Broader market volatility and geopolitical uncertainties could complicate the debt sale process, particularly if investor sentiment shifts away from high-risk assets like X-linked loans.

The federal government has thrown embattled regional airline Rex another lifeline as it buys up $50 million of the carrier's debt.

Too much debt compared to a startup’s income or cash reserves can result in a forced fire sale, where a company is sold for a fraction of its previous value. Or lenders may resort to foreclosure ...