Tritax Big Box has secured a £400 million credit facility to refinance its existing debt, marking a significant financial move for the company. This strategic action reflects its commitment to financial optimization.

Facing significant debt accumulated during the pandemic, Azul has filed for Chapter 11 bankruptcy in the United States. The move marks a pivotal moment for the company amid ongoing economic challenges.

Just eight months after emerging from a previous restructuring, Rite Aid Corp. has filed for Chapter 11 bankruptcy protection once more. The new filing signals additional store closures, including locations in Western New York.