INC   0Q3 GZ           986.6      (253.1)     487.1
BEYOND MEAT INC   BYNDEUR EU       986.6      (253.1)     487.1
BEYOND MEAT INC   0Q3 TH           986.6      (253.1)     487.1
BEYOND MEAT INC   0Q3 QT           986.6      (253.1)     487.1
BEYOND MEAT INC   BYND AV          986.6      (253.1)     487.1
BEYOND MEAT INC   0Q3 SW           986.6      (253.1)     487.1
BEYOND MEAT INC   0A20 LI          986.6      (253.1)     487.1
BEYOND MEAT INC   BYNDEUR EZ       986.6      (253.1)     487.1
BEYOND MEAT INC   0Q3 TE           986.6      (253.1)     487.1
BEYOND MEAT INC   BYND* MM         986.6      (253.1)     487.1
BEYOND MEAT INC   B2YN34 BZ        986.6      (253.1)     487.1
BEYOND MEAT INC   BYND-RM RM       986.6      (253.1)     487.1
BIOCRYST PHARM    BO1 TH           509.7      (328.3)     405.7
BIOCRYST PHARM    BCRX US          509.7      (328.3)     405.7
BIOCRYST PHARM    BO1 GR           509.7      (328.3)     405.7
BIOCRYST PHARM    BO1 QT           509.7      (328.3)     405.7
BIOCRYST PHARM    BCRXEUR EU       509.7      (328.3)     405.7
BIOCRYST PHARM    BCRX* MM         509.7      (328.3)     405.7
BIOCRYST PHARM    BCRXEUR EZ       509.7      (328.3)     405.7
BIOTE CORP-A      BTMD US          119.1       (83.8)      87.6
BLUE BIRD CORP    BLBD US          364.3        (1.1)     (26.3)
BLUE BIRD CORP    4RB GR           364.3        (1.1)     (26.3)
BLUE BIRD CORP    4RB GZ           364.3        (1.1)     (26.3)
BLUE BIRD CORP    BLBDEUR EU       364.3        (1.1)     (26.3)
BLUE BIRD CORP    4RB TH           364.3        (1.1)     (26.3)
BLUE BIRD CORP    4RB QT           364.3        (1.1)     (26.3)
BOEING CO-BDR     BOEI34 BZ    136,347.0   (15,484.0)  15,301.0
BOEING CO-CED     BA AR        136,347.0   (15,484.0)  15,301.0
BOEING CO-CED     BAD AR       136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA EU        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BCO GR       136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BAEUR EU     136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA TE        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA* MM       136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA SW        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BOEI BB      136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA US        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BCO TH       136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA PE        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA CI        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BCO QT       136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BAUSD SW     136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BCO GZ       136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA AV        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA-RM RM     136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BAEUR EZ     136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA EZ        136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BACL CI      136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BA_KZ KZ     136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BCOD EB      136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BCOD IX      136,347.0   (15,484.0)  15,301.0
BOEING CO/THE     BCOD I2      136,347.0   (15,484.0)  15,301.0
BOMBARDIER INC-A  BBD/A CN      12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-A  BDRAF US      12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-A  BBD GR        12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-A  BBD/AEUR EU   12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-A  BBD GZ        12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBD/B CN      12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBDC GR       12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BDRBF US      12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBDC TH       12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBDBN MM      12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBD/BEUR EU   12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBDC GZ       12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBD/BEUR EZ   12,441.0    (2,448.0)    (196.0)
BOMBARDIER INC-B  BBDC QT       12,441.0    (2,448.0)    (196.0)
BOX INC- CLASS A  BOX US         1,108.7       (21.6)     110.5
BOX INC- CLASS A  3BX GR         1,108.7       (21.6)     110.5
BOX INC- CLASS A  3BX TH         1,108.7       (21.6)     110.5
BOX INC- CLASS A  3BX QT         1,108.7       (21.6)     110.5
BOX INC- CLASS A  BOXEUR EU      1,108.7       (21.6)     110.5
BOX INC- CLASS A  BOXEUR EZ      1,108.7       (21.6)     110.5
BOX INC- CLASS A  3BX GZ         1,108.7       (21.6)     110.5
BOX INC- CLASS A  BOX-RM RM      1,108.7       (21.6)     110.5
BRIDGEBIO PHARMA  BBIO US          625.7    (1,213.6)     456.1
BRIDGEBIO PHARMA  2CL GR           625.7    (1,213.6)     456.1
BRIDGEBIO PHARMA  2CL GZ           625.7    (1,213.6)     456.1
BRIDGEBIO PHARMA  BBIOEUR EU       625.7    (1,213.6)     456.1
BRIDGEBIO PHARMA  2CL TH           625.7    (1,213.6)     456.1
BRIGHTSPHERE INV  BSIG US          546.0        (8.3)       -
BRIGHTSPHERE INV  2B9 GR           546.0        (8.3)       -
BRIGHTSPHERE INV  BSIGEUR EU       546.0        (8.3)       -
BRIGHTSPHERE INV  2B9 GZ           546.0        (8.3)       -
BRINKER INTL      EAT US         2,478.1      (210.3)    (372.3)
BRINKER INTL      BKJ GR         2,478.1      (210.3)    (372.3)
BRINKER INTL      BKJ QT         2,478.1      (210.3)    (372.3)
BRINKER INTL      EAT2EUR EU     2,478.1      (210.3)    (372.3)
BRINKER INTL      BKJ TH         2,478.1      (210.3)    (372.3)
BROOKFIELD INF-A  BIPC CN       10,178.0      (361.0)  (3,066.0)
BROOKFIELD INF-A  BIPC US       10,178.0      (361.0)  (3,066.0)
CALUMET SPECIALT  CLMT US        2,764.5      (276.1)    (465.8)
CARDINAL HEA BDR  C1AH34 BZ     43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CAH US        43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CLH GR        43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CLH TH        43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CLH QT        43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CAHEUR EU     43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CLH GZ        43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CAH* MM       43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CAHEUR EZ     43,377.0    (2,218.0)     994.0
CARDINAL HEALTH   CAH-RM RM     43,377.0    (2,218.0)     994.0
CARDINAL-CEDEAR   CAH AR        43,377.0    (2,218.0)     994.0
CARDINAL-CEDEAR   CAHC AR       43,377.0    (2,218.0)     994.0
CARDINAL-CEDEAR   CAHD AR       43,377.0    (2,218.0)     994.0
CARVANA CO        CVNA US        8,646.0    (1,322.0)   1,766.0
CARVANA CO        CV0 TH         8,646.0    (1,322.0)   1,766.0
CARVANA CO        CV0 QT         8,646.0    (1,322.0)   1,766.0
CARVANA CO        CVNAEUR EU     8,646.0    (1,322.0)   1,766.0
CARVANA CO        CV0 GR         8,646.0    (1,322.0)   1,766.0
CARVANA CO        CV0 GZ         8,646.0    (1,322.0)   1,766.0
CARVANA CO        CVNAEUR EZ     8,646.0    (1,322.0)   1,766.0
CARVANA CO        CVNA* MM       8,646.0    (1,322.0)   1,766.0
CARVANA CO        CVNA-RM RM     8,646.0    (1,322.0)   1,766.0
CEDAR FAIR LP     FUN US         2,209.7      (793.2)    (227.4)
CENTRUS ENERGY-A  LEU US           689.0       (44.5)     192.4
CENTRUS ENERGY-A  4CU TH           689.0       (44.5)     192.4
CENTRUS ENERGY-A  4CU GR           689.0       (44.5)     192.4
CENTRUS ENERGY-A  LEUEUR EU        689.0       (44.5)     192.4
CENTRUS ENERGY-A  4CU GZ           689.0       (44.5)     192.4
CENTRUS ENERGY-A  4CU QT           689.0       (44.5)     192.4
CHENIERE ENERGY   CQP US        18,817.0      (950.0)     585.0
CINEPLEX INC      CGX CN         2,075.5      (239.9)    (296.9)
CINEPLEX INC      CX0 GR         2,075.5      (239.9)    (296.9)
CINEPLEX INC      CPXGF US       2,075.5      (239.9)    (296.9)
CINEPLEX INC      CX0 TH         2,075.5      (239.9)    (296.9)
CINEPLEX INC      CGXEUR EU      2,075.5      (239.9)    (296.9)
CINEPLEX INC      CGXN MM        2,075.5      (239.9)    (296.9)
CINEPLEX INC      CX0 GZ         2,075.5      (239.9)    (296.9)
COGENT COMMUNICA  CCOI US          998.4      (548.5)     201.4
COGENT COMMUNICA  OGM1 GR          998.4      (548.5)     201.4
COGENT COMMUNICA  CCOIEUR EU       998.4      (548.5)     201.4
COGENT COMMUNICA  CCOI* MM         998.4      (548.5)     201.4
COGENT COMMUNICA  OGM1 TH          998.4      (548.5)     201.4
COHERUS BIOSCIEN  CHRS US          402.4      (196.5)     192.5
COHERUS BIOSCIEN  8C5 GR           402.4      (196.5)     192.5
COHERUS BIOSCIEN  8C5 TH           402.4      (196.5)     192.5
COHERUS BIOSCIEN  CHRSEUR EU       402.4      (196.5)     192.5
COHERUS BIOSCIEN  8C5 QT           402.4      (196.5)     192.5
COHERUS BIOSCIEN  CHRSEUR EZ       402.4      (196.5)     192.5
COHERUS BIOSCIEN  8C5 GZ           402.4      (196.5)     192.5
COMMSCOPE HOLDIN  COMM US       11,337.0      (415.0)   1,707.5
COMMSCOPE HOLDIN  CM9 GR        11,337.0      (415.0)   1,707.5
COMMSCOPE HOLDIN  COMMEUR EU    11,337.0      (415.0)   1,707.5
COMMSCOPE HOLDIN  CM9 TH        11,337.0      (415.0)   1,707.5
COMMUNITY HEALTH  CYH US        14,623.0      (791.0)     982.0
COMMUNITY HEALTH  CG5 GR        14,623.0      (791.0)     982.0
COMMUNITY HEALTH  CG5 TH        14,623.0      (791.0)     982.0
COMMUNITY HEALTH  CG5 QT        14,623.0      (791.0)     982.0
COMMUNITY HEALTH  CYH1EUR EU    14,623.0      (791.0)     982.0
COMMUNITY HEALTH  CYH1EUR EZ    14,623.0      (791.0)     982.0
COMMUNITY HEALTH  CG5 GZ        14,623.0      (791.0)     982.0
COMPOSECURE INC   CMPO US          185.8      (291.2)      58.1
CONSENSUS CLOUD   CCSI US          663.3      (240.7)      70.1
CONTANGO ORE INC  CTGO US           17.5        (5.7)       3.5
COOPER-STANDARD   CPS US         1,943.1       (26.8)     207.5
COOPER-STANDARD   C31 GR         1,943.1       (26.8)     207.5
COOPER-STANDARD   CPSEUR EU      1,943.1       (26.8)     207.5
COOPER-STANDARD   C31 GZ         1,943.1       (26.8)     207.5
COOPER-STANDARD   C31 TH         1,943.1       (26.8)     207.5
CPI CARD GROUP I  PMTS US          298.2       (70.7)     110.9
CPI CARD GROUP I  CPB1 GR          298.2       (70.7)     110.9
CPI CARD GROUP I  PMTSEUR EU       298.2       (70.7)     110.9
CTI BIOPHARMA CO  CEPS QT          112.3       (25.3)      18.2
CTI BIOPHARMA CO  CTIC US          112.3       (25.3)      18.2
CTI BIOPHARMA CO  CEPS GR          112.3       (25.3)      18.2
CTI BIOPHARMA CO  CTIC1EUR EZ      112.3       (25.3)      18.2
CTI BIOPHARMA CO  CTIC1EUR EU      112.3       (25.3)      18.2
CTI BIOPHARMA CO  CEPS TH          112.3       (25.3)      18.2
CUTERA INC        TJ9 GR           499.8       (39.0)     309.7
CUTERA INC        CUTR US          499.8       (39.0)     309.7
CUTERA INC        TJ9 TH           499.8       (39.0)     309.7
CUTERA INC        CUTREUR EU       499.8       (39.0)     309.7
CUTERA INC        TJ9 QT           499.8       (39.0)     309.7
CUTERA INC        CUTREUR EZ       499.8       (39.0)     309.7
CYTOKINETICS INC  CYTK US          889.8      (229.0)     605.4
CYTOKINETICS INC  KK3A GR          889.8      (229.0)     605.4
CYTOKINETICS INC  KK3A QT          889.8      (229.0)     605.4
CYTOKINETICS INC  CYTKEUR EU       889.8      (229.0)     605.4
CYTOKINETICS INC  KK3A TH          889.8      (229.0)     605.4
CYTOKINETICS INC  KK3A SW          889.8      (229.0)     605.4
DELEK LOGISTICS   DKL US         1,691.6      (117.4)      (1.0)
DELL TECHN-C      DELL US       84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      12DA TH       84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      12DA GR       84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      12DA GZ       84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      DELL1EUR EU   84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      DELLC* MM     84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      12DA QT       84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      DELL AV       84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      DELL1EUR EZ   84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C      DELL-RM RM    84,094.0    (2,924.0)  (9,433.0)
DELL TECHN-C-BDR  D1EL34 BZ     84,094.0    (2,924.0)  (9,433.0)
DENNY'S CORP      DE8 GR           480.4       (45.0)     (34.6)
DENNY'S CORP      DENN US          480.4       (45.0)     (34.6)
DENNY'S CORP      DENNEUR EU       480.4       (45.0)     (34.6)
DENNY'S CORP      DE8 TH           480.4       (45.0)     (34.6)
DENNY'S CORP      DE8 GZ           480.4       (45.0)     (34.6)
DIEBOLD NIXDORF   DBD SW         3,090.7    (1,473.6)      66.3
DIGITALOCEAN HOL  DOCN US        1,584.4      (217.7)     512.5
DIGITALOCEAN HOL  0SU GR         1,584.4      (217.7)     512.5
DIGITALOCEAN HOL  0SU TH         1,584.4      (217.7)     512.5
DIGITALOCEAN HOL  DOCNEUR EU     1,584.4      (217.7)     512.5
DIGITALOCEAN HOL  0SU GZ         1,584.4      (217.7)     512.5
DIGITALOCEAN HOL  0SU QT         1,584.4      (217.7)     512.5
DINE BRANDS GLOB  DIN US         1,758.1      (288.7)     (56.8)
DINE BRANDS GLOB  IHP GR         1,758.1      (288.7)     (56.8)
DINE BRANDS GLOB  IHP TH         1,758.1      (288.7)     (56.8)
DINE BRANDS GLOB  IHP GZ         1,758.1      (288.7)     (56.8)
DIVERSIFIED ENER  DEC LN             -           -          -
DIVERSIFIED ENER  DGOCGBX EU         -           -          -
DIVERSIFIED ENER  DECL PO            -           -          -
DIVERSIFIED ENER  DECL L3            -           -          -
DIVERSIFIED ENER  DECL B3            -           -          -
DIVERSIFIED ENER  DECL TQ            -           -          -
DIVERSIFIED ENER  DGOCGBX EP         -           -          -
DIVERSIFIED ENER  DGOCGBX EZ         -           -          -
DIVERSIFIED ENER  DECL IX            -           -          -
DIVERSIFIED ENER  DECL EB            -           -          -
DIVERSIFIED ENER  DECL QX            -           -          -
DIVERSIFIED ENER  DECL BQ            -           -          -
DIVERSIFIED ENER  DECL S1            -           -          -
DOMINO'S P - BDR  D2PZ34 BZ      1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    EZV TH         1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    EZV GR         1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    DPZ US         1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    EZV QT         1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    DPZEUR EU      1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    DPZ AV         1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    DPZ* MM        1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    EZV GZ         1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    DPZEUR EZ      1,641.4    (4,151.8)     271.4
DOMINO'S PIZZA    DPZ-RM RM      1,641.4    (4,151.8)     271.4
DOMO INC- CL B    DOMO US          219.2      (151.2)     (83.7)
DOMO INC- CL B    1ON GR           219.2      (151.2)     (83.7)
DOMO INC- CL B    1ON GZ           219.2      (151.2)     (83.7)
DOMO INC- CL B    DOMOEUR EU       219.2      (151.2)     (83.7)
DOMO INC- CL B    1ON TH           219.2      (151.2)     (83.7)
DOMO INC- CL B    1ON QT           219.2      (151.2)     (83.7)
DROPBOX INC-A     DBX US         2,993.7      (365.2)     247.2
DROPBOX INC-A     1Q5 GR         2,993.7      (365.2)     247.2
DROPBOX INC-A     1Q5 SW         2,993.7      (365.2)     247.2
DROPBOX INC-A     1Q5 TH         2,993.7      (365.2)     247.2
DROPBOX INC-A     1Q5 QT         2,993.7      (365.2)     247.2
DROPBOX INC-A     DBXEUR EU      2,993.7      (365.2)     247.2
DROPBOX INC-A     DBX AV         2,993.7      (365.2)     247.2
DROPBOX INC-A     DBX* MM        2,993.7      (365.2)     247.2
DROPBOX INC-A     DBXEUR EZ      2,993.7      (365.2)     247.2
DROPBOX INC-A     1Q5 GZ         2,993.7      (365.2)     247.2
DROPBOX INC-A     DBX-RM RM      2,993.7      (365.2)     247.2
EMBECTA CORP      EMBC US        1,210.0      (822.6)     398.6
EMBECTA CORP      EMBC* MM       1,210.0      (822.6)     398.6
EMBECTA CORP      JX7 GR         1,210.0      (822.6)     398.6
EMBECTA CORP      JX7 QT         1,210.0      (822.6)     398.6
EMBECTA CORP      EMBC1EUR EZ    1,210.0      (822.6)     398.6
EMBECTA CORP      EMBC1EUR EU    1,210.0      (822.6)     398.6
EMBECTA CORP      JX7 GZ         1,210.0      (822.6)     398.6
EMBECTA CORP      JX7 TH         1,210.0      (822.6)     398.6
EOS ENERGY ENTER  EOSE US           99.7      (175.6)     (15.7)
ETSY INC          ETSY US        2,500.5      (540.2)     845.8
ETSY INC          3E2 GR         2,500.5      (540.2)     845.8
ETSY INC          3E2 TH         2,500.5      (540.2)     845.8
ETSY INC          3E2 QT         2,500.5      (540.2)     845.8
ETSY INC          2E2 GZ         2,500.5      (540.2)     845.8
ETSY INC          300 SW         2,500.5      (540.2)     845.8
ETSY INC          ETSY AV        2,500.5      (540.2)     845.8
ETSY INC          ETSYEUR EZ     2,500.5      (540.2)     845.8
ETSY INC          ETSY* MM       2,500.5      (540.2)     845.8
ETSY INC          ETSY-RM RM     2,500.5      (540.2)     845.8
ETSY INC - BDR    E2TS34 BZ      2,500.5      (540.2)     845.8
ETSY INC - CEDEA  ETSY AR        2,500.5      (540.2)     845.8
FAIR ISAAC - BDR  F2IC34 BZ      1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FRI GR         1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FICO US        1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FICOEUR EU     1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FRI QT         1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FICOEUR EZ     1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FICO1* MM      1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FRI GZ         1,502.4      (770.8)     148.0
FAIR ISAAC CORP   FRI TH         1,502.4      (770.8)     148.0
FENNEC PHARMACEU  FRX CN            21.8        (7.3)      17.6
FENNEC PHARMACEU  FENC US           21.8        (7.3)      17.6
FENNEC PHARMACEU  RV41 TH           21.8        (7.3)      17.6
FENNEC PHARMACEU  RV41 GR           21.8        (7.3)      17.6
FENNEC PHARMACEU  FRXEUR EU         21.8        (7.3)      17.6
FENNEC PHARMACEU  RV41 GZ           21.8        (7.3)      17.6
FERRELLGAS PAR-B  FGPRB US       1,555.4      (210.8)     203.4
FERRELLGAS-LP     FGPR US        1,555.4      (210.8)     203.4
FIBROGEN INC      FGEN* MM         538.5       (28.9)     175.8
FIBROGEN INC      FGEN-RM RM       538.5       (28.9)     175.8
FOGHORN THERAPEU  FHTX US          372.9       (24.6)     264.9
GCM GROSVENOR-A   GCMG US          471.9      (108.1)     109.7
GODADDY INC -BDR  G2DD34 BZ      7,092.3      (355.5)    (869.2)
GODADDY INC-A     GDDY US        7,092.3      (355.5)    (869.2)
GODADDY INC-A     38D GR         7,092.3      (355.5)    (869.2)
GODADDY INC-A     38D QT         7,092.3      (355.5)    (869.2)
GODADDY INC-A     GDDY* MM       7,092.3      (355.5)    (869.2)
GODADDY INC-A     38D TH         7,092.3      (355.5)    (869.2)
GODADDY INC-A     38D GZ         7,092.3      (355.5)    (869.2)
GOGO INC          GOGO US          759.2       (88.1)     262.1
GOGO INC          G0G GR           759.2       (88.1)     262.1
GOGO INC          G0G QT           759.2       (88.1)     262.1
GOGO INC          GOGOEUR EU       759.2       (88.1)     262.1
GOGO INC          G0G TH           759.2       (88.1)     262.1
GOGO INC          GOGOEUR EZ       759.2       (88.1)     262.1
GOGO INC          G0G GZ           759.2       (88.1)     262.1
GOOSEHEAD INSU-A  GSHD US          321.6       (26.0)      18.6
GOOSEHEAD INSU-A  2OX GR           321.6       (26.0)      18.6
GOOSEHEAD INSU-A  GSHDEUR EU       321.6       (26.0)      18.6
GOOSEHEAD INSU-A  2OX TH           321.6       (26.0)      18.6
GOOSEHEAD INSU-A  2OX QT           321.6       (26.0)      18.6
GREEN PLAINS PAR  GPP US           137.8        (0.1)       6.2
GROUPON INC       G5NA GR          650.6       (24.5)    (184.1)
GROUPON INC       G5NA TH          650.6       (24.5)    (184.1)
GROUPON INC       GRPN US          650.6       (24.5)    (184.1)
GROUPON INC       G5NA QT          650.6       (24.5)    (184.1)
GROUPON INC       GRPNEUR EU       650.6       (24.5)    (184.1)
GROUPON INC       G5NA GZ          650.6       (24.5)    (184.1)
GROUPON INC       GRPN AV          650.6       (24.5)    (184.1)
GROUPON INC       GRPN* MM         650.6       (24.5)    (184.1)
GROUPON INC       GRPNEUR EZ       650.6       (24.5)    (184.1)
GUARDANT HEALTH   GH US          1,511.6       (44.6)     900.3
GUARDANT HEALTH   GH* MM         1,511.6       (44.6)     900.3
GUARDANT HEALTH   5GH TH         1,511.6       (44.6)     900.3
GUARDANT HEALTH   5GH GR         1,511.6       (44.6)     900.3
GUARDANT HEALTH   GHGBPEUR EZ    1,511.6       (44.6)     900.3
GUARDANT HEALTH   GHGBPEUR EU    1,511.6       (44.6)     900.3
GUARDANT HEALTH   5GH GZ         1,511.6       (44.6)     900.3
GUARDANT HEALTH   5GH QT         1,511.6       (44.6)     900.3
H&R BLOCK - BDR   H1RB34 BZ      3,157.9       (36.4)     187.2
H&R BLOCK INC     HRB US         3,157.9       (36.4)     187.2
H&R BLOCK INC     HRB GR         3,157.9       (36.4)     187.2
H&R BLOCK INC     HRB TH         3,157.9       (36.4)     187.2
H&R BLOCK INC     HRB QT         3,157.9       (36.4)     187.2
H&R BLOCK INC     HRBEUR EU      3,157.9       (36.4)     187.2
H&R BLOCK INC     HRBCHF SW      3,157.9       (36.4)     187.2
H&R BLOCK INC     HRB GZ         3,157.9       (36.4)     187.2
H&R BLOCK INC     HRB-RM RM      3,157.9       (36.4)     187.2
HCM ACQUISITI-A   HCMA US          295.2       276.9        1.0
HERBALIFE LTD     HOO GR         2,687.6    (1,222.8)      95.0
HERBALIFE LTD     HLF US         2,687.6    (1,222.8)      95.0
HERBALIFE LTD     HLFEUR EU      2,687.6    (1,222.8)      95.0
HERBALIFE LTD     HOO QT         2,687.6    (1,222.8)      95.0
HERBALIFE LTD     HOO GZ         2,687.6    (1,222.8)      95.0
HERBALIFE LTD     HLFEUR EZ      2,687.6    (1,222.8)      95.0
HERBALIFE LTD     HOO TH         2,687.6    (1,222.8)      95.0
HERON THERAPEUTI  HRTX-RM RM       220.9       (11.4)     100.3
HEWLETT-CEDEAR    HPQD AR       36,366.0    (2,484.0)  (7,011.0)
HEWLETT-CEDEAR    HPQC AR       36,366.0    (2,484.0)  (7,011.0)
HEWLETT-CEDEAR    HPQ AR        36,366.0    (2,484.0)  (7,011.0)
HILTON WORLD-BDR  H1LT34 BZ     15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HLT US        15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HI91 TH       15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HI91 GR       15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HI91 QT       15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HLTEUR EU     15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HLT* MM       15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HI91 TE       15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HLTEUR EZ     15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HLTW AV       15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HI91 GZ       15,211.0    (1,413.0)    (829.0)
HILTON WORLDWIDE  HLT-RM RM     15,211.0    (1,413.0)    (829.0)
HP COMPANY-BDR    HPQB34 BZ     36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQ* MM       36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQ US        36,366.0    (2,484.0)  (7,011.0)
HP INC            7HP TH        36,366.0    (2,484.0)  (7,011.0)
HP INC            7HP GR        36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQ TE        36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQ CI        36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQ SW        36,366.0    (2,484.0)  (7,011.0)
HP INC            7HP QT        36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQUSD SW     36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQEUR EU     36,366.0    (2,484.0)  (7,011.0)
HP INC            7HP GZ        36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQ AV        36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQEUR EZ     36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQ-RM RM     36,366.0    (2,484.0)  (7,011.0)
HP INC            HPQCL CI      36,366.0    (2,484.0)  (7,011.0)
HP INC            7HPD EB       36,366.0    (2,484.0)  (7,011.0)
HP INC            7HPD IX       36,366.0    (2,484.0)  (7,011.0)
HP INC            7HPD I2       36,366.0    (2,484.0)  (7,011.0)
INSEEGO CORP      INSG-RM RM       157.7       (72.7)      18.6
INSMED INC        INSM US        1,517.7       (44.7)     941.1
INSMED INC        IM8N GR        1,517.7       (44.7)     941.1
INSMED INC        IM8N TH        1,517.7       (44.7)     941.1
INSMED INC        INSMEUR EU     1,517.7       (44.7)     941.1
INSMED INC        INSM* MM       1,517.7       (44.7)     941.1
INSPIRATO INC     ISPO* MM         406.3       (80.0)    (159.2)
INSPIRED ENTERTA  INSE US          316.5       (54.4)      55.2
INSPIRED ENTERTA  4U8 GR           316.5       (54.4)      55.2
INSPIRED ENTERTA  INSEEUR EU       316.5       (54.4)      55.2
INTUITIVE MACHIN  LUNR US           99.7      (121.1)     (42.5)
INVITAE CORP      NVTA* MM       1,691.7       (36.7)     314.1
INVITAE CORP      NVTA-RM RM     1,691.7       (36.7)     314.1
JACK IN THE BOX   JBX GR         2,903.4      (701.4)    (248.8)
JACK IN THE BOX   JACK US        2,903.4      (701.4)    (248.8)
JACK IN THE BOX   JACK1EUR EU    2,903.4      (701.4)    (248.8)
JACK IN THE BOX   JBX GZ         2,903.4      (701.4)    (248.8)
JACK IN THE BOX   JBX QT         2,903.4      (701.4)    (248.8)
JACK IN THE BOX   JACK1EUR EZ    2,903.4      (701.4)    (248.8)
JAWS MUSTANG A-A  JWSM US           22.7        (0.5)      (3.8)
JAWS MUSTANG ACQ  JWSM/U US         22.7        (0.5)      (3.8)
L BRANDS INC-BDR  B1BW34 BZ      5,363.0    (2,170.0)     803.0
LENNOX INTL INC   LXI GR         2,770.4      (125.9)     145.2
LENNOX INTL INC   LII US         2,770.4      (125.9)     145.2
LENNOX INTL INC   LII1EUR EU     2,770.4      (125.9)     145.2
LENNOX INTL INC   LXI TH         2,770.4      (125.9)     145.2
LENNOX INTL INC   LII* MM        2,770.4      (125.9)     145.2
LESLIE'S INC      LESL US        1,163.2      (255.0)     299.3
LESLIE'S INC      LE3 GR         1,163.2      (255.0)     299.3
LESLIE'S INC      LESLEUR EU     1,163.2      (255.0)     299.3
LESLIE'S INC      LE3 TH         1,163.2      (255.0)     299.3
LESLIE'S INC      LE3 QT         1,163.2      (255.0)     299.3
LINDBLAD EXPEDIT  LIND US          774.3       (82.2)    (152.1)
LINDBLAD EXPEDIT  LI4 GR           774.3       (82.2)    (152.1)
LINDBLAD EXPEDIT  LINDEUR EU       774.3       (82.2)    (152.1)
LINDBLAD EXPEDIT  LI4 TH           774.3       (82.2)    (152.1)
LINDBLAD EXPEDIT  LI4 QT           774.3       (82.2)    (152.1)
LINDBLAD EXPEDIT  LI4 GZ           774.3       (82.2)    (152.1)
LOWE'S COS INC    LWE GR        45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LOW US        45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LWE TH        45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LWE QT        45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LOWEUR EU     45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LWE GZ        45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LOW* MM       45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LWE TE        45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LOWE AV       45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LOWEUR EZ     45,917.0   (14,710.0)   4,708.0
LOWE'S COS INC    LOW-RM RM     45,917.0   (14,710.0)   4,708.0
LOWE'S COS-BDR    LOWC34 BZ     45,917.0   (14,710.0)   4,708.0
LUMINAR TECHNOLO  LAZR US          658.4       (82.3)     393.9
LUMINAR TECHNOLO  LAZR* MM         658.4       (82.3)     393.9
LUMINAR TECHNOLO  LAZR-RM RM       658.4       (82.3)     393.9
LUMINAR TECHNOLO  9FS GR           658.4       (82.3)     393.9
LUMINAR TECHNOLO  LAZREUR EU       658.4       (82.3)     393.9
LUMINAR TECHNOLO  9FS TH           658.4       (82.3)     393.9
LUMINAR TECHNOLO  9FS GZ           658.4       (82.3)     393.9
LUMINAR TECHNOLO  9FS QT           658.4       (82.3)     393.9
LUMINAR TECHNOLO  L2AZ34 BZ        658.4       (82.3)     393.9
LUMINE GROUP INC  LMN CN         1,579.7    (2,264.4)  (2,905.1)
LUMINE GROUP INC  LMGIF US       1,579.7    (2,264.4)  (2,905.1)
MADISON SQUARE G  MSGS US        1,363.3      (333.0)    (248.6)
MADISON SQUARE G  MS8 GR         1,363.3      (333.0)    (248.6)
MADISON SQUARE G  MSG1EUR EU     1,363.3      (333.0)    (248.6)
MADISON SQUARE G  MS8 TH         1,363.3      (333.0)    (248.6)
MADISON SQUARE G  MS8 QT         1,363.3      (333.0)    (248.6)
MADISON SQUARE G  MS8 GZ         1,363.3      (333.0)    (248.6)
MANNKIND CORP     NNFN GR          298.1      (255.4)     141.4
MANNKIND CORP     MNKD US          298.1      (255.4)     141.4
MANNKIND CORP     NNFN TH          298.1      (255.4)     141.4
MANNKIND CORP     NNFN QT          298.1      (255.4)     141.4
MANNKIND CORP     MNKDEUR EU       298.1      (255.4)     141.4
MANNKIND CORP     NNFN GZ          298.1      (255.4)     141.4
MARKETWISE INC    MKTW* MM         431.7      (264.7)     (52.7)
MASCO CORP        MAS US         5,430.0      (120.0)   1,130.0
MASCO CORP        MSQ GR         5,430.0      (120.0)   1,130.0
MASCO CORP        MSQ TH         5,430.0      (120.0)   1,130.0
MASCO CORP        MAS* MM        5,430.0      (120.0)   1,130.0
MASCO CORP        MSQ QT         5,430.0      (120.0)   1,130.0
MASCO CORP        MAS1EUR EU     5,430.0      (120.0)   1,130.0
MASCO CORP        MSQ GZ         5,430.0      (120.0)   1,130.0
MASCO CORP        MAS1EUR EZ     5,430.0      (120.0)   1,130.0
MASCO CORP        MAS-RM RM      5,430.0      (120.0)   1,130.0
MASCO CORP-BDR    M1AS34 BZ      5,430.0      (120.0)   1,130.0
MATCH GROUP -BDR  M1TC34 BZ      4,203.9      (334.5)     398.6
MATCH GROUP INC   0JZ7 LI        4,203.9      (334.5)     398.6
MATCH GROUP INC   MTCH US        4,203.9      (334.5)     398.6
MATCH GROUP INC   MTCH1* MM      4,203.9      (334.5)     398.6
MATCH GROUP INC   4MGN TH        4,203.9      (334.5)     398.6
MATCH GROUP INC   4MGN GR        4,203.9      (334.5)     398.6
MATCH GROUP INC   4MGN QT        4,203.9      (334.5)     398.6
MATCH GROUP INC   4MGN SW        4,203.9      (334.5)     398.6
MATCH GROUP INC   MTC2 AV        4,203.9      (334.5)     398.6
MATCH GROUP INC   4MGN GZ        4,203.9      (334.5)     398.6
MATCH GROUP INC   MTCH-RM RM     4,203.9      (334.5)     398.6
MBIA INC          MBI US         3,317.0      (899.0)       -
MBIA INC          MBJ GR         3,317.0      (899.0)       -
MBIA INC          MBJ TH         3,317.0      (899.0)       -
MBIA INC          MBJ QT         3,317.0      (899.0)       -
MBIA INC          MBI1EUR EU     3,317.0      (899.0)       -
MBIA INC          MBJ GZ         3,317.0      (899.0)       -
MCDONALD'S - CDR  MDO0 GR       52,014.4    (5,776.1)   2,174.0
MCDONALD'S CORP   MDOD EB       52,014.4    (5,776.1)   2,174.0
MCDONALD'S CORP   MDOD IX       52,014.4    (5,776.1)   2,174.0
MCDONALD'S CORP   MDOD I2       52,014.4    (5,776.1)   2,174.0
MCDONALDS - BDR   MCDC34 BZ     52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MDO TH        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCD TE        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MDO GR        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCD* MM       52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCD US        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCD SW        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCD CI        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MDO QT        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCDUSD SW     52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCDEUR EU     52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MDO GZ        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCD AV        52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCDEUR EZ     52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    0R16 LN       52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCD-RM RM     52,014.4    (5,776.1)   2,174.0
MCDONALDS CORP    MCDCL CI      52,014.4    (5,776.1)   2,174.0
MCDONALDS-CEDEAR  MCDD AR       52,014.4    (5,776.1)   2,174.0
MCDONALDS-CEDEAR  MCDC AR       52,014.4    (5,776.1)   2,174.0
MCDONALDS-CEDEAR  MCD AR        52,014.4    (5,776.1)   2,174.0
MCKESSON CORP     MCK* MM       62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK GR        62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK US        62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK TH        62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK1EUR EU    62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK QT        62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK GZ        62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK1EUR EZ    62,320.0    (1,490.0)  (3,665.0)
MCKESSON CORP     MCK-RM RM     62,320.0    (1,490.0)  (3,665.0)
MCKESSON-BDR      M1CK34 BZ     62,320.0    (1,490.0)  (3,665.0)
MEDIAALPHA INC-A  MAX US           153.4       (88.7)       2.1
METTLER-TOLEDO    MTD US         3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTO GR         3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTO QT         3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTO GZ         3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTO TH         3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTDEUR EU      3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTD* MM        3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTDEUR EZ      3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTD AV         3,409.9       (24.5)     282.5
METTLER-TOLEDO    MTD-RM RM      3,409.9       (24.5)     282.5
MSCI INC          3HM GR         5,058.7      (901.4)     602.0
MSCI INC          MSCI US        5,058.7      (901.4)     602.0
MSCI INC          3HM QT         5,058.7      (901.4)     602.0
MSCI INC          3HM SW         5,058.7      (901.4)     602.0
MSCI INC          MSCI* MM       5,058.7      (901.4)     602.0
MSCI INC          MSCIEUR EZ     5,058.7      (901.4)     602.0
MSCI INC          3HM GZ         5,058.7      (901.4)     602.0
MSCI INC          3HM TH         5,058.7      (901.4)     602.0
MSCI INC          MSCI AV        5,058.7      (901.4)     602.0
MSCI INC          MSCI-RM RM     5,058.7      (901.4)     602.0
MSCI INC-BDR      M1SC34 BZ      5,058.7      (901.4)     602.0
NATHANS FAMOUS    NATH US           58.6       (44.6)      30.7
NATHANS FAMOUS    NFA GR            58.6       (44.6)      30.7
NATHANS FAMOUS    NATHEUR EU        58.6       (44.6)      30.7
NEW ENG RLTY-LP   NEN US           385.0       (64.9)       -
NIOCORP DEVELOPM  NB CN             33.1       (13.9)       3.5
NIOCORP DEVELOPM  NB US             33.1       (13.9)       3.5
NORWEGIAN CR-BDR  N1CL34 BZ     18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  NCLH US       18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  1NC GR        18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  NCLHN MM      18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  NCLHEUR EU    18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  1NC TH        18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  1NC QT        18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  NCLH AV       18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  1NC SW        18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  NCLHEUR EZ    18,350.7       (99.5)  (4,054.9)
NORWEGIAN CRUISE  1NC GZ        18,350.7       (99.5)  (4,054.9)
NOVAVAX INC       NVV1 GR        1,542.7      (895.6)    (947.8)
NOVAVAX INC       NVAX US        1,542.7      (895.6)    (947.8)
NOVAVAX INC       NVV1 TH        1,542.7      (895.6)    (947.8)
NOVAVAX INC       NVV1 QT        1,542.7      (895.6)    (947.8)
NOVAVAX INC       NVAXEUR EU     1,542.7      (895.6)    (947.8)
NOVAVAX INC       NVV1 GZ        1,542.7      (895.6)    (947.8)
NOVAVAX INC       NVV1 SW        1,542.7      (895.6)    (947.8)
NOVAVAX INC       NVAX* MM       1,542.7      (895.6)    (947.8)
NOVAVAX INC       0A3S LI        1,542.7      (895.6)    (947.8)
NUTANIX INC - A   NTNX US        2,396.0      (789.1)     596.1
NUTANIX INC - A   0NU GR         2,396.0      (789.1)     596.1
NUTANIX INC - A   NTNXEUR EU     2,396.0      (789.1)     596.1
NUTANIX INC - A   0NU TH         2,396.0      (789.1)     596.1
NUTANIX INC - A   0NU QT         2,396.0      (789.1)     596.1
NUTANIX INC - A   0NU GZ         2,396.0      (789.1)     596.1
NUTANIX INC - A   NTNXEUR EZ     2,396.0      (789.1)     596.1
NUTANIX INC - A   NTNX-RM RM     2,396.0      (789.1)     596.1
O'REILLY AUT-BDR  ORLY34 BZ     12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  OM6 GR        12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  ORLY US       12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  OM6 TH        12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  ORLY SW       12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  OM6 QT        12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  ORLY* MM      12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  ORLYEUR EU    12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  OM6 GZ        12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  ORLY AV       12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  ORLYEUR EZ    12,972.8    (1,625.0)  (2,168.3)
O'REILLY AUTOMOT  ORLY-RM RM    12,972.8    (1,625.0)  (2,168.3)
ORGANON & CO      OGN US        10,763.0      (737.0)   1,434.0
ORGANON & CO      7XP TH        10,763.0      (737.0)   1,434.0
ORGANON & CO      OGN-WEUR EU   10,763.0      (737.0)   1,434.0
ORGANON & CO      7XP GR        10,763.0      (737.0)   1,434.0
ORGANON & CO      OGN* MM       10,763.0      (737.0)   1,434.0
ORGANON & CO      7XP GZ        10,763.0      (737.0)   1,434.0
ORGANON & CO      7XP QT        10,763.0      (737.0)   1,434.0
ORGANON & CO      OGN-RM RM     10,763.0      (737.0)   1,434.0
OTIS WORLDWI      OTIS US        9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      4PG GR         9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      4PG GZ         9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      OTISEUR EZ     9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      OTISEUR EU     9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      OTIS* MM       9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      4PG TH         9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      4PG QT         9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      OTIS AV        9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI      OTIS-RM RM     9,845.0    (4,638.0)    (670.0)
OTIS WORLDWI-BDR  O1TI34 BZ      9,845.0    (4,638.0)    (670.0)
PAPA JOHN'S INTL  PZZA US          864.9      (474.1)     (26.0)
PAPA JOHN'S INTL  PP1 GR           864.9      (474.1)     (26.0)
PAPA JOHN'S INTL  PZZAEUR EU       864.9      (474.1)     (26.0)
PAPA JOHN'S INTL  PP1 GZ           864.9      (474.1)     (26.0)
PAPA JOHN'S INTL  PP1 TH           864.9      (474.1)     (26.0)
PAPA JOHN'S INTL  PP1 QT           864.9      (474.1)     (26.0)
PELOTON INTERA-A  PTON US        3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  2ON GR         3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  2ON GZ         3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  PTONEUR EZ     3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  PTONEUR EU     3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  2ON QT         3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  2ON TH         3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  PTON* MM       3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  0A46 LI        3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  PTON AV        3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  2ON SW         3,016.3      (127.0)   1,004.4
PELOTON INTERA-A  PTON-RM RM     3,016.3      (127.0)   1,004.4
PETRO USA INC     PBAJ US            -          (0.1)      (0.1)
PHATHOM PHARMACE  PHAT US          144.0       (90.2)     125.4
PHILIP MORRI-BDR  PHMO34 BZ     62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM1EUR EU     62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PMI SW        62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM1 TE        62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  4I1 TH        62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM1CHF EU     62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  4I1 GR        62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM US         62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PMIZ IX       62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PMIZ EB       62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  4I1 QT        62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  4I1 GZ        62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  0M8V LN       62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PMOR AV       62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM* MM        62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM1CHF EZ     62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM1EUR EZ     62,060.0    (7,053.0)  (3,414.0)
PHILIP MORRIS IN  PM-RM RM      62,060.0    (7,053.0)  (3,414.0)
PLANET FITNESS I  P2LN34 BZ      2,905.6      (158.6)     338.5
PLANET FITNESS I  PLNT* MM       2,905.6      (158.6)     338.5
PLANET FITNESS-A  PLNT US        2,905.6      (158.6)     338.5
PLANET FITNESS-A  3PL TH         2,905.6      (158.6)     338.5
PLANET FITNESS-A  3PL GR         2,905.6      (158.6)     338.5
PLANET FITNESS-A  3PL QT         2,905.6      (158.6)     338.5
PLANET FITNESS-A  PLNT1EUR EU    2,905.6      (158.6)     338.5
PLANET FITNESS-A  3PL GZ         2,905.6      (158.6)     338.5
PRESTO AUTOMATIO  PRST US           48.6       (22.2)     (31.5)
PROS HOLDINGS IN  PH2 GR           437.6       (48.0)      95.9
PROS HOLDINGS IN  PRO US           437.6       (48.0)      95.9
PROS HOLDINGS IN  PRO1EUR EU       437.6       (48.0)      95.9
PTC THERAPEUTICS  PTCT US        1,608.8      (457.6)     171.8
PTC THERAPEUTICS  BH3 GR         1,608.8      (457.6)     171.8
PTC THERAPEUTICS  P91 TH         1,608.8      (457.6)     171.8
PTC THERAPEUTICS  P91 QT         1,608.8      (457.6)     171.8
PULSE BIOSCIENCE  PLSE US           70.2       (10.7)      48.0
PULSE BIOSCIENCE  6L8 GZ            70.2       (10.7)      48.0
RAPID7 INC        RPD US         1,329.5      (110.2)     (39.1)
RAPID7 INC        R7D GR         1,329.5      (110.2)     (39.1)
RAPID7 INC        RPDEUR EU      1,329.5      (110.2)     (39.1)
RAPID7 INC        R7D TH         1,329.5      (110.2)     (39.1)
RAPID7 INC        RPD* MM        1,329.5      (110.2)     (39.1)
RAPID7 INC        R7D GZ         1,329.5      (110.2)     (39.1)
RAPID7 INC        R7D QT         1,329.5      (110.2)     (39.1)
RAPID7 INC-BDR    R2PD34 BZ      1,329.5      (110.2)     (39.1)
REATA PHARMACE-A  RETA US          453.6      (130.7)     277.9
REATA PHARMACE-A  2R3 GR           453.6      (130.7)     277.9
REATA PHARMACE-A  RETAEUR EU       453.6      (130.7)     277.9
REATA PHARMACE-A  2R3 GZ           453.6      (130.7)     277.9
REATA PHARMACE-A  2R3 TH           453.6      (130.7)     277.9
REATA PHARMACE-A  2R3 QT           453.6      (130.7)     277.9
REVANCE THERAPEU  RVNC US          547.8       (26.7)     245.0
REVANCE THERAPEU  RTI GR           547.8       (26.7)     245.0
REVANCE THERAPEU  RTI QT           547.8       (26.7)     245.0
REVANCE THERAPEU  RVNCEUR EU       547.8       (26.7)     245.0
REVANCE THERAPEU  RVNCEUR EZ       547.8       (26.7)     245.0
REVANCE THERAPEU  RTI TH           547.8       (26.7)     245.0
REVANCE THERAPEU  RTI GZ           547.8       (26.7)     245.0
RIMINI STREET IN  RMNI US          368.1       (70.1)     (67.8)
RIMINI STREET IN  0QH GR           368.1       (70.1)     (67.8)
RIMINI STREET IN  RMNIEUR EU       368.1       (70.1)     (67.8)
RIMINI STREET IN  0QH QT           368.1       (70.1)     (67.8)
RINGCENTRAL IN-A  RNG US         2,046.4      (272.5)     259.8
RINGCENTRAL IN-A  3RCA GR        2,046.4      (272.5)     259.8
RINGCENTRAL IN-A  RNGEUR EU      2,046.4      (272.5)     259.8
RINGCENTRAL IN-A  3RCA TH        2,046.4      (272.5)     259.8
RINGCENTRAL IN-A  3RCA QT        2,046.4      (272.5)     259.8
RINGCENTRAL IN-A  RNGEUR EZ      2,046.4      (272.5)     259.8
RINGCENTRAL IN-A  RNG* MM        2,046.4      (272.5)     259.8
RINGCENTRAL IN-A  3RCA GZ        2,046.4      (272.5)     259.8
RINGCENTRAL-BDR   R2NG34 BZ      2,046.4      (272.5)     259.8
SABRE CORP        SABR US        5,026.0      (949.0)     578.7
SBA COMM CORP     4SB GR        10,541.5    (5,231.0)    (167.2)
SBA COMM CORP     SBAC US       10,541.5    (5,231.0)    (167.2)
SBA COMM CORP     4SB TH        10,541.5    (5,231.0)    (167.2)
SBA COMM CORP     4SB QT        10,541.5    (5,231.0)    (167.2)
SBA COMM CORP     SBACEUR EU    10,541.5    (5,231.0)    (167.2)
SBA COMM CORP     4SB GZ        10,541.5    (5,231.0)    (167.2)
SBA COMM CORP     SBAC* MM      10,541.5    (5,231.0)    (167.2)
SBA COMM CORP     SBACEUR EZ    10,541.5    (5,231.0)    (167.2)
SBA COMMUN - BDR  S1BA34 BZ     10,541.5    (5,231.0)    (167.2)
SEAGATE TECHNOLO  S1TX34 BZ      7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  STXN MM        7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  STX US         7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  847 GR         7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  847 GZ         7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  STX4EUR EU     7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  847 TH         7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  STXH AV        7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  847 QT         7,967.0    (1,004.0)     (42.0)
SEAGATE TECHNOLO  STH TE         7,967.0    (1,004.0)     (42.0)
SEAWORLD ENTERTA  SEAS US        2,353.9      (454.7)    (239.2)
SEAWORLD ENTERTA  W2L GR         2,353.9      (454.7)    (239.2)
SEAWORLD ENTERTA  W2L TH         2,353.9      (454.7)    (239.2)
SEAWORLD ENTERTA  SEASEUR EU     2,353.9      (454.7)    (239.2)
SEAWORLD ENTERTA  W2L QT         2,353.9      (454.7)    (239.2)
SEAWORLD ENTERTA  W2L GZ         2,353.9      (454.7)    (239.2)
SERES THERAPEUTI  MCRB US          270.2       (47.9)      52.3
SERES THERAPEUTI  1S9 GR           270.2       (47.9)      52.3
SERES THERAPEUTI  MCRB1EUR EU      270.2       (47.9)      52.3
SERES THERAPEUTI  1S9 TH           270.2       (47.9)      52.3
SIRIUS XM HO-BDR  SRXM34 BZ     10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  SIRI US       10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  RDO TH        10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  RDO GR        10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  RDO QT        10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  SIRIEUR EU    10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  RDO GZ        10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  SIRI AV       10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  SIRIEUR EZ    10,023.0    (3,259.0)  (1,816.0)
SIRIUS XM HOLDIN  SIRI* MM      10,023.0    (3,259.0)  (1,816.0)
SIX FLAGS ENTERT  SIX US         2,658.2      (495.3)    (278.8)
SIX FLAGS ENTERT  6FE GR         2,658.2      (495.3)    (278.8)
SIX FLAGS ENTERT  SIXEUR EU      2,658.2      (495.3)    (278.8)
SIX FLAGS ENTERT  6FE TH         2,658.2      (495.3)    (278.8)
SIX FLAGS ENTERT  6FE QT         2,658.2      (495.3)    (278.8)
SLEEP NUMBER COR  SNBR US          962.8      (425.0)    (717.3)
SLEEP NUMBER COR  SL2 GR           962.8      (425.0)    (717.3)
SLEEP NUMBER COR  SNBREUR EU       962.8      (425.0)    (717.3)
SLEEP NUMBER COR  SL2 TH           962.8      (425.0)    (717.3)
SLEEP NUMBER COR  SL2 QT           962.8      (425.0)    (717.3)
SLEEP NUMBER COR  SL2 GZ           962.8      (425.0)    (717.3)
SMILEDIRECTCLUB   SDC* MM          545.6      (441.9)     139.3
SONDER HOLDINGS   SOND* MM       1,521.5       (96.8)      (8.4)
SOUNDHOUND AI-A   SOUN US           72.8         2.4       11.7
SPIRIT AEROSYS-A  S9Q GR         6,574.7      (444.6)   1,192.0
SPIRIT AEROSYS-A  SPR US         6,574.7      (444.6)   1,192.0
SPIRIT AEROSYS-A  S9Q TH         6,574.7      (444.6)   1,192.0
SPIRIT AEROSYS-A  SPREUR EU      6,574.7      (444.6)   1,192.0
SPIRIT AEROSYS-A  S9Q QT         6,574.7      (444.6)   1,192.0
SPIRIT AEROSYS-A  SPREUR EZ      6,574.7      (444.6)   1,192.0
SPIRIT AEROSYS-A  S9Q GZ         6,574.7      (444.6)   1,192.0
SPIRIT AEROSYS-A  SPR-RM RM      6,574.7      (444.6)   1,192.0
SPLUNK INC        SPLK US        5,966.1      (156.0)     900.2
SPLUNK INC        S0U GR         5,966.1      (156.0)     900.2
SPLUNK INC        S0U TH         5,966.1      (156.0)     900.2
SPLUNK INC        S0U QT         5,966.1      (156.0)     900.2
SPLUNK INC        SPLK SW        5,966.1      (156.0)     900.2
SPLUNK INC        SPLKEUR EU     5,966.1      (156.0)     900.2
SPLUNK INC        SPLK* MM       5,966.1      (156.0)     900.2
SPLUNK INC        SPLKEUR EZ     5,966.1      (156.0)     900.2
SPLUNK INC        S0U GZ         5,966.1      (156.0)     900.2
SPLUNK INC        SPLK-RM RM     5,966.1      (156.0)     900.2
SPLUNK INC - BDR  S1PL34 BZ      5,966.1      (156.0)     900.2
SQUARESPACE -BDR  S2QS34 BZ        754.4      (318.3)    (132.4)
SQUARESPACE IN-A  SQSP US          754.4      (318.3)    (132.4)
SQUARESPACE IN-A  8DT GR           754.4      (318.3)    (132.4)
SQUARESPACE IN-A  8DT GZ           754.4      (318.3)    (132.4)
SQUARESPACE IN-A  SQSPEUR EU       754.4      (318.3)    (132.4)
SQUARESPACE IN-A  8DT TH           754.4      (318.3)    (132.4)
SQUARESPACE IN-A  8DT QT           754.4      (318.3)    (132.4)
STARBUCKS CORP    SBUX US       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX* MM      28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SRB TH        28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SRB GR        28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX CI       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX SW       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SRB QT        28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX PE       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUXUSD SW    28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SRB GZ        28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX AV       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX TE       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUXEUR EU    28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    1SBUX IM      28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUXEUR EZ    28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    0QZH LI       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX-RM RM    28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUXCL CI     28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SBUX_KZ KZ    28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SRBD EB       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SRBD IX       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS CORP    SRBD I2       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS-BDR     SBUB34 BZ     28,609.0    (8,499.4)  (2,075.6)
STARBUCKS-CEDEAR  SBUX AR       28,609.0    (8,499.4)  (2,075.6)
STARBUCKS-CEDEAR  SBUXD AR      28,609.0    (8,499.4)  (2,075.6)
SYNDAX PHARMACEU  SNDX US          459.8      (298.7)     417.8
SYNDAX PHARMACEU  1T3 GR           459.8      (298.7)     417.8
SYNDAX PHARMACEU  SNDXEUR EU       459.8      (298.7)     417.8
SYNDAX PHARMACEU  1T3 TH           459.8      (298.7)     417.8
SYNDAX PHARMACEU  1T3 QT           459.8      (298.7)     417.8
SYNDAX PHARMACEU  1T3 GZ           459.8      (298.7)     417.8
TABULA RASA HEAL  TRHC US          355.6       (70.9)      56.6
TABULA RASA HEAL  43T GR           355.6       (70.9)      56.6
TABULA RASA HEAL  TRHCEUR EU       355.6       (70.9)      56.6
TABULA RASA HEAL  43T TH           355.6       (70.9)      56.6
TABULA RASA HEAL  43T GZ           355.6       (70.9)      56.6
TRANSAT A.T.      TRZ CN         2,509.3      (834.0)    (100.3)
TRANSDIGM - BDR   T1DG34 BZ     20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   T7D GR        20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   TDG US        20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   T7D QT        20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   TDGEUR EU     20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   T7D TH        20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   TDG* MM       20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   TDGEUR EZ     20,008.0    (2,893.0)   4,934.0
TRANSDIGM GROUP   TDG-RM RM     20,008.0    (2,893.0)   4,934.0
TRAVEL + LEISURE  WD5A GR        6,477.0      (975.0)     616.0
TRAVEL + LEISURE  TNL US         6,477.0      (975.0)     616.0
TRAVEL + LEISURE  WD5A TH        6,477.0      (975.0)     616.0
TRAVEL + LEISURE  WD5A QT        6,477.0      (975.0)     616.0
TRAVEL + LEISURE  WYNEUR EU      6,477.0      (975.0)     616.0
TRAVEL + LEISURE  0M1K LI        6,477.0      (975.0)     616.0
TRAVEL + LEISURE  WYNEUR EZ      6,477.0      (975.0)     616.0
TRAVEL + LEISURE  WD5A GZ        6,477.0      (975.0)     616.0
TRAVEL + LEISURE  TNL* MM        6,477.0      (975.0)     616.0
TRIUMPH GROUP     TG7 GR         1,714.8      (797.4)     536.6
TRIUMPH GROUP     TGI US         1,714.8      (797.4)     536.6
TRIUMPH GROUP     TGIEUR EU      1,714.8      (797.4)     536.6
TRIUMPH GROUP     TG7 TH         1,714.8      (797.4)     536.6
TRIUMPH GROUP     TG7 GZ         1,714.8      (797.4)     536.6
UBIQUITI INC      3UB GR         1,375.2      (184.5)     790.0
UBIQUITI INC      UI US          1,375.2      (184.5)     790.0
UBIQUITI INC      UBNTEUR EU     1,375.2      (184.5)     790.0
UBIQUITI INC      3UB TH         1,375.2      (184.5)     790.0
UNITED HOMES GRO  UHG US           283.8      (363.3)     249.9
UNITED HOMES GRO  6PO GR           283.8      (363.3)     249.9
UNITED HOMES GRO  DHHCEUR EU       283.8      (363.3)     249.9
UNITI GROUP INC   UNIT US        4,988.2    (2,324.2)       -
UNITI GROUP INC   8XC GR         4,988.2    (2,324.2)       -
UNITI GROUP INC   8XC TH         4,988.2    (2,324.2)       -
UNITI GROUP INC   8XC GZ         4,988.2    (2,324.2)       -
UROGEN PHARMA LT  URGN US          113.0      (116.6)      70.7
UROGEN PHARMA LT  UR8 GR           113.0      (116.6)      70.7
UROGEN PHARMA LT  URGNEUR EU       113.0      (116.6)      70.7
US GOLDMINING IN  USGO US            0.3        (2.1)      (1.9)
VECTOR GROUP LTD  VGR GR           955.9      (805.8)     301.2
VECTOR GROUP LTD  VGR US           955.9      (805.8)     301.2
VECTOR GROUP LTD  VGR QT           955.9      (805.8)     301.2
VECTOR GROUP LTD  VGREUR EU        955.9      (805.8)     301.2
VECTOR GROUP LTD  VGR TH           955.9      (805.8)     301.2
VECTOR GROUP LTD  VGR GZ           955.9      (805.8)     301.2
VERISIGN INC      VRS TH         1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRS GR         1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRSN US        1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRS QT         1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRSNEUR EU     1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRS GZ         1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRSN* MM       1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRSNEUR EZ     1,757.0    (1,593.8)     (98.3)
VERISIGN INC      VRSN-RM RM     1,757.0    (1,593.8)     (98.3)
VERISIGN INC-BDR  VRSN34 BZ      1,757.0    (1,593.8)     (98.3)
VERISIGN-CEDEAR   VRSN AR        1,757.0    (1,593.8)     (98.3)
WAVE LIFE SCIENC  WVE US           267.3       (26.8)      87.0
WAVE LIFE SCIENC  WVEEUR EU        267.3       (26.8)      87.0
WAVE LIFE SCIENC  1U5 GR           267.3       (26.8)      87.0
WAVE LIFE SCIENC  1U5 TH           267.3       (26.8)      87.0
WAVE LIFE SCIENC  1U5 GZ           267.3       (26.8)      87.0
WAYFAIR INC- A    W US           3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- A    1WF GR         3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- A    1WF TH         3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- A    WEUR EU        3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- A    1WF QT         3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- A    WEUR EZ        3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- A    1WF GZ         3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- A    W* MM          3,212.0    (2,745.0)    (302.0)
WAYFAIR INC- BDR  W2YF34 BZ      3,212.0    (2,745.0)    (302.0)
WEWORK INC-CL A   WE* MM        16,949.0    (3,786.0)  (1,437.0)
WINGSTOP INC      WING US          451.3      (379.8)     170.1
WINGSTOP INC      EWG GR           451.3      (379.8)     170.1
WINGSTOP INC      WING1EUR EU      451.3      (379.8)     170.1
WINGSTOP INC      EWG GZ           451.3      (379.8)     170.1
WINGSTOP INC      EWG TH           451.3      (379.8)     170.1
WINMARK CORP      WINA US           39.7       (54.0)      14.4
WINMARK CORP      GBZ GR            39.7       (54.0)      14.4
WPF HOLDINGS INC  WPFH US            0.0        (0.3)      (0.3)
WW INTERNATIONAL  WW US            973.7      (802.3)     (31.6)
WW INTERNATIONAL  WW6 GR           973.7      (802.3)     (31.6)
WW INTERNATIONAL  WW6 TH           973.7      (802.3)     (31.6)
WW INTERNATIONAL  WTWEUR EU        973.7      (802.3)     (31.6)
WW INTERNATIONAL  WW6 QT           973.7      (802.3)     (31.6)
WW INTERNATIONAL  WW6 GZ           973.7      (802.3)     (31.6)
WW INTERNATIONAL  WTW AV           973.7      (802.3)     (31.6)
WW INTERNATIONAL  WTWEUR EZ        973.7      (802.3)     (31.6)
WW INTERNATIONAL  WW-RM RM         973.7      (802.3)     (31.6)
WYNN RESORTS LTD  WYR GR        13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYNN* MM      13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYNN US       13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYR TH        13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYNN SW       13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYR QT        13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYNNEUR EU    13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYR GZ        13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYNNEUR EZ    13,724.0    (1,616.4)   2,882.4
WYNN RESORTS LTD  WYNN-RM RM    13,724.0    (1,616.4)   2,882.4
WYNN RESORTS-BDR  W1YN34 BZ     13,724.0    (1,616.4)   2,882.4
YUM! BRANDS -BDR  YUMR34 BZ      5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUM US         5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   TGR GR         5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   TGR TH         5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUMEUR EU      5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   TGR QT         5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUM SW         5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUMUSD SW      5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   TGR GZ         5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUM* MM        5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUM AV         5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUMEUR EZ      5,749.0    (8,774.0)      (9.0)
YUM! BRANDS INC   YUM-RM RM      5,749.0    (8,774.0)      (9.0)



                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Philadelphia, Pa., USA.
Randy Antoni, Jhonas Dampog, Marites Claro, Joy Agravante,
Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon,
Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and
Peter A. Chapman, Editors.

Copyright 2023.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000.

                   *** End of Transmission ***